ByteDance Valuation Hits $550 Billion in Planned Share Sale
Investment company General Atlantic is reportedly selling an equity stake in ByteDance valuing it at $550 billion.
That’s according to a report Wednesday (Feb. 25) from Reuters, citing so...
TikTik Owner ByteDance Looks to Build Up US AI Team
ByteDance is reportedly hiring for dozens of open positions on its U.S. artificial intelligence (AI) team.
That’s according to a report Thursday (Feb. 19) from Bloomberg News, which said ...
Reddit search traffic jumps to 80 million weekly active users
Reddit held its fourth-quarter earnings call on Thursday, where executives positioned the company’s AI-powered search engine as a key business opportunity and potential revenue driver. CEO Steve Huf...
TransUnion to Acquire Mobile Division of RealNetworks
TransUnion plans to continue extending its business by acquiring the mobile division of RealNetworks.
The acquisition will strengthen TransUnion’s communications solutions portfolio and e...
ICE Is Going On A Surveillance Shopping Spree
U.S. Immigration and Customs Enforcement (ICE) has a new budget under the current administration, and they are going on a surveillance tech shopping spree. Standing at $28.7 billion dollars for the y...
AI Arms Race Pits Insurers Against Fraudsters
Insurance fraud has always been a cost of doing business. What has changed is the speed, scale and sophistication with which it can now be committed.
Deepfakes, synthetic voice technology ...
