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Artificial Intelligence, News

Video Editor CapCut Adds AI Ad Scripting for Businesses and Creators

By Mercy Tukiya Mutanya Oct 17, 2023

One of the new tools is an AI-powered script generator designed to help advertisers generate script ideas based on prompts that describe the product or business.

Artificial Intelligence, News

ChatGPT Creator OpenAI Reportedly Raising Funds at Valuation of $80B to $90B

By Mercy Tukiya Mutanya Sep 27, 2023

The company is also projected to reach $1 billion in revenue over this year from the premium version of ChatGPT and from giving business access to its AI technology including GPT-3. 

Artificial Intelligence, News

TikTok Introduces New AI Content Labels for Enhanced Transparency

By Chimamanda U. Martha Sep 19, 2023

Starting this week, TikTok plans to begin testing the “AI-generated” labels, which will automatically mark content identified as having been edited or created using AI.

News

Chinese Venture Capital Firms Record Slower Growth in H1 2023

By Godfrey Benjamin Sep 18, 2023

The second quarter of 2023 marked the fourth consecutive quarter of declines in deal value, highlighting the prolonged nature of the downturn.

News

TikTok Is Working to Secure Payment License in Indonesia

By Bhushan Akolkar Aug 4, 2023

Securing this license would mean that TikTok would be directly competing with big e-commerce companies like Shopee and Lazada in Southeast Asia.

News

TikTok to Launch Its Own E-Commerce Business in August

By Darya Rudz Jul 26, 2023

TikTok Shop Shopping Center is expected to help TikTok compete with huge shopping platforms like Shein and Temu.

News

TikTok Announces New Feature – Text Posts

By Ibukun Ogundare Jul 25, 2023

As TikTok unveils the text post tool, the app joins other social media platforms that already have a similar feature.

News

TikTok Moves to Expand Online Retail Shop with New E-Commerce Initiative

By Chimamanda U. Martha Jun 23, 2023

The new shopping feature introduced by TikTok is limited to UK users for now.

Artificial Intelligence, News

TikTok Joins Conversational AI Race, Now Trialing Tako In-App

By Godfrey Benjamin May 26, 2023

Despite the future fears being nursed, TikTok said it is still building out the responses and feedbacks from the AI.

News

ByteDance Pushes Lemon8 in US as TikTok Faces Possible Ban

By Ibukun Ogundare Apr 25, 2023

Lemon8 growth in the US could also get the attention of US regulators, especially due to its relationship with ByteDance.

News

TikTok Boom Helps ByteDance Match Tencent’s $80B in Sales

By Bhushan Akolkar Apr 3, 2023

ByteDance spectacular performance comes despite uncertain macro conditions and a major fall for tech companies in 2022.

News

ByteDance Tests Food Delivery Service to Potentially Rival Alibaba’s Ele.me

By Tolu Ajiboye Feb 8, 2023

TikTok parent ByteDance has tested a Douyin food delivery service in three Chinese cities, including Beijing and Shanghai.