US President Donald Trump has revealed that his administration is in discussions with four groups regarding the sale of Chinese-owned social media platform TikTok, as per a recent report by Reuters.
TikTok has laid off at least a dozen employees from its trust and safety team in Singapore as part of a global restructuring effort aimed at aligning its operations with long-term growth plans, according to a report by The Straits Times.
Elon Musk has dismissed speculation that he plans to buy TikTok, the popular short-video app facing a potential US ban over security concerns. His comments come as US lawmakers push for action against TikTok’s Chinese owner, ByteDance, over alleged security risks.
An effort to reach beyond the mainstream media
TikTok is facing down a US law that ordered the company to divest from its Chinese owner ByteDance or be banned in the United States
Oracle and Microsoft are in talks to take over TikTok’s global operations, according to a report from National Public Radio (NPR), a US-based broadcasting platform. The plan would reduce Chinese ownership of the app and address security concerns tied to its parent company, ByteDance, states the report.
Instagram has announced a new video editing app called Edits, aimed at creators who produce videos on their phones. The app, unveiled by Instagram head Adam Mosseri in a video on Instagram, is positioned as a competitor to CapCut, the video editor app owned by TikTok's parent company ByteDance.
Trump promised to issue an executive order delaying the ban to allow time to "make a deal."
Coco Gauff wrote "RIP TikTok USA" and drew a broken heart on a camera lens shortly after reaching the Australian Open quarter-finals on Sunday after the popular app used by 170 million Americans stopped working in the United States.
The vibrant TikTok community in Bangladesh took centre stage last night as TikTok hosted the TikTok Creator Awards 2024 in the capital. Held for the second consecutive year in the country, the event celebrated the creative brilliance of Bangladeshi content creators who have revolutionised digital storytelling and entertainment.
A US federal court has ruled that TikTok’s parent company, ByteDance, must sell its US operations by January 19, 2025, or the app will be banned nationwide. The decision is being seen as a major win for the Justice Department, which has raised concerns about TikTok’s ties to the Chinese government, but it is a significant setback for ByteDance.
With how addictive social media is, the thought of putting your device down seems like a nightmare. Why get any work done when you can scroll and watch eye-catching reels instead?
ByteDance, the parent company of TikTok, is suing a former intern for 8 million yuan (about $1.1 million), accusing him of deliberately disrupting its artificial intelligence (AI) training operations. The lawsuit, filed in Beijing's Haidian District People's Court, has sparked widespread interest in China owing to its unique nature.
A critical ruling that could shape the future of TikTok in the United States is expected from the US Court of Appeals for the District of Columbia by December 6. The case centres on a controversial law requiring ByteDance, TikTok's Chinese parent company, to divest its US operations by January 19, 2025, or face a nationwide ban.
ByteDance, the parent company of TikTok, is valuing itself at approximately $300 billion through a new share buyback program, according to a report by the Wall Street Journal.
Canada has ordered TikTok to shut down its Canadian business, citing national security risks. Canadians will still be able to use TikTok, as the decision does not block general access to the app.
Australia's Prime Minister Anthony Albanese announced that his government will introduce legislation to prevent users under 16 from accessing social media platforms, citing the risks of online harm.
Seven French families have filed a lawsuit against social media platform TikTok, accusing the company of exposing their teenage children to content that allegedly contributed to their mental health decline, and for two of them, the cause of suicide.
Zhang Yiming, founder of TikTok’s parent company ByteDance, has become the richest person in China, with a personal wealth of $49.3 billion, according to the Hurun China Rich List 2024, an annual ranking of China's richest individuals.
