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ByteDance Won’t Sell TikTok To Protect Its Secret Algorithm: Report: Sources said that if the company’s legal challenges fail, ByteDance would be willing to call ...
thedailybeast.com/bytedance-wont-sell-tiktok-to-protect-its-secret-algorithm-report
ByteDance Won’t Sell TikTok To Protect Its Secret Algorithm: Report
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
  • ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.

  • Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.

  • ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.

  • As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
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Huawei’s New Phone Sports Latest Version of Made-in-China Chip: Huawei Technologies Co.’s latest smartphones carry a version of the advanced made-in-China ...
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Huawei’s New Phone Sports Latest Version of Made-in-China Chip
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Who could buy TikTok?: The clock has begun ticking for TikTok to find a new owner.
cnn.com/2024/04/25/tech/who-could-buy-tiktok/
Who could buy TikTok?
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
  • ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.

  • TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.

  • ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.

  • After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
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CEOs ask for patience on their big bets on AI: Right now, CEOs are betting big on AI, pouring vast amount of resources and money into the technology ...
businessinsider.com/when-will-companies-monetize-ai-ceos-ask-for-patience-2024-4
CEOs ask for patience on their big bets on AI
Quick Glance: Microsoft's Leadership in AI Threatens Amazon Cloud Dominance
  • Microsoft is poised to potentially surpass Amazon in the cloud computing market with innovative AI features.

  • Upcoming quarterly reports from Microsoft will illuminate the impacts of AI investments.

  • Microsoft's Azure cloud service could experience significant growth fueled by generative AI.

  • Google and Amazon are also focusing on integrating AI into their cloud services.
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Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
Meta’s stock plunges on ‘aggressive’ AI spending plans
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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Are there companies you would definitely not work for? The world of work will change because of Gen Z. Because the generation no longer chooses companies ... Show more   t3n.de/news/fuer-diese-arbeitgeber-will-die-gen-z-nicht-arbeiten-und-das-ist-der-grund-1620484/
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With the Release of Fallout 4's Next-Gen Update, It's Time To Give Fallout 4 Another Chance - IGN
ign.com/articles/fallout-4-next-gen-update-revisit-bethesda-amazon
With the Release of Fallout 4's Next-Gen Update, It's Time To Give Fallout ...
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Huawei's smart car tech offers automakers route to China sales: It's taken Huawei just four years to become a force in smart car technology ...
reuters.com/business/autos-transportation/huaweis-smart-car-tech-offers-automakers-route-china-sales-2024-04-26/
Huawei's smart car tech offers automakers route to China sales
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Tattooed woman mad about job rejection: A woman whose face is covered in tattoos and piercings has claimed she was denied a job at retailer TJ Maxx over her body ...
news.com.au/lifestyle/real-life/news-life/its-so-annoying-woman-claims-she-was-rejected-by-employer-over-tattoos/news-story/0db190395818979aa7926cb9378f6c0e
Tattooed woman mad about job rejection
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Explainer: What is so special about TikTok's technology: The content recommendation algorithm that powers the online short video platform TikTok has once again ...
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Explainer: What is so special about TikTok's technology
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Snap shares soar 25% as company beats on earnings, shows strong revenue growth: Snap reported first-quarter results that beat analysts' estimates
cnbc.com/2024/04/25/snap-snap-q1-2024-earnings-.html
Snap shares soar 25% as company beats on earnings, shows strong revenue ...
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Meta says revenue will be weak as it spends even more on AI: Push to integrate AI into Meta products boosts financial results, with sales and profits beating ...
theguardian.com/technology/2024/apr/24/meta-earnings
Meta says revenue will be weak as it spends even more on AI
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Tiktok for math: Two founders develop AI learning app for high school: Two students developed an AI learning app for their math Abi. They use AI clones of ...
businessinsider.de/gruenderszene/business/tiktok-fuer-mathe-zwei-gruender-entwickeln-ki-lernapp-fuer-das-abi/
Tiktok for math: Two founders develop AI learning app for high school
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Cooperation with EA: Mercedes gets Need for Speed ​​on the display - Golem.de: Mercedes-Benz announced a cooperation between Tencent and EA at Auto China 2024 ...
golem.de/news/kooperation-mit-ea-mercedes-bekommt-need-for-speed-auf-dem-display-2404-184551.html
Cooperation with EA: Mercedes gets Need for Speed ​​on the display - Golem ...
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Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
cnbc.com/2024/04/24/meta-loses-200-billion-in-value-zuckerberg-focuses-on-ai-metaverse.html
Meta loses $200 billion in value as Zuckerberg focuses earnings call on ...
Quick Glance: Meta Invests Heavily in Artificial Intelligence
  • Meta focuses on AI to enhance app appeal

  • The smart glasses with AI capabilities aim to attract users

  • Meta envisions AI assistants for complex tasks in communication

  • Meta aims to become a global leader in AI, despite significant investments
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Nevertheless, many people are afraid of the rapid development of artificial intelligence - According to Sam Altman, there is no reason for this.
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Walmart's longest-serving director Rob Walton to retire from board: Walmart said on Thursday that Rob Walton, the longest serving member on its board and eldest ...
reuters.com/business/retail-consumer/walmart-ex-chairman-rob-walton-retire-board-2024-04-25/
Walmart's longest-serving director Rob Walton to retire from board
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There is no fear of job losses due to AI here! 💪 About the article: www.heise.de/news/Bueroarbeiter-bangen-wegen-KI-kaum-um-ihre-Jobs-9697350.html
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The parent of Facebook and Instagram lost some $150 billion in market value after CEO Mark Zuckerberg said the company is going to invest aggressively in AI ... Show more
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Drake vs. Kendrick Lamar: “I’m the greatest!” “No, you midget!”: Kendrick Lamar complains about Drake, he texts back, others chime in, and there's a huge beef in ...
diepresse.com/18401072/drake-vs-kendrick-lamar-ich-bin-der-groesste-nein-du-zwerg
Drake vs. Kendrick Lamar: “I’m the greatest!” “No, you midget!”
Quick Glance: Tupac Shakur's Estate Threatens Drake with AI Voice Imitation Lawsuit
  • Tupac Shakur's estate has sent a cease-and-desist letter to Drake over his use of an AI-generated imitation of Tupac's voice in a new song.

  • The estate demands that Drake cease publication of the song and take all necessary steps to remove it from all platforms as it constitutes a flagrant violation of Tupac's publicity rights.

  • Drake is accused of creating the false impression that Tupac's estate endorses his lyrics, adversely affecting the market for Amaru Entertainment, Inc.'s AI projects.

  • Drake is requested to provide written confirmation that 'Taylor Made' has been removed from all platforms, along with an explanation of how the sound-alike was created and the individuals or company involved.
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Hype game makes players angry because they are asked to pay again: A popular hype game is currently causing trouble among players. The reason: you are asked for ...
t3n.de/news/hype-game-veraergert-spieler-1621323/
Hype game makes players angry because they are asked to pay again
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World's first AI contest selects virtual beauties: Dystopian nightmare or the future of beauty pageants? Judge for yourself!
de.euronews.com/kultur/2024/04/26/miss-ki-weltweit-erster-schonheitswettbewerb-mit-virtuellen-frauen
World's first AI contest selects virtual beauties
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Huawei-led Chinese firms aim to make advanced memory chips by 2026, The Information reports
reuters.com/technology/huawei-led-chinese-firms-aim-make-advanced-memory-chips-by-2026-information-2024-04-25/
Huawei-led Chinese firms aim to make advanced memory chips by 2026 ...
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Activision Boosts Microsoft Q3 Gaming Business, But Actual Xbox Sales Collapse Continues
wccftech.com/activision-boosts-microsot-q3-gaming-revenue-xbox-consoles-sales-collapse/
Activision Boosts Microsoft Q3 Gaming Business, But Actual Xbox Sales ...
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For Kings (and Lakers, Clippers), home is where the playoff action is: As the Kings head back to L.A. after exhilarating Game 2 OT win, they'll find Crypto ...
latimes.com/sports/hockey/kings/story/2024-04-25/kings-edmonton-oilers-game-2-crypto-arena-nba-nhl-playoffs
For Kings (and Lakers, Clippers), home is where the playoff action is