TikTok Shop has gained even more traction since the president signed a law that may ban the app. If it goes away, Chinese e-commerce giants Temu and Shein could win big.
The owner of TikTok is working with a US tech firm to design its own AI processor as the social media giant seeks to secure is own supply of chips amid heightened US-China relations, according to a report by Reuters.
Tensions created by the U.S. trade sanctions likely forced TikTok owner ByteDance to form a business partnership with Broadcom as the Chinese internet company reportedly seeks to develop an AI chip. It is said that this particular chip…
In a bid to secure a stable supply of high-end chips amid U.S.-China tensions, Chinese tech giant and TikTok's owner ByteDance is reportedly collaborating with U.S. chip designer Broadcom to develop an advanced AI processor.
BEIJING - China's ByteDance is working with US chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok's owner secure sufficient supply of high-end chips amid…
In a filing, ByteDance urged a US court to strike down a law that could ban TikTok in the US, recounting lengthy talks that it says the US ended in August 2022 — TikTok and Chinese parent ByteDance on Thursday urged a U.S. court to strike…
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The US FTC says it has referred a complaint to the DOJ against TikTok and ByteDance over potential violations of the Children's Online Privacy Protection Act — The U.S. Federal Trade Commission said on Tuesday it had referred a complaint…
ByteDance, TikTok's parent company, has quietly launched Whee, an Instagram-like app that shares photos with close friends. The app is currently available only in select countries, excluding the US.
ByteDance, the parent company of TikTok, has confirmed layoffs at its Indonesian unit to optimise operations, following its acquisition of a majority stake in the Indonesian e-commerce giant Tokopedia.
TikTok parent ByteDance will lay off staff at its Indonesian e-commerce unit to cut costs in the wake of a deal that let the video-sharing app reopen its online shop in the Southeast Asian country.
ByteDance, the parent company of TikTok, is investing US$2.13 billion to establish a regional AI hub in Malaysia, further boosting the country's digital economy.
Chinese tech giant ByteDance, known for TikTok, has been avoiding US sanctions on Nvidia’s advanced AI chips. The US government restricts direct sales of these chips to China due to national security concerns. However, ByteDance has found…