ByteDance Financial News
27.03 / 10:37
Reuters
ByteDance
NVIDIA
Trade
information
reports
International
China's H3C warns of Nvidia AI chip shortage amid surging demand
H3C, has flagged potential shortages of Nvidia's H20 chip, the most advanced AI processor legally available domestically under U.S. export controls, in a client notice seen by Reuters. The potential supply crunch could create obstacles for China's artificial intelligence ambitions at a time when its tech firms are aggressively expanding their investments in AI. «H20's international supply chain faces significant uncertainties,» the company said in Tuesday's notice, adding that current inventory was nearly depleted.
18.05 / 10:05
Digital
Entertainment
ByteDance
wellness
performer
consequences
recommendations
AI super-apps are remaking China’s internet
Subscribe to enjoy similar stories.To have a coffee delivered to an office in Shanghai, simply ask one of China’s artificial-intelligence super-apps to choose a brew on your behalf, press “confirm” and the beverage will be on its way. Delegating such important decisions brings risks, of course.
05.05 / 02:19
markets
Digital
Google
ByteDance
War
Updates
peace
Strategic autonomy: Why India should call off the LLM debate and develop its very own AI models
Subscribe to enjoy similar stories.In the field of artificial intelligence (AI), should India create its own large language models (LLMs) that can work on a trillion-plus parameters? Scale-wise, this would put them in contention with LLMs created by US players OpenAI, Google, Anthropic, Meta and their Chinese rivals Alibaba, DeepSeek and Moonshot, with ByteDance, Tencent and Zhipu AI not far behind. Or should India focus on creating AI tools and agents based on available models? Eminent leaders of India’s success in IT services have argued in favour of the latter option. Scarce resources need not go into building frontier models from scratch, they say, as we could gain more by using what already exists to go further.
15.02 / 01:39
UPS
Google
ByteDance
TikTok
voice
Videos
TikTok’s Chinese parent has an app to replace Hollywood
Subscribe to enjoy similar stories. SINGAPORE—The company behind TikTok has developed an artificial-intelligence model that can turn a single text prompt into a high-quality video with a story line, scene changes and distinctive characters. The new AI video-creation model from Beijing-based ByteDance is generating buzz in China and a backlash in Hollywood over copyright issues.
03.04 / 01:43
UPS
ByteDance
TikTok
President
reports
Videos
OnlyFans founder, crypto foundation submit late-stage bid to buy TikTok
OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Chinese owner ByteDance, the two said on Wednesday. The intent to bid was sent this week to the White House by Zoop, billionaire Stokely's new company, and the Hbar Foundation, which manages the Hedera cryptocurrency network's treasury. While OnlyFans is known mainly for pornography, Zoop is mainstream and family-friendly, and gives back the majority of its revenue to those who post on the site, rewarding them for driving up user engagement.
29.03 / 16:27
27.03 / 15:53
Twitter
Reuters
Platform
ByteDance
TikTok
reports
Why does China’s TikTok matter so much to Donald Trump?
Trump is doing all he can to save TikTok, the hugely popular video-sharing app owned by Chinese Internet company ByteDance. It's unusual because not long ago Trump had wanted to ban it. In a desperate bid to make TikTok American, he said on Wednesday he would be willing to reduce tariffs on China if it allows ByteDance to sell the app to an American buyer. However, AFP has reported that China has rebuffed Trump's offer, with its foreign ministry saying that it has «repeatedly stated our position» on TikTok. «The Chinese side's stance against imposing additional tariffs is also consistent and clear,» foreign ministry spokesman Guo Jiakun said. A US law during the Biden administration ordered TikTok to divest from its Chinese owner ByteDance or be banned in the US, enacted over concerns that Beijing could exploit the video-sharing platform to spy on Americans or covertly influence US public opinion. The law took effect on January 19, a day before Trump's inauguration. TikTok temporarily shut down in the US and disappeared from app stores as the deadline for the law approached, to the dismay of millions of users. Trump suspended its implementation for two-and-a-half months after beginning his second term on January 20, seeking a solution with Beijing. TikTok subsequently restored service in the US and returned to the Apple and Google app stores in February. Trump's reprieve to TikTok is set to expire on April 5. Why did Trump change his stance on TikTok from wanting to ban it to going all-out to save it? Why Trump wants to save TikTok
22.03 / 03:09
ByteDance
TikTok
President
country
information
Videos
AI startup Perplexity confirms interest to buy TikTok
Perplexity on Friday expressed its interest in buying TikTok, which faces a deadline to divest from its Chinese owner or be banned in the United States. Perplexity in a blog post laid out a vision for integrating its AI-powered internet search capabilities with the popular video-snippet sharing app. «Combining Perplexity's answer engine with TikTok's extensive video library would allow us to build the best search experience in the world,» the San Francisco-based firm reasoned.
17.03 / 07:17
UPS
Digital
Google
economy
ByteDance
TikTok
Thailand approves $2.7 billion of investments in data centres and cloud services
The projects include data centres from China's Beijing Haoyang Cloud&Data Technology, Singapore-based Empyrion Digital, and Thai company, GSA Data Center 02, it said. Beijing Haoyang's plan in Thailand includes a 300 megawatt data centre, valued at 72.7 billion baht, while the Thai firm has proposed a 13.5 billion baht investment for a 35 MW data centre.
26.02 / 20:17
markets
Reuters
ByteDance
NVIDIA
Healthcare
country
reports
Market panic fizzles as DeepSeek fuels even greater demand for Nvidia chips, company's H20 chips fly off shelves in China as AI breakthrough ignites demand
H20 AI chips as DeepSeek's cost-efficient and affordable AI models have led to an increase in demand for these chips, reported Reuters.
25.02 / 02:53
21.02 / 13:19
markets
Google
Apple
ByteDance
TikTok
social
reports
China apps fade in US as TikTok returns on Apple, Google app stores
ByteDance's TikTok is back on US mobile phones, spelling bad news for Chinese companies. Since its relisting on Apple's App Store and Google Play five days ago, downloads of Chinese apps like Xiaohongshu have plummeted 91%, according to Sensor Tower data reported by Bloomberg.
09.02 / 10:29
09.02 / 04:33
markets
security
Election
ByteDance
TikTok
President
Videos
Billionaire Elon Musk says not interested in acquiring TikTok
Elon Musk said that he was not interested in purchasing TikTok, the popular short-video app that the United States has been trying to ban over national security concerns with its Chinese owner ByteDance.
08.02 / 19:37
05.02 / 18:33
markets
ByteDance
TikTok
Trade
President
Experts
social
Amid tariffs war, AI and chip exports could drive US-China ties
Donald Trump’s tariffs against China may be a precursor to a trade deal between the two countries. The Trump administration’s position on artificial intelligence and semiconductor export controls will be key to any negotiations with China.
05.02 / 17:17
27.01 / 13:27
UPS
CEO
Platform
ByteDance
TikTok
reports
Courts
New bid for TikTok from Perplexity AI could give US government 50% stake
Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter
26.01 / 01:53
markets
Provident
Strategy
Software
ByteDance
TikTok
reports
White House in talks to have Oracle, US investors take over TikTok, NPR reports
TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app's global operations, National Public Radio reported on Saturday.
22.01 / 18:23
22.01 / 14:05
Platform
security
ByteDance
TikTok
President
Justice
Department
Trump's executive order gives TikTok a reprieve. What happens next?
President Donald Trump has directed his Justice Department to pause enforcement of the TikTok ban until early April
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