TikTok's layoffs in Africa are not alone.

According to reports, TikTok is preparing to accelerate its e-commerce expansion plan and may launch its in app shopping platform TikTok Shop in Spain and Ireland as early as October this year.

ByteDance is working with Broadcom to develop advanced AI processors designed to counter U.S. chip controls on China.

It is reported that in order to obtain sufficient high-end chip supply, ByteDance is cooperating with American chip design company Broadcom to develop an advanced AI processor.

According to insiders, it is expected that the scope of layoffs will be around 450 people, accounting for about 9% of the total number of employees in the department, and will start as early as this month.

Zhang Yunfan stated that the gaming business has entered its "second phase." In this phase, ByteDance Games will adopt a long-term approach, focusing more patiently on product development and operations.

It is reported that TikTok is developing code for U.S. market exclusively, and the company later denied reports that it would sell its U.S. assets.

ByteDance reportedly spent $2.68 million on lobbying U.S. officials, while TikTok spent more than $4.5 million on advertising.

On 26 March, Xie Xin, CEO of Lark, released an all-staff letter announcing information, announcing layoffs.

On March 13, local time, the U.S. House of Representatives overwhelmingly passed a bill aimed at restricting the operation of TikTok, a social media app owned by Chinese company ByteDance, in the United States.。

In November 2023, ByteDance announced a massive business contraction in its gaming business.。In addition to the retention of some of the UGC and AIGC projects under development, games that are already online and performing well will be sought for sale.。

On the day of the Super Bowl, known as the "American Spring Festival Gala," the Biden campaign released its first TikTok video, which included a question-and-answer session for Biden, which has received more than 10 million views so far.。

It is reported that before Sora detonated the Wensheng video track, the domestic byte beat also launched a disruptive video model - Boximator。With Gen-2, Pink1.Unlike models such as 0, Boximator can precisely control the movements of people or objects in the generated video through text.。In this regard, the byte beat related people responded that the Boximator is a video generation field to control the movement of the object of the technical method research project, has not yet been able to land as a perfect product, from the foreign leading video generation model in terms of picture quality, fidelity, video duration and so on there is still a big gap.。

In February 7th, Zhang Nan, CEO of the tremolo group, said in a personal social platform that he would resign as CEO of the group.。

According to US media reports, TikTok employees revealed that TikTok is laying off employees to reduce costs, making it the latest round of layoffs in recent weeks.。About 60 employees were laid off, most of them in the company's sales and advertising departments, according to a company spokesman.。Jobs eliminated include workers in Los Angeles, New York, Austin and outside the U.S.。After announcing the layoffs, the company plans to hold a staff meeting (townhall meeting) on Tuesday.。

January 18 news reported that byte beat is Canada, Australia and other places to build R & D center。At present, some R & D centers have been in trial operation for about half a year, and will support TikTok, CapCut, Lemon8 and other overseas business R & D in the future.。According to previous public reports, ByteDance currently has more than 110,000 employees in more than 120 cities around the world, and has R & D centers in 4 countries and 15 cities.。

ByteDance's video applications are rapidly expanding beyond advertising, and TikTok Shop wants to significantly expand its U.S. business, with plans to achieve $17.5 billion in revenue in 2024.。

According to people familiar with the matter, Byte's revenue in 2023 will soar to more than $110 billion (approximately RMB 785.9 billion), potentially surpassing Tencent's。

On December 16, a media report said that byte beating secretly uses OpenAI's GPT to train byte models.。Coincidentally, in the byte was burst plagiarism "scandal" at the same time, some netizens noticed that Google Gemini's Chinese training corpus is likely to come from Baidu's Wen Xin Yan。

TikTok will spend $1.5 billion to take over GoTo's e-commerce business in Indonesia to circumvent regulatory hurdles and restart its e-commerce business in the country。