While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.
The Supreme Court has upheld a new law that could ban TikTok in the U.S. unless its Chinese parent company divests from the very popular video-sharing social media app. The justices said the "Protecting Americans from Foreign Adversary Controlled Applications Act" doesn't violate the First
The looming TikTok ban presents a multibillion-dollar headache for app store operators Apple and Google – as well as other Big Tech giants like Microsoft and Amazon that count its Chinese parent company ByteDance as a business partner.
More than 170 million users in the US are waiting to see what the Supreme Court decides in the case of TikTok’s ban in the country. China-owned ByteDance, the parent company of TikTok, has said it will not abide by congressional legislation that obligates it to sell the platform to a US owner by Sunday,
A U.S. federal appeals court ruled in favor of upholding a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban. President-elect Donald Trump has said he will not allow TikTok,
RedNote has become one of China’s fastest-growing social platforms, with a value of over $17 billion, as per the Financial Times.
Like its popular relation, Lemon8 is owned by China-based ByteDance, whose collection of internationally available apps also includes the video editing app CapCut and the photo and art editing app Hypic. In addition, the company operates Douyin ...
Officials in Beijing are discussing using Elon Musk as a broker in a potential sale of TikTok’s US operations, days before the Chinese-owned social media app faces a ban from Washington, according to two people familiar with the talks.
Plus, Joe Biden leaves the White House, Wall Street banks report earnings, and confidential MI5 files are made public
Starting in 2017, when the Chinese social video app merged with its competitor Musical.ly, TikTok has grown from a niche teen app into a global trendsetter. While, of course, also emerging as a potential national security threat, according to U.S. officials.
TikTok may be banned in the U.S. over the weekend, but Americans are heading to another Chinese-owned video platform: RedNote.
The company argued that the law, citing potential Chinese threats to the nation’s security, violated its First Amendment rights and those of its 170 million users.