ByteDance
TikTok parent ByteDance has announced guardrails for Seedance 2.0, including C2PA watermarking and IP monitoring, as it prepares for a global rollout amid Hollywood scrutiny. The measures follow allegations of IP theft after Seedance-generated videos featuring Hollywood actors and characters went viral in February.
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Savvy Games, owned by Saudi Arabia’s sovereign wealth fund, has entered an agreement with ByteDance to acquire Moonton Games for $6 billion. The deal marks another major investment in the gaming industry by the Saudi entity. Moonton, a Shanghai-based developer, is known for hits like Mobile Legends: Bang Bang.
A new report shows major Chinese tech firms dominating the consumer AI market. ByteDance-owned Doubao remains the top consumer AI app in the country, with DeepSeek's namesake chatbot in second place.