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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 ....

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China to Curb Excessive Online Games Spending in New Tightening

China to Curb Excessive Online Games Spending in New Tightening
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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 ....

Zeng Xiaofeng , Ishika Mookerjee , Bloomberg Businessweek , Charlotte Yang , Sarah Zheng , Daisy Li , Nexon Co , Asset Management Hk Ltd , Alibaba Group Holding Ltd , Netease Inc , Tencent Holdings Ltd , Jack Ma Ant Group Co , Bilibili Inc , Epic Games Inc , Tencent Holdings , Tech Industry , His Own Image With , Asian Games , Dream Star , Sales Break , Pass Tencent , Communist Party , Ant Group , Alibaba Group Holding , Epic Games , Tencent Holdings ,