U.S. House of Representatives Speaker Kevin McCarthy said on Sunday lawmakers will move forward with legislation to address national security worries about TikTok, alleging China’s government had access to the short video app’s user data. In the United States, there are growing calls to ban TikTok, owned by China-based company ByteDance, or to pass bipartisan […]
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Hong Kong-listed shares in China’s Baidu rebounded 15.7% on Friday as users told of their experiences with the Ernie bot, recouping losses from a day earlier prompted by the chatbot’s launch, which failed to impress. On Thursday, viewers of the Chinese search engine giant’s presentation panned the company’s lack of a live demonstration and a […]
Beijing’s market regulator recently visited ByteDance’s Douyin video hosting service to look into the company’s livestreaming e-commerce business and discuss how to prevent over-charging, a statement, published on Thursday on the regulator’s official WeChat account, said. The regulator’s visit to Douyin – the Chinese version of TikTok – comes at a time when Beijing has […]
The White House backed legislation introduced on Tuesday by a dozen senators to give the administration new powers to ban Chinese-owned video app TikTok and other foreign-based technologies if they pose national security threats. The endorsement boosts efforts by a number of lawmakers to ban the popular app, which is owned by Chinese company ByteDance […]
The global buzz around Microsoft chatbot ChatGPT has spread to China, shoring up stocks in artificial intelligence (AI) related firms and prompting a flurry of local companies to announce rival projects. Like Microsoft and Google，Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for years. […]
Chinese chip design company Unisoc (Shanghai) Technologies Co is seeking to raise 10 billion yuan ($1.5 billion) in a new funding round that will value the firm at about 70 billion yuan ($10.3 billion), three people with knowledge of the deal told Reuters. Unisoc has approached several state-backed investment funds for the round, tapping increased […]
The global buzz around Microsoft chatbot ChatGPT has spread to China, shoring up stocks in artificial intelligence (AI) related firms and prompting a flurry of local companies to announce rival projects. Like Microsoft and Google, Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for […]
Chinese automaker Seres Group has cut starting prices for its Aito electric cars by 30,000 yuan ($4,460) from Friday, following price cuts by Tesla last week and fuelling expectations of a wider price war. The Aito M5 and M7 electric sports-utility vehicles, which were co-developed by the Chongqing automaker with China’s tech giant Huawei Technologies […]
Elon Musk finalized his takeover of Twitter. Avoiding a legal showdown with the company after Twitter sued him to honor the deal he made. Musk previously tried to back out of the value. But now it is all in the past, and Musk is the owner of Twitter. There are many hints on how Musk […]
Through agreements with record labels, Pinterest is expanding the music selection for its TikTok-like video function. Today, the business unveiled agreements that will let Pinterest users include well-known music in their video posts, or Idea Pins. According to a Pinterest blog post, the partnering record labels are Warner Music Group, Warner Chappell Music, Merlin, and […]