While China has proven its power in ecommerce, the government has broader goals to establish global digital dominance, sparking concerns in the West.
TikTok owner ByteDance is restructuring its artificial intelligence (AI) department after having poached an expert from Google to lead foundation research, according to employees of the Chinese ...
(Bloomberg) -- At least three of Bytedance Ltd.’s major investors have marked up the TikTok-owner’s valuation to more than $400 billion, a sharp rebound for a Chinese social video leader that ...
“We confirmed DeepSeek communicating with ByteDance,” a PIPC official told the news agency. The authority has “yet to confirm what data was transferred and to what extent,” they adde ...
Google veteran Wu Yonghui has been appointed by TikTok’s parent company, ByteDance, to lead AI research. Wu spent around 17 years in Google with roles held in Google Brain while working on ...
"We confirmed DeepSeek communicating with ByteDance," the South Korean data protection regulator told Yonhap News Agency. The country had already removed DeepSeek from app stores over the weekend ...
TikTok, owned by ByteDance, is not publicly traded, limiting direct investment options. Investors can buy shares in KKR or SoftBank, both of which hold ByteDance shares. ByteDance faces regulatory ...