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The Latest Breaking News from ByteDance

Shanghai Composite Index Fell 1.03% on Wednesday

Shenzhen Component Index closed down 1.41%

Caixin Global

TikTok the First Non-Game App to Hit $10 Billion User Spending Milestone

Video-sharing platform on track to be highest earning mobile app ever with revenue topping $14.6 billion in 2024

Caixin Global

China's ByteDance Accused Of Using UK News Sites To Train Its ChatGPT Rival

Publishers have raised concerns about the problem they face when it comes to blocking ByteDance's AI bot called Bytespider.

International Business Times UK

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TikTok maker ByteDance scraps VR headset in favor of high-end Apple Vision Pro rival

A new report says ByteDance-owned PICO is ditching its Meta Quest rival in pursuit of the Apple Vision Pro.

iMore

Digital platforms like TikTok could help China extend its censorship regime across borders

China’s drive to expand its influence through soft power mechanisms like censorship is coming into sharper focus, especially under Xi Jinping’s leadership. Recently, the social media app TikTok has become a prominent symbol of this global strategy.

The Conversation

TikTok is spending $1.5 billion on a joint venture to solve the problem of Indonesia's surprise social media shopping ban

In September, Jakarta banned social media platforms like TikTok and Facebook from offering e-commerce services on their social media platforms.

Fortune

‘We cannot work with both sides’: A major Emirati AI company has picked a side in the U.S.-China tech war

“We need to be very cautious,” G42’s CEO said after U.S. intelligence officials raised concerns over the firm’s ties to Chinese technology companies.

Fortune

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TikTok ban struck down in Montana

The ban have seen Montana become the first US state to ban TikTok

The Independent UK

Federal judge blocks Montana's TikTok ban before it takes effect

The law is seen an important test case. More than a dozen other states are weighing similar bans of the wildly popular video-streaming app, which is owned by a Chinese tech company.

WEKU

Pico lost the first battle, but it could still win the VR war

More competition is always good for consumers, so why haven't we seen some real competition for the incredibly successful Meta Quest platform?

Android Central

Marvel Snap reassures players it will 'continue to operate' despite closure of publisher Nuverse as TikTok parent ByteDance looks to exit gaming

ByteDance's move into mainstream gaming has come to an unhappy end.

PC Gamer

Marvel Snap publisher faces reports of shutdown, dev assures players the card game will "continue to operate"

GamesRadar

TikTok's Owner Cuts Hundred Of Jobs In Gaming Unit: Reports

The Chinese tech giant is scaling back its Nuverse unit, Reuters and CNBC reported.

International Business Times

Marvel Snap will ‘continue to operate and flourish’ as publisher Nuverse faces restructure

Marvel Snap publisher Nuverse is facing restructure after a review at its parent company ByteDance.

TechRadar

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Tom’s Hardware

TikTok parent company used AI to optimize Linux kernel, boosting performance and efficiency

TikTok developer ByteDance used AI and machine learning to optimize the Linux kernel, improving it in a variety of areas.

Android Central

VR news of the week: Quest 3 Lite, Pico woes, SteamVR Theater, and a stacked November

Everything you need to know about the world of VR this week, including Meta's plans to steal Pico's Chinese market, AAA game releases in November, and a cool new SteamVR trick.

Android Central

The Meta Quest 3 Lite could cause big problems for Pico in China

Meta and Tencent have reached a provisional deal to bring Meta Quest VR headsets to China, and the first major product could be the Quest 3 Lite.

Radio France Internationale

EU opens probe into TikTok, YouTube and Google over child protection

The EU announced investigations on Thursday into YouTube and TikTok to find out what action the US and Chinese-owned platforms are taking to ensure the safety of minors.

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Zenger

Nvidia Faces Billions In Revenue Loss As U.S. Bans Chip Exports To China

China's biggest tech firms, including Alibaba and ByteDance, cancel AI chip orders worth $5 billion

The Guardian - US

‘Your argument just confuses me’: judge questions Montana TikTok ban

Federal judge seems to side with ACLU and Electronic Frontier Foundation that ban is unenforceable and unconstitutional

Fortune

With $7, TikTok users are running ads that shape TikTok's Israel-Palestine searches

For as little as $7, TikTok users can inject themselves into the conversation on hot-button topics, providing a low cost pathway to spread propaganda and biased info.

Fortune

New rules from Jakarta are dealing a blow to TikTok's e-commerce dreams

The social media giant TikTok puts a pause on TikTok Shop, its online retail operation, in Indonesia to comply with new government restrictions.

The Guardian - UK

TikTok has matchmaking service for staff to play cupid for co-workers

Meet Cute on company’s intranet allows employees to advertise family and acquaintances to colleagues

The Independent UK

EU targets Apple, Amazon, Alphabet, ByteDance, Meta, Microsoft in next phase of digital crackdown

The European Union is targeting Apple, Amazon, Microsoft, Google parent Alphabet, Facebook owner Meta and TikTok parent ByteDance under new digital rules aimed at reining in the market power of online companies

Reason

U.S. Emulates Communist China in New TikTok Draft Agreement

Plus: Americans vote too much, Indiana abortion ban to take effect, and more...

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