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ByteDance, the parent company of TikTok, is reportedly in discussions with Shanghai-based Iluvatar CoreX to procure artificial intelligence chips for inference workloads, according to individuals familiar with the matter. The potential agreement highlights China’s accelerating efforts to strengthen its domestic semiconductor ecosystem as global competition in AI hardware intensifies. If finalized, Iluvatar CoreX would become…

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Pakistan is preparing to introduce a taxation framework for income generated through social media platforms, including YouTube, TikTok, and Instagram, as part of its broader effort to document digital earnings and expand the tax base in the online economy. The proposed initiative is being developed by the Federal Board of Revenue (FBR), which has outlined…

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Malaysia has introduced strict new regulations that prevent children under the age of 16 from creating accounts on major social media platforms. The move is part of the country’s broader effort to enhance online safety and shield young users from potentially harmful digital content. The policy places Malaysia among a growing number of countries taking…

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COPENHAGEN: Denmark is taking a bold step to protect its younger generation from the adverse effects of digital platforms, announcing a plan to ban social media use for children under 15. The proposal, unveiled on Friday, aims to safeguard children’s mental health and well-being amid growing global concerns about the psychological impact of social media.…

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Tech giants Meta and TikTok have confirmed they will comply with Australia’s new social media age restriction law, which bans users under the age of 16 from accessing major platforms. However, both companies have warned that the law will be difficult to enforce and could carry unintended consequences. The legislation, set to take effect from…

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Long-awaited “Watch History” feature now lets you find Reels you’ve already viewed Instagram has finally rolled out one of its most requested features ever — a “Watch History” option for Reels — allowing users to revisit videos they’ve already watched. The feature, announced by Instagram head Adam Mosseri on Friday, is designed to fix one…

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Musk Dismisses Rumors of a TikTok Acquisition Billionaire entrepreneur Elon Musk has firmly stated that he is not interested in purchasing TikTok, the widely popular short-video platform owned by ByteDance, a Chinese company currently facing scrutiny in the United States over national security concerns. During a virtual appearance at a summit hosted by The WELT…

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A survey revealed that TikTok has become the fastest-growing news source for adults in the United Kingdom (UK), reported The Guardian. The UK’s communication watchdog reported that 7% of adults use the short video platform for news, while in 2020, the figure was 1%.  Ofcom’s annual report on the consumption of news in the country showed…