DeepSeek ‘shared user data’ with ByteDance

World`s biggest cryptocurrency Bitcoin (BTC) and the crypto market saw slight gains on Wednesday after President Donald Trump`s resolution calls with Russian President Vladimir Putin and Ukraine`s President Volodymyr Zelenskyy. 

A consortium led by Tesla boss Elon Musk said it has offered $97.4 billion to acquire the nonprofit that controls OpenAI, months after the billionaire sued the artificial intelligence (AI) startup to block it from transitioning to a for-profit firm.

US tech billionaire Elon Musk said that he was not interested in purchasing Chinese video sharing platform TikTok, that the United States has been trying to ban over national security concerns with its Chinese owner ByteDance.

Google`s parent company Alphabet on Tuesday reported revenue jumped in the recently ended quarter, but shares sank on concerns the tech giant may be pouring too much money into artificial intelligence (AI).

Japan`s SoftBank is in talks to invest as much as $25 billion into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence (AI) infrastructure project.

Dutch-American Universal Music Group (UMG), the world`s largest music company and Swedish streaming behemoth Spotify on Sunday announced a multi-year direct deal that will affect both recording and publishing royalty rates.

US President Donald Trump has announced a $500bn joint venture with Texas-based tech firm Oracle, Japan’s SoftBank and ChatGPT-maker OpenAI to advance artificial intelligence (AI) infrastructure.

The price of Donald Trump`s new cryptocurrency called $TRUMP jumped on Sunday, with the amount held by the US president-elect and his associates now valued at more than $38 billion.

Chinese video sharing platform TikTok restored service in the United States Sunday after briefly going dark, as a law banning the wildly popular app on national security grounds came into effect.

Chinese short video sharing platform TikTok stopped working in the United States late on Saturday and disappeared from Apple and Google app stores ahead of a law that takes effect Sunday requiring the shutdown of the app used by around 170 million Americans.

Chinese short video sharing platform TikTok plans to shut its app for U.S. users from Sunday, when a federal ban on the social media app could come into effect, unless the Supreme Court moves to block it, people familiar with the matter have confirmed.

Meta, the owner of social media platform Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company looks to drop ‘low performers faster’.

TikTok users in the United States are moving to a Chinese app called RedNote with the threat of a ban just days away.

The European Union is reassessing its investigations of tech giants including Apple, Meta and Google, just as the US groups urge president-elect Donald Trump to intervene against what they characterise as overzealous EU enforcement, the Financial Times reports.

Mark Zuckerberg`s Meta is abandoning the use of independent fact checkers on Facebook and Instagram, replacing them with X-style ‘community notes’ where commenting on the accuracy of posts is left to users.

US tech billionaire Elon Musk confirmed that Starlink has applied for permission to launch internet services in Pakistan but is currently awaiting approval from the government.