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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...- 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...
- 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 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...
- 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...
- 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...
- Meta shares slip after US jury verdicts raise concerns of new legal exposureMeta shares fell 6% to a 10-month low on Thursday after rulings this week found the Facebook parent failed to adequately warn or protect yo...
- ByteDance suspends launch of video AI model after copyright disputes: ReportByteDance has put on hold the global launch of its latest video-generation model, Seedance 2.0, after a series of copyright disputes wit...
- China's ByteDance gets access to top Nvidia AI chips, WSJ reportsByteDance is working with Southeast Asian firm Aolani Cloud to deploy about 500 Nvidia Blackwell computing systems in Malaysia, totalling...
- Oracle's stake in TikTok US joint venture is worth roughly $2 billion, filing showsOracle’s stake in TikTok’s U.S. operations is valued at about $2 billion after ByteDance created a majority-owned American joint venture to...
- TikTok parent ByteDance's valuation hits $300 billion, sources sayAfter proposing a share buyback program at $180.70 per share, ByteDance, parent company of TikTok has been valuing itself at $300 billion, ...
- TikTok parent ByteDance's valuation hits $300 billion amid US ban uncertainty: reportByteDance investors have viewed President-elect Donald Trump's return to the White House as an overall positive for TikTok's hopes in the U...
- TikTok preparing a US copy of the app's core algorithmTikTok is developing a clone of its recommendation algorithm for its U.S. users to operate independently from its Chinese parent, ByteDance...
- TikTok parent ByteDance to allow US staff to cash out on shares: reportThe move is aimed at appeasing restless employees who have been waiting for an initial public offering to profit from the shares they have ...
- TikTok slashes ad sales target by $2 billion after tech downturnTikTok Chief Executive Officer Shou Zi Chew told a handful of employees during a recent meeting that the Chinese-owned app has slashed its ...
- ByteDance would be worse than its barkTikTok gathers an immense amount of data with every interaction by a user. This ranges from knowing who your friends are, what you discuss ...
- 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 to keep up legal fight against tax evasion charges in IndiaThere are only two ways ahead for Bytedance—either approach the tax department or the Supreme Court against the tax evasion charges.
- ByteDance explores sale of Indian TikTok assets to rival firm Glance: ReportGlance's parent, mobile advertising technology firm InMobi, also owns short-video app Roposo that has gained in popularity after TikTok was...
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