AI Mania Makes ByteDance Cofounder Zhang Yiming China’s Richest Person
ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.
ABC 7 Chicago11d
TikTok LIVE sales garnered nearly $2B in just 1 quarter of 2023, new lawsuit shows
The lawsuit against the ByteDance-owned social media giant reveals it made nearly $2 billion globally in sales from TikTok LIVE during just one quarter of 2023. And Bloomberg reports more than $ ...
AOL9d
TikTok owner ByteDance’s value has jumped up - how will it affect the social media app’s sale?
That would value ByteDance at $350bn (£272bn) based on previous valuation methods at different share buyback price points, but with it being a private company there is no gold standard for fixing ...
TechCrunch11d
What to know about TikTok’s uncertain future in the US and the people who want to buy it
His goal is to achieve a 50-50 ownership arrangement between ByteDance and a U.S. company. No definitive deal has been reached yet for the sale of the platform, but we could find out very soon.
TweakTown12d
ByteDance's custom chip made by Broadcom has been canceled, Broadcom to lose $2B to $3B
TL;DR: Broadcom's ByteDance AI accelerator project was canceled ... Survey shows 1 in 5 gamers are fed up with AMD and NVIDIA's new GPUs, no longer want to buy one The post continues, explaining ...