Trump vowed to save TikTok but his deal is collapsing
Deadline looms as China refuses to hand over algorithm
Donald Trump promised he alone could “save TikTok” from a US ban. Months later, the app is still in limbo, and his beautiful big deal is falling apart.
Nvidia’s banned AI chips flood China’s black market
More than a $1bn of restricted B200 processors slipped through in three months
Washington’s plan to restrain China’s AI ambitions is already failing as more than $1 billion worth of Nvidia’s high-end AI chips entered China in the three months after Donald Trump tightened export curbs.
Tech oligarchs consider buying TikTok
Bytedance still involved
A new plan which would keep TikTok available in the US, but under the control of a group of companies including Oracle and Microsoft is being negotiated by the White House.
Great unwashed spent a fortune on AI apps
$150 Billion globally in 2024
Demand for generative AI drove consumer spending on mobile apps to $150 billion globally in 2024 -- a 13 per cent increase from the previous year.
Trump reprieves TikTok
Gives it time to be flogged to his mates
President Donald Trump swooped in with a last-minute save to the social notworking app TikTok to allow users to see his glorious inauguration ceremony.
Canada orders TikTok to shut down
Too much Chinese influence manages to anger the Canadians
Canada has instructed TikTok to wind up its business (get it?) within the country, citing potential national security risks posed by the platform and its parent company, ByteDance.
TikTok ticked off about spying claim
We really are not interested in Americans
TikTok is furious at a Forbes report alleging that its parent company wanted to use the video app to “monitor the personal location of some specific American citizens.”
Byte dance wants to make its own chips
If Apple can do it, anyone can do it
TikTok owner ByteDance is looking into designing its own chips because it says it hasn't been able to find suppliers that can meet its requirements.
ByteDance snaps up Moonton
$4 billion for the video gaming business
ByteDance's video games unit Nuverse has agreed to acquire Shanghai-based gaming studio Moonton Technology, for $4 billion as part of a cunning plan to expand into the video games business.
ByteDance wants to make semiconductors
The US really shouldn't have pulled the tiger's tail
The US government is probably going to regret trying to starve China of chip technology as part of its ongoing trade war. TikTok-owner ByteDance is making plans to develop semiconductors, according to the company’s job postings.