TikTok ByteDance

Nvidia Corp (NASDAQ: NVDA), a key player in the AI chip market, is grappling with the repercussions of U.S. regulations that have barred the sale of its high-performance AI chips to China since October.  These regulations have led Nvidia to design a new lineup of lower-...

Alibaba Group Holding Limited (NYSE: BABA), alongside other Chinese-owned e-commerce platforms like ByteDance Ltd owned TikTok, PDD Holdings Inc (NASDAQ: PDD) Temu, and Shein, is under scrutiny by U.S. lawmakers for data privacy practices and its relationship...

Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) is intensifying its efforts to expand globally, competing with rapidly growing platforms like Shein and PDD Holdings Inc (NASDAQ: PDD) Temu.  The company's cross-border wholesale platform, Alibaba...

ByteDance Ltd's TikTok is attempting to outdo Amazon.Com Inc (NASDAQ: AMZN) at its own game by transforming into a burgeoning hub for e-commerce.  Earlier this year, Scott McIntosh got an invitation to promote his phone/cup holder on TikTok, which has quickly become a...

Meta Platforms Inc's (NASDAQ: META) rival TikTok parent ByteDance Ltd is proposing a buyback of up to $5 billion from investors.  This new offer is set at $160 per share, mirroring the price offered to employees in November, and is valued about 11% lower than...

TikTok parent ByteDance is reportedly scaling back its gaming department, Nuverse, after two years of underwhelming performance. ByteDance's spokesperson stated that the company is restructuring its gaming business to focus on long-term strategic growth areas, TechCrunch ...

Alibaba Group Holding Limited (NYSE: BABA) stock is trading lower Tuesday while rival ByteDance, the parent company of TikTok and Douyin, has shown remarkable growth in the second quarter of 2023, with a reported revenue surge of 40% to $29 billion, overshadowing its rivals...

Microsoft Corp (NASDAQ: MSFT) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google have decided not to contest a European Union regulation that mandates them to simplify the process for users to switch between rival services, including social media platforms and...

The impact of the latest U.S. embargo on China regarding AI technology triggered a selloff in Nvidia Corp (NASDAQ: NVDA) stock Tuesday.  China's leading AI and cloud-computing companies, like Alibaba Group Holding Limited (NYSE: BABA), and TikTok parent...

Alibaba Group Holding Limited (NYSE: BABA) stock is trading lower Tuesday amid reports indicating its struggle to win the e-commerce war this holiday season and the updating of its artificial intelligence (AI) model Tongyi Qianwen.  Meanwhile, Nvidia Corp (NASDAQ: NVDA) is...

Meta Platforms Inc (NASDAQ: META), TikTok, and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube are keen to apply for e-commerce licenses in Indonesia after the country banned online shopping on social media platforms. Indonesia's...

ByteDance Ltd's TikTok is testing introducing a subscription service that would offer users an almost ad-free experience, as revealed by a code within the app reported by Android Authority.  For a monthly fee of $4.99, subscribers could enjoy their favorite short-form videos without...

In the recent past, billionaire investor Mark Cuban has come under scrutiny for his financial advice shared on TikTok, leading to a wave of criticism from the app’s users. What Happened: According to a report by Insider on Tuesday, Cuban’s TikTok presence resurfaced after his initial...

TikTok, the popular social media app, has officially launched its e-commerce venture in the U.S. following months of testing.  This strategic move by ByteDance aims to tap into the immense popularity of TikTok and leverage it for online shopping. Meanwhile, Amazon.com Inc (NASDAQ:...

Spotify Technology S.A. (NYSE: SPOT) could be up for a rough ride as ByteDance Ltd-owned short-video company TikTok shared plans to launch a new music streaming service in Brazil and Indonesia. Previously ByteDance said it would stop its existing music streaming...