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The Latest Breaking News from ByteDance

Meta bans TikTok ads on its platforms in US

Meta has implemented an immediate ban on advertisements from ByteDance across its platforms in multiple countries. This decision affects various locations including the US, Canada, and Japan. The ban also targets related third-party advertisements referencing TikTok and other ByteDance services. In response to this rivalry, Meta asserts that it will…

The Economic Times · Oct 9

Meet 10 finance leaders on Fortune’s Most Powerful Women Asia list

Meet 10 finance leaders on Fortune’s Most Powerful Women Asia list

Finance chiefs at Huawei, ByteDance, and Sony are among the executives recognized in the 2026 ranking.

Fortune · Oct 7

Will AI kill the Asian entertainment industry, or reinvent it?

Will AI kill the Asian entertainment industry, or reinvent it?

Studios in China are turning to models from ByteDance and Kling to generate 100-minute short dramas for less than $3000.

Fortune · Oct 7

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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

'No Stupid Dancing': Why Is TikTok Banned in China Even Though It's Chinese? Italy's Defence Minister Asks

Italy's Defence Minister Guido Crosetto questioned the different social media environments faced by children in China and the West, prompting debate over TikTok, Douyin and online regulation.

International Business Times UK · Sep 21

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Billionaire TikTok founder is now the richest person in all of Asia, with a $105 billion net worth—he's gained $92 billion since 2019 thanks to AI

Billionaire TikTok founder is now the richest person in all of Asia, with a $105 billion net worth—he's gained $92 billion since 2019 thanks to AI

Zhang Yiming, the founder of TikTok parent company ByteDance, is Asia’s richest person—his net worth skyrocketed $12 billion this month alone.

Fortune · Sep 17

Business Brief (Sept. 17): U.S. Fed Hikes Rates for First Time in Three Years

Business Brief (Sept. 17): U.S. Fed Hikes Rates for First Time in Three Years

ByteDance founder Zhang Yiming becomes Asia’s richest person

Caixin Global · Sep 17

TikTok founder Zhang Yiming overtakes Gautam Adani as Asia’s richest

TikTok founder Zhang Yiming overtakes Gautam Adani as Asia’s richest

ByteDance founder Zhang Yiming now leads Asia's wealthiest individuals. His fortune has surpassed Gautam Adani's due to the booming artificial intelligence sector. Zhang's wealth has significantly increased, driven by ByteDance's AI ventures and TikTok's global reach. This rise highlights the growing influence of AI-driven companies over traditional industries. China's continued…

The Economic Times · Sep 16

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

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 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

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

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

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Euronews · 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.

Clever Dude · Aug 24

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.

Latin Times · Aug 22

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.

Bangkok Post · Aug 21

TikTok to pay $400 mn settlement in US children's privacy case

SAN FRANCISCO (UNITED STATES) - TikTok and parent company ByteDance have agreed to pay $400 million to settle a lawsuit with the US Department of Justice over claims that the video-sharing platform violated federal children's privacy laws, the department announced on Friday.

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Tom’s Hardware · Aug 19

First Nvidia H200 shipments reach China, ByteDance and Tencent take deliveries as Beijing loosens its import block — most licensed chips must stay in Hong Kong, which can't power them

Beijing wants most of each company's U.S.-licensed allowance, which the FT puts at up to 100,000 units apiece, kept off the mainland.

The Independent UK · Aug 15

Trump Cabinet member roasted for awkward TikTok video: ‘Walks like the aliens’

The Small Business Administration is one of several government agencies to launch TikTok accounts after the app was cleared for use by federal employees

The Economic Times · Aug 13

Microsoft retreats in China, but AI boom helps it keep a window open

The year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks. That decision was lauded by democracy activists, but not Bill Gates and Microsoft's then-CEO Steve Ballmer, who suggested Google was overreacting. In the past five years, however, at least 15 Microsoft branch offices…

TechRadar · Aug 12

‘TikTok may be used on government devices’: Trump administration removes TikTok ban on government phones, so employees are now free to doomscroll once again

The US government has lifted the ban on TikTok being installed on government devices.

The Independent UK · Aug 12

Federal employees get the OK to use TikTok again after ban on government phones

Members of Congress are still banned from keeping the app on their phones

The Economic Times · Aug 12

What's the latest in the trials over claims social media is hurting children?

The social media companies have denied allegations that their products have contributed to depression, anxiety, body-image issues and a broader youth mental health crisis, saying they take action to protect the youngest users on their platforms. The companies have also argued Section 230 of the Communications Decency Act shields them…

The Economic Times · Aug 12

Meta, YouTube, TikTok face thousands of lawsuits in the US over kids’ mental health: What we know

Major social media firms face thousands of lawsuits across the United States. These legal actions allege platforms are designed to addict young users and harm mental health. Nearly every US state and over a thousand school districts have filed these complaints. Individual cases and bellwether trials are testing company responsibility…

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