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The Latest Breaking News from ByteDance

The US says a deal has been reached on TikTok, but details are sparse

A framework deal has been reached for the ownership of popular social video platform TikTok, U.S. Treasury Secretary Scott Bessent said after weekend trade talks between the U.S. and China in Spain

The Independent UK

US and China reach deal to transfer TikTok ownership, trade officials say

Framework deal is breakthrough in long-running dispute over app’s ownership amid security concerns in Washington

The Guardian - US

Trump signals he may extend TikTok deadline again as US-China talks resume in Spain

Future of video app hangs in balance while Beijing and Washington remain locked in trade disputes

The Independent UK

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Trump Poised To Delay TikTok Deadline Again Amid US–China Tension: 'We May Let It Die'

President Donald Trump is expected to grant another extension on the TikTok divestment deadline, as ByteDance, the Chinese tech giant behind the app, strengthens its financial footing with soaring revenue and a $330 billion valuation.

Benzinga

Step aside Nano Banana, Seedream 4.0 is the best AI image generator I’ve ever seen - and it’s terrifying

Seedream 4.0 is so good that I can't even tell these images are AI-generated.

TechRadar

TikTok Faces Criminal Probe In France After Lawmaker Says Platform 'Endangered Lives' Of Minors

A French parliamentary committee chairman has requested criminal charges against TikTok, alleging the platform “deliberately endangered” minors’ lives.

Benzinga

Scott Bessent Heads To Madrid For High-Stakes Talks With China As TikTok Deadline Looms, Tariff Pressures Escalate

Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifeng and senior officials in Madrid next week, marking their fourth round of in-person talks this year amid unresolved disputes over tariffs, agriculture and the looming TikTok deadline.

Benzinga

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Nvidia's biggest customers are lining up to take it down using ASICs and Broadcom could be the winner of that battle

Broadcom secures fourth custom XPU client, believed to be OpenAI, joining Meta, Google and ByteDance in turning to ASICs to reduce reliance on Nvidia GPUs.

TechRadar

Chinese Companies Still Want Nvidia Chips. Does That Make NVDA Stock a Buy Here Below $180?

Despite Beijing’s push for domestic alternatives, Chinese tech giants like Alibaba and ByteDance remain eager for Nvidia chips, raising the question of whether NVDA stock is a buy below $180.

Barchart

Chinese Regulators Question Nvidia Orders But Alibaba And ByteDance Keep Buying

Alibaba Group (NYSE:BABA), ByteDance, and other major Chinese technology firms are continuing to seek out Nvidia's (NASDAQ:NVDA) artificial intelligence chips despite Beijing's growing pressure to adopt domestic alternatives.

Benzinga

Alibaba, ByteDance Defy Beijing Warnings As Chinese Tech Titans Race To Secure Nvidia's $12,000 H20 Chips, Eye Next-Gen B30A At Double The Price

Chinese tech giants are pushing ahead with Nvidia Corp. (NASDAQ:NVDA) purchases even as regulators in Beijing caution them against heavy reliance on U.S. chips.

Benzinga

Alibaba Chip Challenges Nvidia, Trump Warns China, TikTok Tops Meta — Tech This Week

The tech world was buzzing this past weekend with a series of intriguing developments. From Alibaba Group’s bold move to reduce reliance on Nvidia Corporation, to President Donald Trump’s stern warning to tech giants and ByteDance’s surprising valuation surge, the weekend was anything but dull. Here’s a quick recap of…

Benzinga

TikTok Parent Overtakes Meta In Revenue, Valuation Soars To $330 Billion Despite US Sale Pressure, Ban Threats: Report

ByteDance, the Chinese tech giant behind TikTok, is reportedly preparing a new employee share buyback program that will value the company at more than $330 billion, even as it faces intense political scrutiny in the U.S. and pressure to divest TikTok's U.S. operations.

Benzinga

TikTok accused of ‘union-busting’ after laying off hundreds of staff

Exclusive: TikTok’s owner has pulled its support for a staff ballot on unionising its London-based content moderation workforce

The Independent UK

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Benzinga

DeepSeek's New AI Model Sparks Rally In Chinese Tech And EV Stocks As Nvidia Retreats

Chinese tech and EV stocks surged Friday after AI startup DeepSeek unveiled its upgraded V3.1 AI model designed to run on domestic chips, igniting optimism around Beijing’s drive for AI independence just as Nvidia (NASDAQ:NVDA) halted production of its China-only H20 chip.

Benzinga

Elon Musk's Tesla To Offer Grok, ChatGPT Rival DeepSeek, ByteDance's Doubao With Its Cars In China

Tesla Inc. (NASDAQ:TSLA) will offer Grok and ChatGPT's Chinese rival DeepSeek AI, as well as ByteDance Ltd's Doubao AI, on its lineup in the country amid Elon Musk's row against OpenAI.

Euronews

Nvidia reportedly orders suppliers to stop work on China AI chip but says new chip in the works

China reportedly told local tech companies to stop buying Nvidia's chips due to alleged security concerns, as the global AI race intensifies.

Reason

N.C. Trial Court Rejects First Amendment Defense to "Addictive Design" Claim Against Tiktok

From State ex rel. Jackson v. TikTok Inc., decided Tuesday by Judge Adam Conrad; I'm skeptical about the analysis, for… The post N.C. Trial Court Rejects First Amendment Defense to "Addictive Design" Claim Against Tiktok appeared first on Reason.com.

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Benzinga

TikTok Parent ByteDance Takes Aim At Alibaba, DeepSeek With New Open-Source AI Model

ByteDance released a new open-source AI model on Wednesday, aiming to challenge rivals Alibaba (NYSE:BABA) Cloud and DeepSeek in the global market.

Benzinga

Howard Lutnick's 'Insulting' Words Trigger Backlash In Beijing As Regulators Pressure Alibaba, ByteDance To Shun Nvidia Chips: Report

Beijing has reportedly moved to curb sales of Nvidia Corporation's (NASDAQ:NVDA) China-specific AI chip after U.S. Commerce Secretary Howard Lutnick made remarks about export policy that Chinese officials reportedly found "insulting."

Benzinga

Trump Embraces TikTok For Messaging Despite National Security Fears: White House Posts 'America We Are BACK'

The White House has officially joined TikTok, launching an account with President Donald Trump declaring, "I am your voice," even as lawmakers warn the Chinese-owned app may still face a U.S. ban.

GOBankingRates

2025 SCOTUS Decisions That Could Affect Your Wallet

How Supreme Court decisions could change your bank account.

Benzinga

Alibaba Launches AI-Powered Agent To Automate Merchant Operations

Alibaba Group’s (NYSE:BABA) international commerce arm launched the Accio Agent on Thursday to help merchants source products and supplies, aiming to transform online business operations.

Benzinga

Beijing Asks Alibaba, ByteDance Why They Need Nvidia H20 Chips Instead Of Local Alternatives

Beijing is pressuring major Chinese tech companies, including Alibaba Group (NYSE:BABA) and ByteDance, to justify their purchases of Nvidia's (NASDAQ:NVDA) H20 artificial intelligence chips instead of opting for domestic alternatives.

Benzinga

Alibaba Faces Fierce AI Talent Poaching As Rivals Lure Top Qwen Model Engineers

Alibaba Group (NYSE:BABA) has become a prime target in China’s artificial intelligence (AI) talent war as rival tech giants poach senior experts from its Tongyi Lab, the developer of the widely used open-source Qwen models.

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