Entertainment

AdiTech’s World of Entertainment, Where Creativity Lives in Motion

AdiTech Commentaries Entertainment

Elon Musk’s X in Talks to Raise Funding at $44 Billion Valuation

Elon Musk’s social media platform, X (formerly Twitter) is reportedly to be in talks with investors to raise new capital at a $44 billion valuation the same price Musk paid when he acquired the company in October 2022. This development comes as X seeks to solidify its financial standing after a tumultuous period of restructuring […]

AdiTech Commentaries Entertainment

American Investors in ByteDance Unfazed by Potential U.S. TikTok Ban

In the face of regulatory pressures and the looming possibility of a U.S. ban on TikTok, American investors in ByteDance, the parent company of the popular video sharing app, remain optimistic about their investments. They believe that ByteDance’s robust growth in other markets, particularly China, will offset any potential losses incurred from a U.S. ban.

AdiTech Commentaries Entertainment

TikTok’s Parent Company being required to Divest in “USA”

Divestment in this context means that ByteDance, the Chinese parent company of TikTok, must sell its U.S. operations to a company or investors that are not under Chinese control. This requirement comes from the U.S. government’s concerns over national security and data privacy, fearing that the Chinese government could access American user data through TikTok.

AdiTech Commentaries Entertainment

TikTok’s USA Current Status

As of February 13, 2025, TikTok’s status in the United States is marked by legal challenges and political interventions. The Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA), enacted in April 2024, mandated that TikTok’s parent company, ByteDance, divest its U.S. operations by January 19, 2025, due to national security concerns. ByteDance contested this

AdiTech Commentaries Entertainment

The TikTok Ban and the Rush to Xiaohongshu (RedNote): A New Era in Social Media Migration

The recent TikTok ban has once again shaken the digital landscape, forcing millions of users to seek alternatives. As one of the most popular social media apps in the U.S., TikTok’s removal from app stores has left creators and audiences scrambling for a new home. Surprisingly, many have turned to Xiaohongshu (RedNote), a Chinese social

AdiTech Commentaries Artificial intelligence Business Insights Entertainment

Krafton’s $136 Million Investment: Expanding Beyond PUBG with New Game Studios

Hope we all know what PUBG is about? PUBG: Battlegrounds, developed by Krafton, is one of the most influential games in the battle royale genre. Launched in 2017, it set the stage for the popularity of competitive online multiplayer games, allowing millions of players around the world to join intense, action packed matches. But, as

Scroll to Top