ByteDance, the China-based parent company of TikTok, has reduced its workforce by more than 700 in Malaysia, pivoting towards enhanced artificial intelligence (AI) for content moderation,...
Two sources familiar with the matter earlier told Reuters that more than 700 jobs were slashed in Malaysia. TikTok later clarified that less than 500 employees...
OpenAI CEO Sam Altman.Photo: Didem Mente/Anadolu (Getty Images) In the startup world, a ‘unicorn’ is a private company valued at $1 billion or more — and...
Jeffrey Katzenberg was probably too early when he launched Quibi (short for quick bites) in early 2020. The company closed down six months later having consumed...
Alibaba Group Holding has earmarked at least 40 billion yuan (US$5.7 billion) worth of resources to help merchants on Taobao and Tmall during the Singles’ Day...
“We’re excited to collaborate with Amazon to offer a seamless and fun shopping experience,” TikTok wrote in a post on Thursday, which did not provide details...
Chinese firms from start-up Zhipu AI to tech giant ByteDance have rushed to launch artificial intelligence (AI) video-generation tools in recent days, but face challenges in...
Douyin, the Chinese version of TikTok, led all other platforms with a 26.2 per cent surge in GMV, followed by Pinduoduo’s 17.7 per cent and Kuaishou’s...
Alibaba Group Holding said it is seeing “encouraging” user engagement and merchant growth during the 618 midyear online shopping festival, as rival Xiaohongshu, China’s answer to...
The reductions, equal to about 9 per cent of employees at the Indonesian unit, will commence as soon as this month, according to people familiar with...
Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back consumers from...
Alibaba Group Holding’s Taobao and Tmall Group is working with ByteDance-owned Douyin to attract users from the Chinese short video platform, as the e-commerce giant spends...