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The Latest Breaking News from ByteDance

Tech Brief (June 24): ByteDance Targets July Launch of Upgraded AI Video Model

China’s Starlink challenger seeks up to $2.2 billion for satellite network push, Tencent tests AI assistant for enterprise platform

ByteDance rolls out paid subscriptions for China's largest AI chatbot

ByteDance rolls out paid subscriptions for China's largest AI chatbot

Chinese tech giant ByteDance has launched paid subscriptions for its popular AI chatbot, Doubao, a move aimed at monetizing its vast user base. Doubao, boasting over 300 million monthly users, now offers a professional version with enhanced features like file organisation and website development, differentiating it from free rivals.

The Economic Times

Qualcomm in talks to provide custom chip-design services to ByteDance

Qualcomm in talks to provide custom chip-design services to ByteDance

US chip giant Qualcomm is reportedly in talks with Chinese tech behemoth ByteDance, parent of TikTok, to design custom chips. This move signals Qualcomm's bid to diversify beyond its core smartphone market and highlights continued US-China tech business engagement despite geopolitical tensions. The potential deal could involve video processing units,…

The Economic Times

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Google's YouTube settles case over social media harm to children

The terms of the settlement of the state court lawsuit were confidential, the lawyers said on Tuesday. The suit named four defendants - YouTube, Meta's Instagram, Snap Inc's Snapchat and ByteDance's TikTok - and the remaining three companies are still set to face trial in July.

The Economic Times

Microsoft makes big AI inroads in China by selling OpenAI models

Microsoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and AI services. Despite US-China AI rivalry and concerns from competitors like OpenAI, Microsoft continues to sell AI models to major Chinese tech firms, fueling rapid revenue growth in the…

The Economic Times

Florida sues TikTok, claiming it violates state child safety law

The lawsuit seeks a court order directing the platform, which is owned by ByteDance, to make changes to bring it into compliance with the law, as well as financial damages, according to the filing.

The Economic Times

ByteDance in talks with China's Iluvatar CoreX to purchase AI chips

ByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology from Iluvatar CoreX and Baidu. This strategic move is largely focused on securing in-house chip supplies essential for running complex inference tasks. Should this partnership materialize, Iluvatar CoreX may join the…

The Economic Times

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Nvidia begins Vera CPU sales pitch to Chinese clients, sources say

Nvidia begins Vera CPU sales pitch to Chinese clients, sources say

The outreach underscores how the world's most valuable company is quickly pivoting to the new product to revive its rapidly declining fortunes in China, as shipments of its second-most powerful AI chip, the H200, to the country have stalled for months.

The Economic Times

Seres-backed Saidou launches smart EV brand, partners with ByteDance

Saidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDance for smart cockpit technology. This move aims to establish a presence in China's competitive electric vehicle mass market. AIVA's first mass-production model is expected within the year.

The Economic Times

Business Brief (June 8): China Approves Five-Year Employment Plan

Business Brief (June 8): China Approves Five-Year Employment Plan

Dreame reportedly under government inspection, ByteDance says it has no plans to manufacture cars

TikTok Billionaire Zhang Yiming's Net Worth Soars Past Mukesh Ambani's — See Who Still Leads Asia

TikTok Billionaire Zhang Yiming's Net Worth Soars Past Mukesh Ambani's — See Who Still Leads Asia

Zhang Yiming, co-founder of TikTok's parent ByteDance, becomes Asia's second-richest after a valuation boost to £69.1B. See how AI and strategic investments reshaped wealth rankings.

International Business Times UK

TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest person

TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest person

Zhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index. The ByteDance cofounder’s fortune swelled more than sevenfold since Bloomberg started tracking his wealth in March 2019, when he was worth $13 billion.

The Economic Times

QUALCOMM Stock: Is QCOM Outperforming the Technology Sector?

QUALCOMM has considerably outperformed its sector peers recently, yet analysts remain cautious about the stock’s prospects.

Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records show

Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records show

Meta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier settlements by co-defendants Snap Inc , YouTube parent Alphabet and TikTok parent ByteDance. Terms of the deals ‌had not been disclosed ⁠in court.

The Economic Times

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Tom’s Hardware

TikTok owner ByteDance is reportedly developing its own custom AI CPUs — company looks to ease China's dependence on US chipmakers

TikTok owner Bytedance reportedly developing its own custom CPUs in a bid to reduce costs and dependence from US chipmakers

Qualcomm Stock Just Hit New Record Highs. Investors Can Thank a ByteDance Deal.

Qualcomm’s AI ambitions just got a major validation as a blockbuster ByteDance deal sends the smartphone chip giant to fresh record highs.

ByteDance has had enough of waiting months for processors, so it's going to make them itself

'No AMD or Intel makes ByteDance go something, something.'

Qualcomm Stock Soared 67% in a Month. Why You Should Consider Taking Profits Now.

Qualcomm stock has soared, driven by its expanded partnership with Stellantis and emerging opportunities in AI-focused data center infrastructure.

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Qualcomm's TikTok AI Chip Deal Rewrites the Rules

Qualcomm secures a custom chip order from ByteDance to power artificial intelligence workloads, signaling a major shift toward data center dominance.

International Business Times

Qualcomm Lands Major AI Chip Supply Deal With TikTok Owner ByteDance

Qualcomm has secured a deal to supply artificial intelligence chips for data centers operated by ByteDance, the Chinese technology company behind TikTok.

Qualcomm Is Teaming Up With ByteDance. What It Means for QCOM Stock

Qualcomm shares gain on reports of a landmark AI chip deal with TikTok-parent ByteDance. Here’s what the reported agreement really means for QCOM stock in 2026.

Tom’s Hardware

Russia's Sberbank wants Chinese chips for its GigaChat AI in the face of Western sanctions — faces a long wait behind ByteDance and Alibaba

CEO German Gref didn’t specify which Chinese chips Sberbank is interested in, but the most likely candidate is Huawei's Ascend 950 family.

International Business Times UK

'Catch Me in Traffic': UK Teenagers Flaunt Stolen Motorbikes on TikTok While Victims Watch Helplessly

A BBC investigation uncovers how TikTok is used by teenage thieves in the UK to flaunt stolen motorcycles, leaving victims frustrated and helpless as police struggle to take effective action.

Business Brief (May 15): Putin Set to Visit China

Brazil resumes tax exemptions on low-value imports, ByteDance invests in robotics startup

The Economic Times

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough

Despite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, facilitated by President Trump, aims to resolve this deadlock, highlighting the complex US-China tech rivalry impacting even approved trade.

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