BYTEDANCE LTD - CybAI news

14 Aug

Tencent Says in Talks With Apple About Mini Games Mobile Revenue

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Tencent Holdings Ltd. acknowledged for the first time it’s in discussions with Apple Inc. about sharing the revenue that flows through its popular WeChat mini games, a potentially significant move for China’s mobile developer ecosystem.The Chinese company is exploring ways to offer in-app transactions via Apple’s iOS payment system, Chief Strategy Officer James Mitchell told analysts on an earnings call. Such a change would enable the US firm to begin taking a cut of in-game transactions. Source link lol

13 Aug

Singapore’s Sea Tops Profit Estimates on Online Shopping Growth

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Sea Ltd. raised the outlook for its main online retailing arm, signaling the Southeast Asia e-commerce leader is effectively encountering intense competition from the likes of TikTok and Lazada.The value of goods sold by the Shopee division will rise in the “mid-20%” range this year, Sea said TuesdayBloomberg Terminal, rather than the “high teens” pace predicted in March. Singapore-based Sea also posted second-quarter profit and sales that topped analysts’ estimates. Source link lol

12 Aug

Sea Raises Sellers’ Fees to Above TikTok, Temu to Fatten Margins

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Sea Ltd.’s Shopee has raised the commissions it charges merchants in many core markets by about a third since the start of the year, underscoring the Southeast Asia e-commerce leader’s renewed attempt of boosting its bottom line.The moves, which haven’t previously been reported, reflect Sea’s growing confidence it can retain merchants in key markets, despite competition from TikTok, Temu and Lazada. Its commission now exceeds its rivals’, with its fee in Thailand rising to as much as 13% in July from 10% previously, according to its website. TikTok charges as much as 8% and Lazada up to 10%, according to…

09 Aug

TikTok Shows Less ‘Anti-China’ Content Than Rivals, Study Finds

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Videos condemning or negatively depicting China’s human rights abuses are more difficult to find on TikTok than other rival networks, a new study finds, suggesting that US users may be getting an incomplete picture of the country’s history when searching for key terms or phrases. US TikTok users who search for terms like “Tiananmen,” “Tibet,” and “Uyghur” — words commonly used in Chinese Communist Party propaganda — see less “anti-China” content than those same searches produce on Instagram and YouTube, according to a new study from the Network Contagion Research Institute at Rutgers University. Source link lol

08 Aug

Amazon Deals Let Shoppers Buy Products on TikTok, Pinterest

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Amazon.com Inc. has inked partnerships with TikTok and Pinterest Inc. that lets users buy products from the e-commerce company without leaving the social media apps.Users can link their profiles from TikTok and Pinterest to their Amazon accounts and then buy products directly from ads. The initiative is designed to make it more convenient for customers to shop on social media, an Amazon spokesperson said Thursday in a statement. Source link lol

07 Aug

Suspected Foreign Agitators Boost UK Extremists to Inflame Riots

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Suspected foreign state-backed actors and UK domestic extremists have coalesced online to stoke racism and incite violence across the UK, taking advantage of services from TikTok to the messaging service Telegram.Over the last 10 days, channels on the social media site Telegram, prominent accounts on X and self-described British patriots on ByteDance Ltd.’s TikTok have pushed users to appear at centers for asylum-seekers and take part in demonstrations that later turned violent. Other accounts have spread false allegations about members of the Islamic community. Source link lol