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ByteDance Was Late to AI Party, CEO Says in All-Hands Meeting

(Bloomberg) ByteDance Ltd.’s chief urged his staff to resist mediocrity after the company missed the initial wave of generative AI development, becoming the latest Chinese corporate leader to warn employees against falling behind in a fast-changing environment.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneByron Allen Makes $14 Billion Offer for Paramount GlobalMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeMusk Says First Neural

TikTok Eyes $17 5 Billion Shopping Business on Amazon s Turf

TikTok Eyes $17 5 Billion Shopping Business on Amazon s Turf
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

TikTok eyes $17 5 billion shopping business on Amazon s turf

The 2024 merchandise volume goal for the US version of TikTok Shop which melds online entertainment with impulse buying was discussed in internal meetings in recent weeks and may still change depending on how the business goes.

China to Curb Excessive Online Games Spending in New Tightening

China to Curb Excessive Online Games Spending in New Tightening
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Tencent Sheds $54 Billion as China Unveils Latest Gaming Curbs

(Bloomberg) Tencent Holdings Ltd. led an $80 billion selloff in some of China’s biggest online names, after the surprise imposition of new gaming curbs revived fears Beijing may again be targeting the country’s giant internet sector.Most Read from BloombergHyperloop One to Shut Down After Failing to Reinvent TransitHarvard Financial Pain Grows as Blavatnik Joins Donor RevoltVilified Zero-Day Options Blamed by Traders for S&P DeclineGiuliani Files for Bankruptcy After $148 Million Defamation L

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