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Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...
Court rules EU must drop strict curbs on Facebook MarketplaceThe appeal before the EU's General Court in Luxembourg regarded the platforms' designation under the Digital Markets Act (DMA), one of seve...
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...
Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records showMeta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier set...
Democratic senator wants TikTok US JV, Oracle to answer questions on platform safeguardsSenator Ed Markey has sought answers from TikTok's US joint venture and Oracle. The focus is on the security of American user data and prev...
Youtube says will flag AI-generated contentYoutube will now automatically identify AI-generated videos. This new policy will inform viewers if content is created using artificial int...
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 ...
Qualcomm strikes AI chip deal with TikTok owner ByteDance: Bloomberg NewsAmerican chipmaker Qualcomm has struck an AI chip deal with TikTok owner ByteDance, according to a Bloomberg News report
TikTok challenges EU 'gatekeeper' status at Europe's top courtTikTok is fighting its EU 'gatekeeper' status in court. The company argues it does not meet the strict criteria set by the Digital Markets ...
ByteDance targets 25% rise in AI infrastructure spendingByteDance has significantly increased its AI infrastructure spending by 25% to 200 billion yuan ($29.4 billion) this year, driven by rising...
Thailand's SiamAI denies exporting US AI servers to ChinaBangkok-based SiamAI has denied allegations of exporting AI servers to China, stating full compliance with US export control laws. The comp...
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...
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...
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...
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...
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...
TikTok to build a second billion-euro data centre in FinlandTikTok plans to invest 1 billion euros ($1.16 billion) to build a second data centre in Finland in less than a year as it moves data storag...
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 ...
After proposing Canada's merger with US, now Shark Tank's Kevin O'Leary is set to buy TikTok’s American business, seeks Donald Trump's helpKevin O'Leary is currently making headlines for deciding on buying up the American business of popular social media app TikTok. This app by...
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