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Tech unicorn Zhipu AI joins China’s LLM price war amid new funding round

by Anas Siddiqui
Tech unicorn Zhipu AI joins China’s LLM price war amid new funding round

“We diligently iterated the core technology of our models and improved its efficiency,” Zhipu AI chief executive Zhang Peng said at the event. “This is not just a simple price …

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TikTok says hackers targeted brands and celebrity accounts, including CNN

by Walter Watson
TikTok says hackers targeted brands and celebrity accounts, including CNN

Short video app TikTok has taken measures to stop a cyberattack targeting several well-known brand and celebrity accounts, including news network CNN, a spokesperson for the company said on Tuesday. …

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Big Name TikTok Accounts Reportedly Hacked Via DMs

by Ron Morgan
Big Name TikTok Accounts Reportedly Hacked Via DMs

Major accounts on TikTok were taken over by hackers Tuesday, including CNN, Sony, and Paris Hilton, according to a report from Forbes. And while it doesn’t appear that the hackers …

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ByteDance enters ‘second phase’ of video gaming business, as new head of Nuverse unit says focus is on ‘fun games’

by Anas Siddiqui
ByteDance enters ‘second phase’ of video gaming business, as new head of Nuverse unit says focus is on ‘fun games’

Zhang will report to Hua Wei, who heads ByteDance’s human resources department. Mobile Legends: Bang Bang is a multiplayer online battle arena title developed and published by Moonton Technology, owned …

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Donald Trump joins TikTok, which he tried to ban as president, in bid to reach younger voters

by Walter Watson
Donald Trump joins TikTok, which he tried to ban as president, in bid to reach younger voters

Within hours of joining TikTok, Republican presidential candidate Donald Trump had attracted a million followers on Sunday on the short video social media platform that he tried to ban as …

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ByteDance rejects US report about its purported plan since 2022 to divest TikTok’s operations in America

by Anas Siddiqui
ByteDance rejects US report about its purported plan since 2022 to divest TikTok’s operations in America

TikTok owner ByteDance has again denied that it considered divesting the US operations of its popular short video platform, in response to a report by The Washington Post on Wednesday …

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Alibaba e-commerce unit’s latest executive reshuffle sees veterans retire as younger leaders take over

by Anas Siddiqui
Alibaba e-commerce unit’s latest executive reshuffle sees veterans retire as younger leaders take over

Senior executives that include Wang Hai, Liu Peng, Yu Feng and Wang Mingqiang retired from Taobao and Tmall Group on May 1, according to Chinese media reports on Wednesday. Taobao …

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New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the Great Firewall

by Anas Siddiqui
New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the Great Firewall

“It’s like the bad money is driving out good money,” said You Yang, a computer science professor at the National University of Singapore (NUS). The price war indicates a lack …

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TikTok, ByteDance reject reports they are caving in to US divestment pressure, putting up a fight against Biden order

by Walter Watson
TikTok, ByteDance reject reports they are caving in to US divestment pressure, putting up a fight against Biden order

TikTok on Friday denied a news report suggesting that the ByteDance-owned platform is laying the technological groundwork for a potential divestment, the latest in a flurry of rebuttals issued by …

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Tencent launches Yuanbao AI assistant app as internet giant moves to close gap with other Chinese chatbots

by Anas Siddiqui
Tencent launches Yuanbao AI assistant app as internet giant moves to close gap with other Chinese chatbots

Yuanbao can be used to analyse and summarise documents, provide questions and answers, and generate texts and images, similar to the functions of ChatGPT and alternative Chinese AI chatbots. Tencent’s …

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