OpenAI has suspended the account of TikTok parent ByteDance following a report that the China-owned firm was “secretly” using its “GPT” AI technology to build its own rival chatbot service.

ByteDance, the Chinese tech giant behind TikTok, is pulling back from video gaming in a shift that will result in hundreds of job cuts. The Beijing-based company will wind down Nuverse, the unit ...

TikTok’s parent company ByteDance is further scaling back its ambitions in the gaming industry and is in talks to sell game titles to several prospective buyers.

HONG KONG, Nov 27 (Reuters) - TikTok maker ByteDance plans to wind down its Nuverse gaming brand and retreat from mainstream video games, four people familiar with the matter said.

TikTok is fighting to stay alive in the United States as pressure builds in Washington to ban the app if its Chinese owners don’t sell the company.

In two weeks, all products from Chinese internet firm ByteDance will be banned on House devices, according to a notice that was sent out to staffers. Primary Menu Sections. US News.

Still, ByteDance’s valuation of $223 billion is only 28% of Meta’s market cap of $789.5 billion. Comparing their revenue multiples, ByteDance would be worth 2.6x times its 2022 revenue, ...

Ahead of this, Insider reported that ByteDance had been paying creators to post about Lemon8 on TikTok to seed its initial U.S. user base and content. From the looks of things, it seemed that ...

TikTok is no longer available in the United States—at least for now. But it’s not the only ByteDance-owned app that’s currently blocked for US-based users.. Shortly before the federally ...