TikTok
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...
X hit with 120 million euros EU fine for breaching content rules, TikTok settles
Europe’s Big Tech crackdown to boost competition and consumer choice has drawn criticism from Trump’s administration
TikTok to invest more than 200 billion reais in Brazil data centre
The project will fully rely on clean energy from wind energy parks
Chinese regulators block ByteDance from using Nvidia chips, The Information reports
The reported ban underscores Beijing’s efforts to reduce reliance on US technology
TikTok Shop pushes into luxury retail with US$11,000 handbags
Most of the items are used and listed by secondhand resellers
Malaysia says it plans to ban social media for under-16s from 2026
France, Spain, Italy, Denmark and Greece are also jointly testing a template for an age verification app
ByteDance’s valuation soars to US$480 billion in share auction
The transaction is a sign of the enduring interest in the company that has created several of China’s most popular digital services
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins
Trump’s TikTok deal with China – what do we know?
The social media platform will continue operating in the US in its current form until an accord is finalised
