Tag: Tik Tok

EXCLUSIVE ByteDance says India’s freeze on bank accounts is harassment – court filing

China’s ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, according to a filing seen by Reuters. ByteDance in January reduced its Indian workforce after New Delhi maintained a […]

EXCLUSIVE TikTok considers introducing group chat feature this year -sources

Video-sharing platform TikTok may launch a group messaging feature this year, people with knowledge of the discussions told Reuters, putting the Chinese-owned app in more direct competition with social media rivals such as Facebook (FB.O). Group messaging is part of owner ByteDance’s plan to develop TikTok into more of […]

TikTok’s U.S. ad business roars back as Trump’s threats recede

Accused by the Trump administration of being a front for the Chinese government, TikTok’s ad business looked bleak last July. Big brands backed off on spending even as TikTok executives offered refunds to advertisers in the event the hot social media platform were to be banned from operating […]

ByteDance gets Trump nod to avoid TikTok shutdown

WASHINGTON/NEW YORK – U.S. President Donald Trump said on Saturday he supported a deal in principle that would allow TikTok to continue to operate in the United States, even as it appeared to conflict with his earlier order for China’s ByteDance to divest the video app. ByteDance was […]

US bans WeChat, TikTok citing privacy, national security

WASHINGTON — The U.S. will ban the downloads of the Chinese apps TikTok and WeChat on Sunday, with a total ban on the use of the latter, citing national security and data privacy concerns. A total ban on the use of TikTok will follow on Nov. 12, but […]

Q&A: What does a deal between TikTok and Oracle mean?

HONG KONG — ByteDance, the Chinese company that owns the popular video-sharing app TikTok, has chosen Oracle over Microsoft as a new American technology partner to help keep the app operating in the U.S., according to a person familiar with the deal. The move comes a week before […]

China’s new tech export controls could give Beijing a say in TikTok sale

BEIJING/SHANGHAI – China’s new rules around tech exports mean ByteDance’s sale of TikTok’s U.S. operations could need Beijing’s approval, a Chinese trade expert told state media, a requirement that would complicate the forced and politically charged divestment. ByteDance has been ordered by President Donald Trump to divest short […]

Microsoft in advanced talks to buy TikTok’s US business

NEW YORK — Microsoft is in advanced talks to buy the U.S. operations of TikTok, the popular Chinese-owned video app that has been a source of national security and censorship concerns, according to a person familiar with the discussions who spoke only on condition of anonymity because of […]

Exclusive: TikTok owner ByteDance moves to shift power out of China – sources

BEIJING/NEW YORK/WASHINGTON  – TikTok’s poaching of Disney’s Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the […]

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