Chinese internet tech giant; maker of TikTok, Toutiao and CapCut
OnePlus has announced it will stop launching new phones in Europe and North America and will focus new device rollouts on India and China. The parent company Oppo has begun a corporate restructuring as memory-chip shortages and rising component costs have cut demand for budget phones and pushed manufacturers to prioritise AI-oriented high-bandwidth memory.
China’s Cyberspace Administration has approved Apple’s AI services for use in the country, following a deal to integrate Alibaba’s Qwen AI into Apple’s operating systems. Apple’s China sales have risen, and Baidu is reportedly collaborating on Apple Intelligence features for Chinese users. The approval sets the stage for broader AI integration in China.
British judges have ordered a full inquest into Jools Sweeney's 2022 death after fresh social media evidence was identified, overturning a 23-minute original inquiry that did not examine digital life. The ruling also prompts wider questions about how platforms preserve data for coroners and may influence new legal standards.
China is steering consumption toward offline, experience-driven spending as policymakers back in-person venues and events. Investors see the consumer as king even as retail growth remains tepid, with policymakers highlighting experience-focused sectors and venues like Wangfujing to attract locals and tourists.
China’s CXMT has raised about $8.6-9.8 billion in its STAR-market IPO, underscoring Beijing’s drive for tech self‑reliance. The stock surged on debut but faces headwinds from limited access to EUV tooling and ongoing competition from Samsung, SK Hynix and Micron. Analysts say long-term success depends on closing technology gaps, not investor enthusiasm.
Enterprise leaders confront rising token costs as tokenmaxxing shifts from hype to pragmatism. Leaders say tokenomics must guide responsible exploration of agentic AI, with a focus on cost efficiency and value.
The 9th U.S. Circuit Court of Appeals has ruled that Meta and TikTok cannot appeal early on Section 230 immunity claims, allowing multiple lawsuits over addictive design and youth safety to proceed. Trials for state AG actions and other plaintiffs remain scheduled, with bellwether cases moving forward.
A wave of apologies and AI-policy updates follows high-profile creators’ use of AI for research and production. Hank Green and Cliff Tan acknowledge reliance on AI, pause content, and refine policies as the industry faces questions about critical thinking and trust.
Alibaba has introduced its new Qwen3.8-Max, claiming leading benchmarks and capabilities across coding, research and visual intelligence. The model supports a context window of up to 1 million tokens and showcases autonomous long-horizon task handling, positioning Alibaba in a heated AI race with Moonshot AI and other rivals.
Global firms are increasingly turning to Chinese technology, AI, and battery suppliers as China deepens its role in global supply chains. Auto makers and tech majors are partnering with CATL, Baidu, Alibaba, and Xpeng, while Hong Kong is rising as a testing ground for AI models and data-center capacity. The shift signals a broader move from China as a manufacturing base to a source of advanced capabilities, even as US constraints persist.
Ox Alpha, a free, anonymous preview of Z.ai’s GLM-5.3-Flash, has sparked wide online discussion as developers test its capabilities and weights are released on Hugging Face. The model is described as a reasoning tool for coding and production workloads, with open-weight access and potential ties to Chinese labs. Debates focus on origin, on-device use, and open-source leadership in AI.
The Justice Department has reached a $400m settlement with TikTok and related entities over alleged violations of the Childrens Online Privacy Protection Act. TikTok will pay $300m immediately and another $100m after a court vacates a 2019 consent decree tied to Musical.ly. The deal resolves a 2024 DOJ suit and includes stronger youth safeguards, the department says.
Taiwanese prosecutors have indicted nine people over the alleged illegal export of Nvidia GPUs to China, with several servers shipped via Indonesia, Japan, and Hong Kong. The case underscores ongoing US-China tech frictions and Taiwan’s tightening export rules to curb restricted technology reaching China.
Nvidia has reported another monster quarter, surpassing expectations with a 70% forecasted revenue increase for fiscal 2028 while signaling broader AI infrastructure growth. The company notes demand is accelerating, while supply constraints and rising memory costs pose ongoing challenges. Nvidia is expanding its financing partnerships to back AI data centers, and Meta’s $16.7 billion settlement adds regulatory attention to the AI stack.
Bloomberg reports that ByteDance founder Zhang Yiming is personally overseeing the development of a new AI model, with internal teams pooling resources and computing power behind the effort. Separately, a Tokyo-based chip designer is aiming to deliver samples of its latest AI-ready processors to customers in H1 next year, signaling a push to tailor chips for AI workloads.
Rhodium Group finds Chinese frontier AI labs generate only a fraction of OpenAI and Anthropic revenue, challenging assumptions about scale. Z.ai and Moonshot are expanding ARR, while official rounds push for greater in-house sovereignty and AI-powered efficiency.
Meta has reached an $18 billion settlement over teen-time limits. The agreement ties $5.3 billion to peers joining similar measures, with pressuring others like TikTok and YouTube to follow suit. Snap’s CEO comments and new features for Specs are underscoring a broader push toward digital well‑being amid scrutiny of youth mental health.
Meta has launched Muse, an AI agent that can autonomously send emails, book travel and act across apps. The tool is available in the U.S. via a Muse app and WhatsApp, with free and paid tiers. Internal testers have reported mixed results and security concerns even as Meta highlights virtual-machine safeguards and opt-out training options.
TikTok has reached a settlement with Alabama days before a trial, agreeing to pay $100m now and up to $300m if other states join. The company has agreed to two-hour daily limits for teens, pauses after short sessions, overnight bans, stricter age checks, removal of cosmetic filters for children, and enhanced parental controls.
Alabama has reached a settlement with TikTok, with a minimum $100 million payment and new safety measures for teen users, including time limits and parental controls. The deal mirrors recent settlements by Meta and follows ongoing, nationwide litigation over social media addiction claims.
Bloomberg and CNBC reports show Chinese firms planning to buy Nvidia RTX chips amid ongoing export-control discussions. The IT Ministry in China is seeking purchase plans and approvals, while US and Chinese entities navigate licensing and potential restrictions.
Arena is expanding its lineup of AI benchmarking tools with an Alignment Index to measure how well models follow user objectives. The funding round led by Lightspeed and Khosla values the company at $1.7 billion, with fresh investments from Salesforce Ventures, Dell Technologies Capital and others. The move comes as the industry seeks neutral, third‑party safety and alignment assessments for increasingly capable AI models.