-
Apple Reportedly In Talks With Tencent, TikTok-Parent ByteDance To Roll Out AI Features In China
Thursday, December 19, 2024 - 2:56am | 542Apple Inc. (NASDAQ:AAPL) is reportedly engaging in discussions with Tencent (OTC:TCEHY) and TikTok’s parent company, ByteDance, to integrate their AI models into iPhones sold in China. What Happened: The U.S. tech giant began incorporating OpenAI’s ChatGPT...
-
Mark Cuban Says This Is The 'Holy Grail' That Makes Bluesky Better Than Musk's X Platform
Wednesday, December 18, 2024 - 6:09pm | 963Entrepreneur and investor Mark Cuban has been an outspoken critic of Elon Musk and the X social media platform. In a recent interview, Cuban shares what sets Bluesky apart from X and why he's spending more time there. Why Cuban Loves Bluesky: Alternate platforms to X, formerly known as Twitter,...
-
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, December 13, 2024 - 2:34pm | 1581Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...
-
Tech Stocks Rise; Meta Rallies As Court Upholds Tiktok Ban; Bitcoin Roars Above $101,000: What's Driving Markets Friday?
Friday, December 6, 2024 - 2:09pm | 1002The S&P 500 and the Nasdaq 100 are set to log their third consecutive week of gains. The Nasdaq 100, in particular, is tracking its strongest weekly performance in a month, underscoring investor enthusiasm for tech stocks and the growing likelihood of lower interest rates. Meanwhile, the Dow...
-
Bytedance Valuation Soars To $300B Despite Threat Of US TikTok Ban
Tuesday, November 19, 2024 - 12:32pm | 460ByteDance, the parent company of the globally popular app TikTok, has set its valuation at a whopping $300 billion. This marks one of the highest valuations the company has seen to date. What Happened: ByteDance’s valuation was established in a recent share buyback offer. This move indicates...
-
China's Tech Giants Alibaba, ByteDance, And Meituan Are Expanding Their Silicon Valley AI Footprints Amid US Efforts To Block Progress: Here's Why
Monday, November 18, 2024 - 10:15pm | 706China’s leading tech firms, Alibaba (NYSE:BABA), ByteDance, and Meituan (OTC:MPNGY) (OTC:MPNGF), are reportedly expanding their AI teams in Silicon Valley. What Happened: These Chinese tech giants have been growing their California-based offices recently, to attract...
-
AI Demand Fuels Record Profits, Chip Controversies, And Tech Giants Redefine AI Landscape: This Week In The World Of Artificial Intelligence
Sunday, October 27, 2024 - 8:00am | 635The week was buzzing with significant developments in the tech world, with artificial intelligence (AI) at the center of it all. From record-breaking profits driven by AI demand to potential violations of export rules, the tech industry kept us on our toes. Here’s a quick roundup of the top...
-
TikTok Parent Fires Intern For 'Maliciously Interfering' With AI Training, Denies $10M Damage Claims Amid Social Media Outcry
Monday, October 21, 2024 - 4:16am | 482Chinese tech giant ByteDance Ltd. has dismissed an intern for allegedly disrupting the training of one of its artificial intelligence models. What Happened: ByteDance, the parent company of popular social media platform TikTok, has reportedly fired an intern for intentionally interfering with the...
-
OpenAI's Chinese Cousins Alibaba, And ByteDance Are Slashing AI Costs And Defying US Chip Sanctions: Beijing's Strength Is To 'Build Fast, Build Reliably And Build Cheap'
Sunday, October 20, 2024 - 10:39pm | 673Amid the U.S. chip sanctions, Chinese artificial intelligence firms, including 01.ai, Alibaba Group Holding Ltd (NYSE:BABA), and ByteDance, are making strides in reducing AI costs. What Happened: Chinese AI companies, including startups like 01.ai and DeepSeek, and giants like...
-
Leaked Documents: TikTok Knew Algorithm Had Harmful Effects On Children
Sunday, October 13, 2024 - 1:00pm | 527Popular social media platform TikTok was aware of the potential harm its algorithm could inflict on minors, according to internal documents that were unintentionally made public. What Happened: The internal documents were exposed during a multi-state investigation into TikTok. Reporters from...
-
TikTok Cuts Hundreds Of Jobs As Company Shifts Toward AI-Based Content Moderation: Report
Friday, October 11, 2024 - 4:31am | 535TikTok, owned by ByteDance, is reportedly laying off hundreds of employees, with significant reductions in Malaysia. This move aligns with the company’s strategy to enhance AI-based content moderation. What Happened: Sources cited by Reuters initially reported over 700 job cuts in Malaysia,...
-
With TikTok Ban Looming Large, Parent ByteDance's Web Scraping Bot Draws Attention For Being More Aggressive Than The One ChatGPT Uses: Report
Friday, October 4, 2024 - 2:22am | 557ByteDance, the company behind TikTok, has introduced a powerful web scraper named “Bytespider.” Launched in April, Bytespider is recognized as one of the most aggressive data collectors online, outpacing other major tech firms significantly in terms of data collection speed. What...
-
TikTok Parent ByteDance To Reportedly Use Huawei Chips To Train AI Model
Monday, September 30, 2024 - 2:38am | 558ByteDance, the parent company of TikTok, reportedly plans to develop a new AI model using chips from Huawei Technologies. What Happened: The decision comes as U.S. restrictions on advanced AI chip exports, such as those from Nvidia, push ByteDance to seek domestic suppliers. The company has...
-
TikTok's Future Hangs In Balance As Judges Express Skepticism In US Court Battle
Monday, September 16, 2024 - 11:50pm | 720ByeDance-owned TikTok, the widely-used social media platform for creating and sharing short-form videos, has encountered a doubtful panel of judges. What Happened: TikTok and a group of creators are contesting a law, often referred to as “the TikTok ban,” in front of a three-judge panel...
-
X Gains Ground As Facebook Slips: Musk Closes In On Zuckerberg In Social Media Face-Off
Wednesday, September 11, 2024 - 12:17pm | 637In a plot twist worthy of a bingeworthy drama, the so-called demise of Twitter, now rebranded as X, has been significantly overstated. According to the latest data from SimilarWeb, Elon Musk‘s X isn’t just surviving—it’s thriving. The platform saw a dramatic turnaround in user...