Tag: ByteDance

Gautam Adani is at number 20th in the top 20 richest persons list released by Bloomberg while Zhang Yiming is at number 18. (Reuters/Mint)
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Gautam Adani no longer richest Asian. This businessman has overtaken him

 September 16, 2026  Leave a Comment on Gautam Adani no longer richest Asian. This businessman has overtaken him

India’s Gautam Adani is no longer the richest person in Asia, having been overtaken by Zhang Yiming, co-founder of ByteDance, which owns TikTok, according to…

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In a conversation with HT, Xi Zeng notes India’s importance for building any successful and diverse AI. (Official photo)
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Brain does visual processing, text prompts are a cognitive bottleneck: Xi Zeng

 May 13, 2026  Leave a Comment on Brain does visual processing, text prompts are a cognitive bottleneck: Xi Zeng

Xi Zeng, who is addressed as “Dr Zeng” in his corporate and academic roles, made a leap of faith late last year to solve a…

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Under the TikTok US sale terms, ByteDance will license its AI recommendation technology to a newly created US TikTok entity, which will use the existing algorithm to retrain a new system that is secured by Oracle, TikTok’s cloud partner. (AFP)
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TikTok signs deal to sell US unit to Oracle-led investor group| Business News

 December 18, 2025  Leave a Comment on TikTok signs deal to sell US unit to Oracle-led investor group| Business News

TikTok’s Chinese owner ByteDance Ltd. has signed binding agreements with three major investors to sell just over 80% of US assets to American and global…

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