ByteDance
TikTok’s new CEO brings Hollywood connections, ByteDance loyalty
Presser does not have a background in politics, but his new role is likely to thrust him into Trump’s orbit
US lawmakers say TikTok joint venture deal needs scrutiny from Congress
Some US lawmakers on Friday (Jan 23) said a deal by TikTok’s Chinese owner ByteDance to establish a majority American-owned joint venture (JV) to avoid a US ban on the social media app needs scrutiny ...
Vietnam fines TikTok for violating government data consent rules
The company has no mechanism enabling consumers to opt out of having their information used for commercial activities such as advertising
The US’ American-ish TikTok awaits
Even as platforms splinter further for users, corporations remain bound by geopolitical ties
TikTok blocks Thai politicians from paying for ads before elections
There are about 50 million TikTok users in Thailand – almost as many as the 53 million people eligible to vote
AI video generation leads China’s Kuaishou to 84% stock surge
The company has projected US$140 million in annual revenue for 2025 from AI video
TikTok owner ByteDance on track for US$50 billion profit in 2025
Despite this, growth is likely to be slower than previous years
TikTok says it signed agreements to create new US joint venture
TIKTOK chief executive officer Chew Shou Zi told employees that the social media app’s parent company, ByteDance, signed binding agreements to create a US joint venture majority-owned by American inve...
ByteDance, Alibaba keen to order Nvidia H200 chips after Trump green light: sources
The chip’s ability to train AI models is currently unmatched by domestic equivalents
TikTok to invest more than 200 billion reais in Brazil data centre
The project will fully rely on clean energy from wind energy parks