FORGOTTEN HISTORY: Bytedance - Caught on Camera

ByteDance Could Buy 1 Million Nvidia GPUs — But Don't Bank on It Yet

Nvidia could regain a foothold in China as ByteDance weighs buying 1 million RTX Pro 5500 GPUs. However, the massive order could test the limits of U.S. AI chip export controls.

Barchart · Sep 29

First US trial against TikTok to test claims platform fueled teen mental health crisis

An Alabama jury will hear the state's claims that TikTok and its Chinese parent company ByteDance made the platform addictive to young users and misled consumers about its safety, in the first case against the company to reach trial in the sweeping litigation

The Economic Times · Sep 25

Nscale’s $35 billion IPO is heavily dependent on ByteDance’s access to Nvidia’s chips

Everything you need to know before you reach the office this morning.

Fortune · Sep 23

China's AI chipmakers raise prices as high-bandwidth memory shortage bites

Huawei has lifted the indicated price of its Ascend ​950DT accelerator card, which integrates an AI processor with memory and other components, to above 250,000 yuan ($37,255), two people said.

The Economic Times · Sep 10

ByteDance secures $29.6 billion loan in AI push, sources say

ByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan facility. The funds will primarily support ByteDance's ambitious overseas artificial intelligence expansion plans. This unsecured loan reflects strong lender confidence in the company's creditworthiness. The financing is the second-largest…

The Economic Times · Sep 4

In China, talking to AI is normal. Now the government fears it might replace human intimacy

Companion bots are being regulated over worries they foster ‘emotional dependence’ and young people could stop marrying and having families

The Guardian - UK · Aug 26

Brazil fines TikTok owner ByteDance for unlawful processing of teenagers' data

ANPD said that the local unit of China's ByteDance had processed personal data of teenagers aged 13 to 18 without a valid legal basis. The regulator estimated that, during the period under review, TikTok may have processed the data of at least 8 ‌million children, reflecting ⁠what it ⁠described as…

The Economic Times · Aug 25

Brazil fines TikTok owner over misuse of children's and teenagers' data

According to a report by Brazil's National Data Protection Authority (ANPD), the social network failed to block under-16s and mishandled personal data.

Euronews · Aug 25

TikTok and ByteDance Agree to $400 Million Settlement Over Children’s Privacy Allegations

TikTok and ByteDance have agreed to pay $400 million to resolve a federal lawsuit over allegations that the popular social media platform violated children’s online privacy protections.

Clever Dude · Aug 24

TikTok's $400 Million Privacy Settlement with DOJ: What Actually Changes for Parents

TikTok will pay $400M in a child-privacy case, but parents get no payout. Here's what changed, what's still pending, and what to check today.

Latin Times · Aug 22