Chinese tech giants are slashing prices on artificial intelligence (AI) models, and Silicon Valley is feeling the heat. The fierce competition, initially triggered by companies like Baidu in China, is reshaping the global AI landscape. As prices plummet, businesses worldwide could gain unprecedented access to...
China’s leading technology companies are swiftly incorporating artificial intelligence (AI) into their services, a move that’s transforming how millions interact, learn and work online. Integrating AI, particularly in social media, education and workplace tools, significantly shifts China’s digital economy. As Baidu, Tencent, ByteDance and Alibaba...
Apple is reportedly pressuring the makers of China’s most popular apps — WeChat and Douyin — to stop allowing in-app creators to steer users to payment systems outside the Apple platform. The iPhone maker has threatened to reject updates to WeChat from Tencent Holdings and...
The U.S. House Energy and Commerce Committee reportedly voted Thursday (July 11) to give the Justice Department a transcript of a closed-door hearing about threats posed by TikTok. The release of the transcript is meant to help the Justice Department defend a law that requires TikTok’s China-based owner, ByteDance,...
April 24, 2024
The clock is running out on TikTok’s U.S. ambitions. President Joe Biden on Wednesday (April 24) signed a bipartisan measure that gives TikTok’s owner, Chinese tech giant ByteDance, nine months to a year to sell the video-sharing social media platform or see it banned in the U.S. Biden’s action followed the measure’s passage in the […]
September 14, 2020
Oracle appeared to win the TikTok “sale or no sale” negotiations Sunday night, as several sources reported it had been chosen over Microsoft for U.S. control of the controversial social...
September 24, 2024
TikTok says its streaming music service won’t be around for much longer. “We are sorry to inform you that TikTok Music will be closing on 28 November 2024,” the video sharing media platform said in a post on its website. “We would like to thank you for all of your support, and we hope you […]
August 02, 2024
Apple is reportedly pressuring the makers of China’s most popular apps — WeChat and Douyin — to stop allowing in-app creators to steer users to payment systems outside the Apple...
July 11, 2024
The U.S. House Energy and Commerce Committee reportedly voted Thursday (July 11) to give the Justice Department a transcript of a closed-door hearing about threats posed by TikTok. The release of the transcript...
June 25, 2024
Last year was a rough one for the tech industry, which lost 260,000-plus jobs. Halfway into 2024, the sector has already cut 99,672 positions, Seeking Alpha reported Monday (June 24), citing...
