Unknown Livemint

Back then, the question was how a 29-year-old locally trained software engineer could outsmart the numerous news portals operated by the likes of social media behemoth Tencent Holdings Ltd. and extract profit where even Google had failed. Zhang, now 35, proved them wrong. Today his company, Bytedance Ltd., is on its way to a more than $75 billion valuation—a price tag that surpasses Uber Technologies Inc. to top the world, according to CB Insights. The latest in a long line of investors who’ve come around is Softbank Group Corp., which is said to be planning to invest about $1.5 billion. Bytedance now counts KKR & Co., General Atlantic and even Sequoia as backers. Much of its lofty valuation stems from the creation of an internet experience that’s a cross between Google and Facebook. What’s remarkable is Zhang was able to do it all without taking money from the twin suns of China’s internet: Alibaba Group Holding Ltd. and Tencent.

68%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

80%

Examples:

  • The author has a slight bias towards Elon Musk. The article seems to have a positive light on him without providing any counter viewpoints or criticisms.

Conflicts of Interest

50%

Examples:

  • The article seems to have a slight bias towards Elon Musk. The author does not provide any counter viewpoints or criticisms.

Contradictions

10%

Examples:

No current examples available.

Deceptions

70%

Examples:

No current examples available.

Recent Articles

Solar Flare Disrupts Radio Signals in Australia, Sunspot AR3575 Has Potential for More Powerful X-Class Solar Flares

Solar Flare Disrupts Radio Signals in Australia, Sunspot AR3575 Has Potential for More Powerful X-Class Solar Flares

Broke On: Sunday, 11 February 2024 A solar flare on February 6 disrupted radio signals in Australia. The sunspot AR3575 has a complex magnetic field and the potential for more powerful X-class flares. Shock waves were observed, raising questions about impacts on Earth. NOAA forecasters predict a 25% chance of another event occurring on the same day as this one did, with maximum sunspot activity predicted for 2025.

UK-Greece Meeting Cancelled Amid Parthenon Sculptures Dispute

Broke On: Tuesday, 28 November 2023 British Prime Minister Rishi Sunak cancelled a meeting with Greek Prime Minister Kyriakos Mitsotakis over the Parthenon Sculptures dispute. Greece has long requested the return of the 2,500-year-old sculptures, which were taken by British diplomat Lord Elgin from the Parthenon temple. The British Museum is legally prohibited from returning the sculptures to Greece, but discussions about a possible long-term loan have taken place.

Elon Musk's Visit to Israel Amid Antisemitism Controversy and Gaza Conflict

Broke On: Sunday, 26 November 2023 Elon Musk visited Israel during a pause in the conflict with Hamas in the Gaza Strip. Musk met with Israeli President Isaac Herzog and Prime Minister Benjamin Netanyahu to discuss combating rising antisemitism online and the potential use of Starlink communications in Gaza. Musk has been criticized for endorsing an antisemitic conspiracy theory on his social media platform, X, leading to major brands pausing advertising on the platform.

Rescue Operations for Trapped Workers in Indian Tunnel Delayed Due to Machinery Damage

Broke On: Thursday, 23 November 2023
    41 workers have been trapped in a highway tunnel in the Indian Himalayas since Nov. 12. The rescue operations have been delayed due to damage to the heavy drill machinery. The tunnel was part of the Chardham all-weather road project. The Uttarakhand government is supplying hot meals and oxygen to the trapped workers through a pipe. A landline facility has been set up to allow the workers to communicate with their families.

    U.S. Authorities Thwart Assassination Plot Against Sikh Separatist Leader

    Broke On: Thursday, 23 November 2023 U.S. authorities have thwarted a plot to assassinate Sikh separatist leader Gurpatwant Singh Pannun. The U.S. has raised concerns with the Indian government over suspicions of their involvement. The FBI is currently investigating the matter. Pannun has previously warned that Sikhs in Australia could be the next target for assassination. India's anti-terror agency has filed a case against Pannun, accusing him of threatening Air India passengers.

    Shakira Settles Spanish Tax Fraud Case, Avoids Trial

    Broke On: Monday, 20 November 2023 Shakira has reached a settlement with Spanish authorities to avoid a tax fraud trial, agreeing to pay a fine of over 7.3 million euros. The case hinged on Shakira's place of residence between 2012 and 2014, with Spanish authorities alleging that she spent more than half of that period in Spain. Shakira's defense team argued that she had not spent more than 60 days a year inside Spain during the period in question. In a separate case, Spanish state prosecutors had charged Shakira with alleged evasion of 6.7 million euros in tax on her 2018 income.

    Samsung Galaxy Unpacked 2024: Launch of Galaxy S24 Series and Galaxy Ring

    Broke On: Monday, 20 November 2023 Samsung is expected to unveil the Galaxy S24 series and the new Galaxy Ring at the Galaxy Unpacked 2024 event on January 17, 2024. Pre-orders for the Galaxy S24 series are expected to start on January 18, with deliveries expected between January 26 and January 30.

    Rosalynn Carter, Former First Lady and Political Partner, Passes Away at 96

    Broke On: Sunday, 19 November 2023 Rosalynn Carter was known for her political activism and her significant role in her husband's political journey. She transformed the role of the first lady into a full-time job, being the first to set up an office in the East Wing and hire a full staff. She was diagnosed with dementia in May and entered hospice care shortly before her death.

    Technical Issues Halt Rescue Operations for Trapped Workers in Uttarkashi Tunnel

    Broke On: Saturday, 18 November 2023 Rescue operations for the 40 workers trapped inside the Silkyara tunnel in Uttarkashi have been temporarily halted due to technical issues with the 'American auger' drill machine. The Prime Minister's Office has taken charge of the operations, and state authorities have approved buying equipment and more manpower to implement options such as constructing escape tunnels from the left and right sides of the tunnel. The tunnel is part of the Chardham Project of the Ministry of Road Transport and Highways, seen as one of the most ambitious undertakings of Indian Prime Minister Narendra Modi's government. The trapped workers have received Vitamin C and medicines including anti-depression tablets. They have been supplied with light, oxygen, food, water and medicines from the outside and are able to communicate via walkie-talkie.

    Investors Push for Sam Altman's Return to OpenAI Amid Board Discussions

    Broke On: Sunday, 19 November 2023 Sam Altman, co-founder and former CEO of OpenAI, is reportedly in discussions with the company's board about a potential return. Investors, including Microsoft Corporation and Thrive Global, are reportedly engaging in discussions with the board for Altman's reinstatement. Altman's dismissal was due to a breakdown in communication between him and the board, not due to malfeasance or issues related to financial, business, safety, or security/privacy practices. The board's structure, which led to Altman's removal, has been a point of contention, highlighting divisions over the rapid advancement of generative AI.