“Drink hot water” has become an unlikely life philosophy on TikTok, as countless users track their journey towards “being” or “becoming Chinese”. All of this is part of a broader social media trend ...
TikTok is now majority-owned by a group of U.S.-backed investors, including Oracle, Silver Lake, and MGX. The app's former owner, Chinese company ByteDance, retains a ...
March 13 (Reuters) - President Donald Trump's administration is set to receive a roughly $10 billion fee from investors in the recently completed deal to take control of TikTok's U.S. business, the ...
BEIJING – ByteDance co-founder Zhang Yiming surpassed Indian billionaire Mukesh Ambani to become Asia’s second-richest person after a rise in the Chinese technology giant’s valuation and further ...
This week, in the wake of widespread confusion about Trump's tariffs on China, a certain kind of video started going viral on TikTok, and then on other corners of the internet. What is it? Why, it's ...
Sept 25 (Reuters) - A group of three investors, including Oracle (ORCL.N), opens new tab and private-equity firm Silver Lake, will take a roughly 50% stake in TikTok U.S., a source familiar with the ...
The new Pew report also found that two-thirds of teens said they had used an A.I. chatbot. By Catherine Pearson Most American teenagers use YouTube and TikTok daily, according to a report released ...
Social media apps have long been accused of being harmful to children. Now those claims will come before a jury for the first time in a trial kicking off Tuesday in a Los Angeles courtroom. A key ...
You don’t need to be a tech mogul to watch “The Audacity,” the new AMC drama that tells the story of a Silicon Valley guru who must navigate his way around a consumer data scandal. But if you want to ...
Alphabet's Google, Meta Platforms , Microsoft , Twitter, TikTok and other tech giants should use EU online content rules that apply to them this Friday to restore trust and safety in their platforms, EU industry chief Thierry Breton said on Wednesday.
Short-video apps owner Kuaishou said on Friday that its co-founder Su Hua was stepping down as chief executive with immediate effect and would be succeeded by the company's other founder Cheng Yixiao.
Seres Group-backed Saidou Technology on Tuesday launched its AIVA artificial intelligence auto brand, partnering with ByteDance on smart cockpit technology as it seeks a foothold in China's crowded electric vehicle mass-market.
Investment firm Granite Asia has set up a joint venture with Japanese private equity firm Integral to invest in Japanese tech startups and support foreign tech firms' expansion into the Japanese market, it said in a release on Monday.
Ireland's data regulator on Friday said it had opened an investigation into social media platform X over the use of personal data collected from European Union users to train its AI system Grok.
Sony Music has sued the University of Southern California in New York federal court for allegedly using more than 170 of the label's songs in videos promoting the school's athletics program without permission.
Billionaire Leon Cooperman, hedge fund Lone Pine Capital, and mutual fund manager Polen Capital were among firms that greatly reduced their positions in Facebook-parent Meta Platforms Inc in the quarter that ended Dec. 31, potentially protecting them from some losses during the company's record one-day plunge in Feb, according to securities filings released on Monday.
Facebook-owner Meta is appealing Britain's ruling that it must sell animated images platform Giphy, saying the evidence does not support the finding that the deal is a threat to its rivals or could impact competition in display advertising.
A fake screenshot made to resemble a LinkedIn job listing for a CEO position at UnitedHealthcare, shared online days after the company's chief executive was killed by a gunman in New York, was mistaken by some social media users as authentic.
Universal Music Group (UMG) reported better than expected first quarter sales on Tuesday, driven by 20% growth in subscription and streaming revenue.
Six environmental groups filed a lawsuit on Tuesday over the Biden administration's approval of ConocoPhillips' Willow oil and gas project in Alaska, which they claimed could be a stepping stone to more development in an ecologically sensitive region.
Schibsted , Allegro and more than 20 other small European companies and industry groups on Tuesday urged Big Tech to seek their input into how it plans to comply with new EU rules aimed at creating more competition ahead of a March deadline.
Facebook Inc (FB.O) ads chief Carolyn Everson is leaving the company, she said in a post on the social media platform on Wednesday.
Chinese chip design startup Moore Threads agreed a capital raise that brought its valuation to roughly 25 billion yuan ($3.449 billion) shortly before it was hit by U.S. export controls, two sources familiar with the matter said.
China's mid-year "618" shopping festival, once a showcase for the country's booming e-commerce sector, has drawn to a fanfare-free close as prolonged discounts and cautious households blunt the impact of one of the world's largest retail events.
Carlberg’s new boss may struggle to maintain its newfound fizz. The $21 billion Danish brewer revealed on Tuesday that Chief Executive Cees 't Hart will retire after eight years at the helm. He boosted growth and cut costs, allowing the maker of Kronenbourg 1664 to raise its operating profit margin by some 3 percentage points between 2015 and 2022. The company now trades at nearly 11 times its expected EBITDA for 2023 according to Refinitiv data, a premium to arch rival Heineken .
Estee Lauder on Friday raised its annual profit forecast and laid out plans to cut up to 3,000 more jobs globally as it accelerates a broader restructuring, sending its shares up about 11% in premarket trading.
Spain's parliament will investigate Meta for possible privacy violations of its Facebook and Instagram users, Spanish Prime Minister Pedro Sanchez said on Wednesday.
China's Ministry of Commerce on Saturday published new rules for countering "unjustified" laws and restrictions imposed by foreign countries on Chinese companies and citizens, as economic relations between Beijing and Washington deteriorate.
Chinese-founded fast-fashion company Shein will have to comply with tough new EU online content rules after its user numbers soared above a key benchmark, joining a score of other Big Tech companies already subject to the rules, the European Commission said on Friday.