StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    This 26-year-old’s blue-collar enterprise brings in .3 million a 12 months
    This 26-year-old’s blue-collar enterprise brings in $1.3 million a 12 months
    9 Min Read
    Barclays upgrades GN Retailer Nord inventory to Obese on earnings inflection
    Barclays upgrades GN Retailer Nord inventory to Obese on earnings inflection
    0 Min Read
    3 distinctive funding trusts that would enhance the returns of a Shares and Shares ISA
    3 distinctive funding trusts that would enhance the returns of a Shares and Shares ISA
    4 Min Read
    China shares lag broad Asia rebound,Fed price reduce hopes and Nvidia-Chin
    China shares lag broad Asia rebound,Fed price reduce hopes and Nvidia-Chin
    0 Min Read
    Chinese language corporations chase Africa’s shoppers as useful resource investments plunge 40%
    Chinese language corporations chase Africa’s shoppers as useful resource investments plunge 40%
    9 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    Lloyds Metals & Vitality Ltd – Constructing India’s Subsequent Mining-to-Metals PowerhouseInsights
    Lloyds Metals & Vitality Ltd – Constructing India’s Subsequent Mining-to-Metals PowerhouseInsights
    9 Min Read
    Traders misplaced over 50% good points by lacking the 'finest 3 months'
    Traders misplaced over 50% good points by lacking the 'finest 3 months'
    0 Min Read
    Don't play the ready sport
    Don't play the ready sport
    0 Min Read
    PPFAS plans IPO in 5 years, entry into NPS
    PPFAS plans IPO in 5 years, entry into NPS
    0 Min Read
    Comparable valuations, reverse outcomes
    Comparable valuations, reverse outcomes
    0 Min Read
  • Market Analysis
    Market AnalysisShow More
    Is It Truly Value Rs. 3,000?
    Is It Truly Value Rs. 3,000?
    11 Min Read
    Inventory to purchase briefly time period: Axis Securities recommends this PSU inventory as its ‘Decide of the Week’
    Inventory to purchase briefly time period: Axis Securities recommends this PSU inventory as its ‘Decide of the Week’
    6 Min Read
    YES Financial institution Inventory in Consolidation: A Lengthy-Time period Investor’s Perspective
    YES Financial institution Inventory in Consolidation: A Lengthy-Time period Investor’s Perspective
    10 Min Read
    Nifty, Sensex open flat amid optimism of touching contemporary highs: Consultants
    Nifty, Sensex open flat amid optimism of touching contemporary highs: Consultants
    4 Min Read
    Is that this flexi-cap fund getting too huge to shine
    Is that this flexi-cap fund getting too huge to shine
    0 Min Read
  • Trading
    TradingShow More
    Scott Bessent Says If ‘Radical Left’ Once more Shuts Down Authorities In January, GOP Ought to ‘Instantly Finish’ The Filibuster
    Scott Bessent Says If ‘Radical Left’ Once more Shuts Down Authorities In January, GOP Ought to ‘Instantly Finish’ The Filibuster
    3 Min Read
    Mamdani Says He ‘Continues To Imagine’ Every little thing He’d Mentioned Earlier About Trump Regardless of ‘Very Productive’ Assembly
    Mamdani Says He ‘Continues To Imagine’ Every little thing He’d Mentioned Earlier About Trump Regardless of ‘Very Productive’ Assembly
    3 Min Read
    Scott Bessent Says Individuals Set For ‘Lowest Price’ Thanksgiving Dinner In 4 Years After Being ‘Traumatized’ By Biden-Period Costs
    Scott Bessent Says Individuals Set For ‘Lowest Price’ Thanksgiving Dinner In 4 Years After Being ‘Traumatized’ By Biden-Period Costs
    3 Min Read
    The Insider Report: Put together for the Subsequent Dip Shopping for Alternative – Daqo New Power (NYSE:DQ), Dianthus Therapeutics (NASDAQ:DNTH)
    The Insider Report: Put together for the Subsequent Dip Shopping for Alternative – Daqo New Power (NYSE:DQ), Dianthus Therapeutics (NASDAQ:DNTH)
    21 Min Read
    Elon Musk’s Ex-Spouse Shared Insights Into Their Tumultuous Marriage – Tesla (NASDAQ:TSLA)
    Elon Musk’s Ex-Spouse Shared Insights Into Their Tumultuous Marriage – Tesla (NASDAQ:TSLA)
    3 Min Read
Reading: ByteDance cuts over 700 jobs in Malaysia in shift in direction of AI moderation, sources say By Reuters
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
StockWaves > Global Markets > ByteDance cuts over 700 jobs in Malaysia in shift in direction of AI moderation, sources say By Reuters
Global Markets

ByteDance cuts over 700 jobs in Malaysia in shift in direction of AI moderation, sources say By Reuters

StockWaves By StockWaves Last updated: October 11, 2024 3 Min Read
ByteDance cuts over 700 jobs in Malaysia in shift in direction of AI moderation, sources say By Reuters
SHARE


By Rozanna Latiff

KUALA LUMPUR (Reuters) – China’s ByteDance, the guardian of social media platform TikTok, has laid off greater than 700 employees from its Malaysian unit as the corporate shifts focus in direction of larger use of AI in content material moderation, two sources aware of the matter advised Reuters. 

The workers, most of whom had been concerned within the agency’s content material moderation operations, had been knowledgeable of their dismissal by e mail late Wednesday, the sources mentioned, requesting anonymity as they weren’t licensed to talk to media.

In response to Reuters’ queries, TikTok confirmed the layoffs on Friday, however mentioned it was unable to offer a exact determine on the variety of workers affected in Malaysia.

It anticipates that a number of a whole lot might be impacted globally as a part of a wider plan to enhance its moderation operations. TikTok employs a mixture of automated detection and human moderators to evaluate content material posted on the positioning.

Bytedance has over 110,000 workers in additional than 200 cities globally, in accordance with the corporate web site.

The know-how agency can also be planning extra retrenchments subsequent month because it appears to consolidate a few of its regional operations, one of many sources mentioned. 

“We’re making these modifications as a part of our ongoing efforts to additional strengthen our world working mannequin for content material moderation,” a TikTok spokesperson mentioned in a press release.

The corporate expects to take a position $2 billion globally in belief and security this 12 months and can proceed to enhance effectivity, with 80% of guideline-violating content material now eliminated by automated applied sciences, the spokesperson mentioned.

The layoffs had been first reported by enterprise portal The Malaysian Reserve on Thursday.  

The job cuts happen as world tech corporations face larger regulatory stress in Malaysia, the place the federal government has requested social media operators to use for an working licence by January as a part of an effort to fight cyber offences.

Malaysia reported a pointy enhance in dangerous social media content material earlier this 12 months and urged corporations, together with TikTok, to step up monitoring on their platforms.



Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article Mankind Pharma's Rs 10,000 crore debt wager on Bharat Serums: Masterstroke or dangerous gamble? Mankind Pharma's Rs 10,000 crore debt wager on Bharat Serums: Masterstroke or dangerous gamble?
Next Article Q2 earnings: Stress amps up on Infosys, Wipro to beat excessive expectations amid India correction woes Q2 earnings: Stress amps up on Infosys, Wipro to beat excessive expectations amid India correction woes
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
This 26-year-old’s blue-collar enterprise brings in .3 million a 12 months
This 26-year-old’s blue-collar enterprise brings in $1.3 million a 12 months
November 24, 2025
Pibit.AI raises M from Stellaris Enterprise Companions to construct trusted AI for the insurance coverage {industry}
Pibit.AI raises $7M from Stellaris Enterprise Companions to construct trusted AI for the insurance coverage {industry}
November 24, 2025
RVNL Wins Rs 181 Crore NE Railway Order; Shares Commerce Flat
RVNL Wins Rs 181 Crore NE Railway Order; Shares Commerce Flat
November 24, 2025
Barclays upgrades GN Retailer Nord inventory to Obese on earnings inflection
Barclays upgrades GN Retailer Nord inventory to Obese on earnings inflection
November 24, 2025
Is It Truly Value Rs. 3,000?
Is It Truly Value Rs. 3,000?
November 24, 2025

You Might Also Like

Trump goals to clinch cope with China’s Xi throughout Asia journey
Global Markets

Trump goals to clinch cope with China’s Xi throughout Asia journey

8 Min Read
CAG Earnings: Highlights of Conagra Manufacturers’ Q3 2025 report
Global Markets

CAG Earnings: Highlights of Conagra Manufacturers’ Q3 2025 report

1 Min Read
KeyBanc touts thermal administration inventory benefiting from information facilities
Global Markets

KeyBanc touts thermal administration inventory benefiting from information facilities

2 Min Read
Earnings Abstract: DexCom stories preliminary This fall 2024 outcomes
Global Markets

Earnings Abstract: DexCom stories preliminary This fall 2024 outcomes

1 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

This 26-year-old’s blue-collar enterprise brings in $1.3 million a 12 months
Pibit.AI raises $7M from Stellaris Enterprise Companions to construct trusted AI for the insurance coverage {industry}
RVNL Wins Rs 181 Crore NE Railway Order; Shares Commerce Flat

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up