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TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...- DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
- DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
- China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
- How China block of AI deal could stop 'Singapore-washing'China has blocked Meta's acquisition of Singapore-based AI firm Manus, signaling a crackdown on "Singapore-washing." This move, aimed at pr...
- YouTube offers deepfake detection to HollywoodYouTube is now offering Hollywood celebrities and entertainers a free deepfake detection tool to combat AI-driven impersonations. This expa...
- China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...
- Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuitsAt the end of March, a Los Angeles jury found Meta and Alphabet's Google liable for a young woman's depression and suicidal thoughts afte...
- Waiting for DeepSeek: new model to test China's AI ambitionsDespite reports and rumours about its imminent release, DeepSeek's next-generation "V4" model is nowhere in sight. Speculation is also swir...
- Huawei posts slower annual revenue growth of 2.2%Huawei's 2025 revenue grew 2.2 percent to 880.9 billion yuan. This growth was supported by its core network infrastructure and consumer dev...
- Founder of TikTok owner ByteDance jumps to top of China's rich listByteDance founder Zhang Yiming tops the Hurun China Rich List with a fortune of $49.3 billion, overtaking bottled water magnate Zhong Shans...
- ByteDance says committed to VR business Pico after report of it shutting brandThe Pico headsets are often seen as ByteDance's answer to the popular Quest headsets developed by Meta Platforms Inc. Pico has the biggest ...
- ByteDance founder Zhang Yiming steps down as chairmanByteDance New CEO Liang Rubo, who announced a major organisational restructuring at the TikTok parent, will take on the role of chairman fr...
- ByteDance founder tells staff he's shifting away from CEO's daily work - sourcesIn May, Zhang unexpectedly announced that he will step down as CEO of the TikTok owner amid Chinese' regulators' tightened scrutiny of the ...
- TikTok owner ByteDance launches share buyback after shelving IPO plansIn an email sent to current and former employees this week, ByteDance said eligible shareholders can apply to sell their holdings by June 2...
- Timeline: ByteDance founder who put TikTok on global map to quit as CEOZhang, 38, turned ByteDance into a social media powerhouse which has also had many brushes with global regulators
- TikTok founder Zhang Yiming enters world's richest people-club with over $60 billion net worthDuring its last fundraising round, ByteDance reached a $180 billion valuation.
- Social media, video apps flooded with CVs, job requests post ByteDance layoffsMX Player's TakaTak, ShareChat, Trell, Chingari, Bolo Indya, Mitron and Roposo are among the many companies likely to pick up some of the i...
- How ByteDance's CEO Yiming Zhang balked at selling TikTok's U.S. businessChina's opposition to a forced sale of TikTok, as well as concerns by major ByteDance backers such as Sequoia and General Atlantic over the...
- TikTok’s parent pushes into search businessByteDance, known for aggressively recruiting top tech talent, is turning its attention to one of the most lucrative businesses online.
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