TikTok has launched Symphony Creative Studios, a generative AI video creation platform, to global advertisers
BYTEDANCE
According to the latest "Hurun China Rich List" released, ByteDance founder Zhang Yiming has topped the list for the first time.
Adobe has launched its Firefly Video Model to generate videos from text, directly competing with OpenAI, Meta, and ByteDance.
TikTok, alongside its parent company ByteDance, is facing a significant court hearing that may determine the app's future in the U.S..
Despite US export restrictions, Chinese tech companies, like Alibaba and ByteDance are increasing investments in AI infrastructure.
Nepal's government decided to lift a ban imposed on the video-sharing app TikTok on the grounds that it disrupts "social harmony".
TikTok on Thursday rebutted the U.S. government's argument that the popular social media platform is not protected by the First Amendment.
ByteDance is actively in talks with relevant financial institutions in anticipation of refinancing its existing $5bn loan for three years.
ByteDance, the parent company of TikTok, has launched a new AI video app, Jimeng AI, which can generate videos based on text prompts.
U.S. Justice Department contends that TikTok's algorithm could be exploited by the Chinese government to influence U.S. elections.
Despite the potential ban, Trump supports TikTok, as its fate is crucial for the final success in the election.
The US House committee requires to release of a transcript of a closed-door hearing, highlighting TikTok's threats in the US.
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