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TikTok, YouTube deactivate 4.7 million child accounts in Indonesia following government curbs, minister saysIndonesia has taken significant action regarding child social media engagement, leading to the deactivation of around 4.7 million accounts ...- ByteDance rolls out paid subscriptions for China's largest AI chatbotChinese tech giant ByteDance has launched paid subscriptions for its popular AI chatbot, Doubao, a move aimed at monetizing its vast user b...
- Google's YouTube settles case over social media harm to childrenThe terms of the settlement of the state court lawsuit were confidential, the lawyers said on Tuesday. The suit named four defendants - You...
- India shows that forcing teens off their phones isn’t always goodThe UK's initiative to restrict social media access for individuals under 16 mimics India's stance, rooted in fears surrounding child well-...
- Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...
- Florida sues TikTok, claiming it violates state child safety lawThe lawsuit seeks a court order directing the platform, which is owned by ByteDance, to make changes to bring it into compliance with the l...
- 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...
- 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 ...
- 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...
- Tesla registers its AI-driven voice assistant in ShanghaiTesla has registered its voice assistant feature, which is powered by a generative artificial intelligence (AI) model, with China's cybersp...
- 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...
- 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...
- 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...
- TikTok may get $330-billion valuation in new share buybackByteDance, the parent company of TikTok, is planning a new employee share buyback, valuing the company at over $330 billion. This decision ...
- TikTok owner ByteDance sets valuation at over $330 billion as revenue grows, sources sayThe company plans to offer current employees $200.41 per share in the repurchase programme, the people said, up 5.5% from $189.90 each it o...
- ByteDance prefers TikTok shutdown in US if legal options fail: reportByteDance considers shutting down TikTok over U.S. ban legislation, unlikely to sell due to crucial algorithms. China opposes forced sale. ...
- TikTok maker ByteDance takes aim at lifestyle leader Xiaohongshu with new appThe app is overseen by Alex Zhu, senior vice president of product and strategy at ByteDance and formerly TikTok head
- TikTok owner ByteDance 'scraped' content from Instagram, SnapchatByteDance allegedly took videos, usernames, pictures and more from the social media platforms and uploaded them to the app without users' c...
- Media bytesPoliticians and unions cautiously welcomed the tie-up which would create a new global powerhouse but they also called on Corus to demand to...
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