ByteDance to rein in its videomaking AI tool
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NEW DELHI (Reuters) -Indian authorities have blocked at least two of ByteDance's bank accounts for alleged tax evasion, prompting it to ask a court to quash the directive that it fears will hit its operations, two sources with direct knowledge told Reuters.
MUMBAI (Reuters) - China's ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, according to a filing seen by Reuters. ByteDance in January reduced ...
China's ByteDance has decided to reduce the size of its India team and is unsure when the company will make a comeback in India, it said in an internal memo to employees on Wednesday. India has decided to retain its ban on video app TikTok and 58 other ...
ByteDance, the company behind TikTok, is responding to Disney's cease-and-desist letter regarding its AI video generator, Seedance 2.0. Accused of using copyrighted material, ByteDance has pledged to implement safety filters and prevent unauthorized use of famous characters and celebrities.
Sign up for our Metro US email newsletter to get news, updates, and local insights delivered straight to your inbox! TOKYO (Reuters) – China’s ByteDance is said ...
ByteDance is in advanced talks to sell Shanghai Moonton Technology to Saudi Arabia's Savvy Games Group in a deal valued between $6 billion and $7 billion, sources said. A deal could be sealed as soon as this quarter,