US stocks today: S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion clubUS stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into ...
27 May, 2026, 01.38 AM IST
US nears $400 million settlement with TikTok on child-privacy violations: ABC NewsUS government is close to a $400 million deal with TikTok. This settlement addresses claims of child privacy breaches. The funds are report...
09 May, 2026, 08.13 AM IST
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...
06 May, 2026, 08.52 PM IST
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...
29 Apr, 2026, 11.05 AM IST
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...
28 Apr, 2026, 11.35 AM IST
China to curb US investment in tech companies: ReportChina is set to block top tech firms, including AI startups, from taking US money without official clearance. Regulators have told companie...
24 Apr, 2026, 07.39 PM IST
China to curb US investment in tech companies: ReportChinese regulators, including the National Development and Reform Commission, have recently instructed several private technology firms t...
24 Apr, 2026, 04.15 PM IST
Chinese startup ShengShu raises $293 million to advance artificial general intelligenceFounded in early 2023 by Tsinghua University alum Zhu Jun, ShengShu became the first Chinese company to release a video generation model wh...
10 Apr, 2026, 10.25 AM IST
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...
09 Apr, 2026, 08.26 AM IST
Global Market: Saudi Wealth Fund to maintain global betsSaudi Arabia's wealth fund, the Public Investment Fund, is committed to global investments. Governor Yasir Al Rumayyan stated the fund's st...
27 Mar, 2026, 06.10 AM IST
ByteDance quietly rolls out SeeDance 2.0 globallyThe SeeDance 2.0 model was launched in China last month, both stunning and spooking the entertainment industry with its ability to produce ...
26 Mar, 2026, 05.28 PM IST
TikTok owner ByteDance sells gaming unit to Saudi group for over $6 billionTikTok owner ByteDance will sell its gaming studio Moonton to a Saudi-owned group for more than $6 billion, the firms and a person close to...
20 Mar, 2026, 11.19 PM IST
ByteDance agrees to sell Moonton to Savvy Games for $6 billionByteDance has agreed to sell Moonton to Savvy Games Group for about $6 billion, shifting its focus to generative AI. The Beijing company wi...
20 Mar, 2026, 04.17 PM IST
ByteDance valued at $550 billion in proposed share sale by General AtlanticGeneral Atlantic, which first invested in ByteDance in 2017 when the company was valued at about $20 billion, started the process to sell s...
25 Feb, 2026, 04.49 PM IST
HSG's continuation fund to value ByteDance at up to $370 billion: ReportHSG, formerly Sequoia Capital China, is reportedly launching a new fund. This fund is expected to buy some of its shares in TikTok's parent...
07 Jan, 2026, 08.19 PM IST
ByteDance said to be in talks to borrow up to $3 billionTikTok owner ByteDance plans to take advantage of currently low-interest rates to repay its debt, however, terms and the loan size are stil...
08 Sep, 2021, 01.47 PM IST
Sequoia Capital and KKR lead ByteDance funding round that values it at $180 billionThe funding round, which aims to raise $2 billion and would make it the world's most valuable financing round in the private market, is dra...
11 Dec, 2020, 04.28 PM IST