#BYTEDANCE News

Five globally successful Chinese companies you’ve never heard of
restofworld.org Today, as China’s tech companies expand their influence beyond the country’s borders, it’s hard to tell where Chinese internet begins and ends. TikTok, owned by Chinese tech…

In challenge to Meta, Apple expected to unveil mixed-reality headset
theglobeandmail.com Apple Inc AAPL-Q is widely expected to announce a new headset that will blend video of the outside world with the virtual one at its annual software developer conference…

Meta unveils Quest 3 mixed reality headset ahead of Apple's VR debut
investing.com Meta Platforms CEO Mark Zuckerberg on Thursday revealed the company's next generation mixed reality headset, the Quest 3, as the company braces for Apple (NASDAQ: ) to…

TikTok Hit With Privacy Lawsuit Over Online Tracking
mediapost.com A California resident has sued TikTok and its parent company ByteDance for allegedly tracking her online activity on outside publishers' websites, including those of Hulu…

Bobby Kotick Breaks His Silence: Embattled Activision CEO Addresses Toxic Workforce Claims as Microsoft Deal Hangs in Balance
variety.com Bobby Kotick has a secret: He was ready to buy Time Warner a few years ago. The CEO of Activision Blizzard drops this nugget early on while sitting at the company’s Santa…

Report: ByteDance Among Bidders for Wanda Payments Unit
pymnts.com China’s Dailan Wanda Group is reportedly selling its payments business to boost liquidity. The multinational conglomerate has held discussions about the sale with…

‘De-China’ Move: Tech Owners Keen to Leave, Avoid US Rivalry
asiafinancial.com Intensifying US-China trade rivalry is forcing more Chinese tech companies to consider setting up bases overseas. Some tech business owners in mainland China have even been…

chinese tech entrepreneurs: Chinese tech entrepreneurs keen to de-China as tensions with US soar
indiatimes.com For the ambitious Chinese tech entrepreneur, expanding into the US just keeps getting harder.Before 2019, there were few major impediments to having a Chinese company that…

Some mainland China tech entrepreneurs are trying to gain permanent residency or citizenship outside of China to avoid US curbs and biases against Chinese firms
reuters.com [1/3] U.S. and Chinese flags are seen through broken glass in this illustration taken, January 30, 2023. REUTERS/Dado Ruvic/Illustration SHENZHEN, China, May 31 (Reuters) -…

Future of TV Briefing: CTV continues to be a black box to programmatic marketers
digiday.com The connected TV ad market would seem to be developing at a quick clip. Okay, QR codes aren’t exactly cutting edge technology, but shoppable video ads and CRM-based…

Chinese tech entrepreneurs keen to 'de-China' as tensions with US soar
yahoo.com For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder. Before 2019, there were few major impediments to having a Chinese company…

Sen. Tim Scott pushes bill that would require disclosure of apps' country of origin
cnbc.com Likely Republican presidential candidate and U.S. Senator Tim Scott (R-SC) speaks at a campaign town hall meeting at the New Hampshire Institute of Politics at Saint Anselm…

TikTok Creators’ Financial Info, Social Security Numbers Have Been Stored In China
forbes.com TikTok has stored the most sensitive financial data of its biggest stars — including those in its “Creator Fund” — on servers in China. Earlier this year, CEO Shou Chew told…

Ex-Google Safety Lead: News Orgs Using AI Have to Own the Hallucinations
gizmodo.com In a few short months, the idea of convincing news articles written entirely by computers have evolved from perceived absurdity into a reality that’s already confusing some…

TikTok CEO Expands Purview to Include ByteDance’s New App Lemon8
theinformation.com The Singapore-based CEO of TikTok, Shou Zi Chew, is getting a bigger job. TikTok’s Chinese parent company, ByteDance, is putting its newer social media app, Lemon8, under…

Chinese apps remain hugely popular in the U.S. despite efforts to ban TikTok
nbcnews.com For several years now, ByteDance’s TikTok has been the focus of lawmakers and intelligence officials who fear it could be used to spy on Americans. Those concerns took…

How TikTok is shaking up the entertainment business and changing power dynamics, according to dozens of authors, comedians, dancers, music-industry…
businessinsider.com iStock; Robyn Phelps/Insider TikTok has become a de facto audition stage for musicians, dancers, comedians, and even authors. Choreographers, A&R leads at record labels, and…

TikTok owner under pressure in China over death of influencer
newsweek.com TikTok's Beijing-based owner was among the companies under pressure this month to get tough on moneymaking stunts after a livestreamer reportedly drank himself to death two…

Nearly half of all billionaires are poorer than they were a year ago, data shows
forbes.com.au They’re $200 billion poorer than last year, but still worth $2.1 trillion. It was a down year for many of the planet’s 2,640 billionaires–including those at the very top of…

Chinese app factory Newborn Town has designs on Southeast Asia with many smaller platforms, flipping the TikTok model
yahoo.com Yumy, Mico and Yoho are all hit social media and dating apps in Southeast Asia and the Middle East. They also have something else in common: a single Chinese developer. Just…

Zhang Yiming Gained His VC Experience at ByteDance
observer.com ByteDance founder Zhang Yiming created a personal investment fund called Cool River Venture on May 22, according to Yicai, a Chinese publication. The news represents the…

Why I'm having trouble covering AI
platformer.news “a pen in the shape of a question mark, digital art” / DALL-E It’s going to be a big week for announcements related to artificial intelligence. With that in mind, today I…

How to make it big in Xi Jinping’s China
economist.com G transformation into a mythical beast has been speedy. The startup, which specialises in super-fast lithium-battery charging, was launched in late 2020. Only 19 months…

ByteDance, TikTok’s Chinese parent, reports a record profit
economist.com T becoming the West’s favourite time sink. Last month it said it had 150m users in America, putting it ahead of Instagram and within striking distance of Facebook, two…

Both America’s political camps agree that TikTok is troubling
economist.com “A power to suppress foreign companies”. That might sound like a description of China’s economic strategy, but instead it is the charge that China’s Ministry of Foreign…

Billionaires Worth More Than the United States’ Cash Balance
nytimes.com The Treasury Department said its cash balance fell to $38.8 billion as of Thursday, as the United States inched toward running out of cash to pay its bills. That was…

The Day TikTok Went Dark in India
theinformation.com On June 29, 2020, as thunderstorms swept Mumbai and daily Covid-19 cases in India surged by almost 20,000, millions of people began experiencing a flood of network errors on…

Tech layoffs ravage the teams that fight online misinformation and hate speech
cnbc.com Toward the end of 2022, engineers on Meta's team combating misinformation were ready to debut a key fact-checking tool that had taken half a year to build. The company…

Of Course We Should Ban TikTok. It's Dangerous for our Kids
newsweek.com Doing something about TikTok seems to be just about the only thing on which a bipartisan consensus still exists in Washington. The Biden administration and most Democrats…

TikTok Joins Conversational AI Race, Now Trialing Tako In-App
coinspeaker.com Coinspeaker TikTok Joins Conversational AI Race, Now Trialing Tako In-App TikTok, the short video content social media offshoot of Chinese technology firm ByteDance is…

TikTok Shop, a rising threat to Shopee and Lazada in Southeast Asia
cnbc.com TikTok Shop is a rising threat to major e-commerce players such as Shopee and Lazada in Southeast Asia. It comes as its parent ByteDance pushes the short video app in…

Carl Icahn’s Proxy Fight With Illumina Comes to a Vote
nytimes.com Shareholders are set to vote on Thursday whether to back the gene-sequencing company’s incumbent board or candidates named by the activist investor. How close is Icahn to…

Will America ban TikTok?
theweek.com The popular social media app TikTok might be best known as a platform for viral dance crazes and other silly videos. But U.S. officials are worried it could also be used in…

TikTok is testing chatbot Tako in select markets; the bot appears on the right side of the app and lets users ask questions about a video or finding new content
techcrunch.com AI chatbots, like ChatGPT, are all the rage, so it’s no surprise to learn that TikTok is now testing its own AI chatbot, as well. Called “Tako,” the bot is in limited…

Ongoing Chinese Influence Operations Could Strengthen the Case for a TikTok Ban
socialmediatoday.com While TikTok has over 150 million US users who are increasingly spending more of their time in the app, its popularity could also be clouding concerns around its potential…

A TikTok ban in Montana points to how a US ban would play out: messy and hard to enforce
businessinsider.com Montana is the first US state to ban TikTok, but the law is hard to enforce, experts say. Lorenzo Di Cola/NurPhoto via Getty Images Montana is the first US state to ban…

Sources and documents: TikTok employees have regularly posted user data on messaging tool Lark, used by ByteDance, leading some staff to raise privacy concerns
nytimes.com Employees of the Chinese-owned video app have regularly posted user information on a messaging and collaboration tool called Lark, according to internal documents. In August…

5 things to know before the stock market opens Tuesday
cnbc.com 1. Looking for a way forward Stocks kicked off the week with a jumbled session Monday, as investors work to get a grasp on the state of the economy and what could come next,…

Venture Capitalists Face Pressure to Divest From China
theinformation.com Silicon Valley venture capitalists are coming to terms with a new reality: Their once-prized China investments may be victims of a simmering cold war. As tensions between…

US Surgeon General report warns social media can harm kids
theregister.com The US Surgeon General on Tuesday issued an advisory warning that social media, despite potential benefits, presents a risk to the mental health of children and adolescents.…

TikTok Giving Oracle Code Access Amid Security Concerns
pymnts.com TikTok is reportedly giving Oracle access to its technology to ease national security concerns. According to a report Monday (May 22) by Bloomberg News, the Chinese-owned…

TikTok CEO says ‘we will prevail’ against Montana ban
cnn.com TikTok CEO Shou Chew vowed Tuesday that his company’s legal battle against Montana will succeed, after the state passed a law that would ban the app from personal devices…

Alibaba to cut 7% of workforce in its cloud unit as it pursues IPO for the division
cnbc.com Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Alibaba…

TikTok Challenges Montana’s Decision to Ban the App
socialmediatoday.com As expected, TikTok has launched a legal challenge against Montana’s decision to ban the app in the state. Last Wednesday, Montana Governor Greg Gianforte signed legislation…

TikTok to let Oracle view source code, algorithm and content-moderation
theregister.com TikTok, the social video platform used by around 150 million people in the US, is set to hand access to its source code, algorithm and content-moderation material to Oracle…

Here's an idea for Twitter, Elon: Copycat your way to a $630 billion empire just as Mark Zuckerberg did
businessinsider.com Mark Zuckerberg and Elon Musk. Associated Press Here's an idea for Elon Musk: try copying ideas from other social-media apps for Twitter. Being a copycat has allowed Mark…

TikTok Sues To Block Ban In Montana
mediapost.com Montana's new law banning the use of TikTok is unconstitutional, the Chinese-owned company says in a new lawsuit that seeks to block the law from taking effect. “By banning…

TikTok Will Provide Oracle "Full Access" To Source Code, Algo In Bid To Stay In US
zerohedge.com TikTok Will Provide Oracle "Full Access" To Source Code, Algo In Bid To Stay In US Banned in Montana and facing unfavorable legislation in other states and Capitol Hill,…