ByteDance

Billionaire Elon Musk became the first person in the world to have a wealth of more than $400 billion, an accomplishment that came following the 2024 presidential election. Musk wasn't the only billionaire to see their wealth grow dramatically in 2024. Here's a look at the top 10 richest people in...

ByteDance, the Chinese tech powerhouse behind TikTok and Douyin, is charging ahead in the AI race, and it’s doing so with a very big chip on its shoulder—or rather, chips. In a bold move to expand its artificial intelligence (AI) footprint, the company is set to spend up to $7 billion in...

President-elect Donald Trump tried to ban TikTok during his first presidential term but is now open to keeping the social media app around ahead of a pending January ban. What Happened: Similar to a reversal of opinion on cryptocurrency, Trump has had a change of heart about banning TikTok from the...

Apple Inc. (NASDAQ:AAPL) is reportedly engaging in discussions with Tencent (OTC:TCEHY) and TikTok’s parent company, ByteDance, to integrate their AI models into iPhones sold in China. What Happened: The U.S. tech giant began incorporating OpenAI’s ChatGPT...

Entrepreneur and investor Mark Cuban has been an outspoken critic of Elon Musk and the X social media platform. In a recent interview, Cuban shares what sets Bluesky apart from X and why he's spending more time there. Why Cuban Loves Bluesky: Alternate platforms to X, formerly known as Twitter,...

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

The S&P 500 and the Nasdaq 100 are set to log their third consecutive week of gains. The Nasdaq 100, in particular, is tracking its strongest weekly performance in a month, underscoring investor enthusiasm for tech stocks and the growing likelihood of lower interest rates. Meanwhile, the Dow...

ByteDance, the parent company of the globally popular app TikTok, has set its valuation at a whopping $300 billion. This marks one of the highest valuations the company has seen to date. What Happened: ByteDance’s valuation was established in a recent share buyback offer. This move indicates...

China’s leading tech firms, Alibaba (NYSE:BABA), ByteDance, and Meituan (OTC:MPNGY) (OTC:MPNGF), are reportedly expanding their AI teams in Silicon Valley. What Happened: These Chinese tech giants have been growing their California-based offices recently, to attract...

The week was buzzing with significant developments in the tech world, with artificial intelligence (AI) at the center of it all. From record-breaking profits driven by AI demand to potential violations of export rules, the tech industry kept us on our toes. Here’s a quick roundup of the top...

Chinese tech giant ByteDance Ltd. has dismissed an intern for allegedly disrupting the training of one of its artificial intelligence models. What Happened: ByteDance, the parent company of popular social media platform TikTok, has reportedly fired an intern for intentionally interfering with the...

Amid the U.S. chip sanctions, Chinese artificial intelligence firms, including 01.ai, Alibaba Group Holding Ltd (NYSE:BABA), and ByteDance, are making strides in reducing AI costs. What Happened: Chinese AI companies, including startups like 01.ai and DeepSeek, and giants like...

Popular social media platform TikTok was aware of the potential harm its algorithm could inflict on minors, according to internal documents that were unintentionally made public. What Happened: The internal documents were exposed during a multi-state investigation into TikTok. Reporters from...

TikTok, owned by ByteDance, is reportedly laying off hundreds of employees, with significant reductions in Malaysia. This move aligns with the company’s strategy to enhance AI-based content moderation. What Happened: Sources cited by Reuters initially reported over 700 job cuts in Malaysia,...

ByteDance, the company behind TikTok, has introduced a powerful web scraper named “Bytespider.” Launched in April, Bytespider is recognized as one of the most aggressive data collectors online, outpacing other major tech firms significantly in terms of data collection speed. What...