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Page 3 - Bytedance

TikTok, ByteDance sue to block US law seeking divestiture or ban of app

Driven by worries among U.S. lawmakers that China could access data on Americans or spy on them with the app, the measure was passed overwhelmingly in Congress just weeks after being introduced

TikTok, ByteDance sue to block US law seeking divestiture or ban of app
Updated On : 07 May 2024 | 10:08 PM IST

Instagram, YouTube likely to be biggest beneficiary of US TikTok ban

Adult US TikTok users spend an average of 54 minutes on the app on any given day, more than Instagram, Snapchat or YouTube, according to research firm eMarketer. If TikTok were to disappear, those platforms along with younger, smaller emerging rivals would be scrambling for those valuable minutes of people's attention. But with an actual ban still likely years away, it's not clear what app will be its biggest beneficiary. Meta, which owns Facebook and Instagram, may see more advertisers amid uncertainty for its biggest rival, according to analysts who follow the company. Creators, dealing with uncertainty themselves are also expanding to other platforms if they weren't already. But users, especially the younger ones who are TikTok's bread and butter, are less predictable. Will they embrace Instagram, a possibly uncool mom favorite? Or could a newer app like Triller rise to viral fame? Here's a look at some notable TikTok alternatives and how they measure up. INSTAGRAM Meta has a

Instagram, YouTube likely to be biggest beneficiary of US TikTok ban
Updated On : 27 Apr 2024 | 7:08 PM IST

TikTok's US-based general counsel Erich Andersen to step down from role

Erich Andersen, the US-based general counsel for TikTok and its Chinese parent company ByteDance Ltd, is stepping down from that role, the social media app said

TikTok's US-based general counsel Erich Andersen to step down from role
Updated On : 27 Apr 2024 | 7:55 AM IST

TikTok could soon be sold: What's next for Chinese app in the US?

US President Joe Biden signed into law a landmark bill that gives TikTok a tough choice: sell or be banned

TikTok could soon be sold: What's next for Chinese app in the US?
Updated On : 26 Apr 2024 | 12:43 PM IST

TikTok owner ByteDance would rather shut down app in US than sell it

US President Joe Biden signs bill that would ban TikTok if its parent company ByteDance did not divest the app within 270 days

TikTok owner ByteDance would rather shut down app in US than sell it
Updated On : 26 Apr 2024 | 10:53 AM IST

Senate passes bill forcing ByteDance to divest TikTok's US ops or face ban

TikTok, which says it has not shared and would not share US user data with the Chinese government, has argued the law amounts to a ban that would violate the US free speech rights of its users

Senate passes bill forcing ByteDance to divest TikTok's US ops or face ban
Updated On : 25 Apr 2024 | 4:18 PM IST

US Senate votes in favor of bill to force TikTok divestment or face ban

The measure, passed by the U.S. House of Representatives on Saturday, has been driven by concerns that China could access Americans' data or surveil them with the app

US Senate votes in favor of bill to force TikTok divestment or face ban
Updated On : 25 Apr 2024 | 4:17 PM IST

TikTok braces for US divest-or-ban law as it gears up for fresh legal fight

That action would be an unprecedented move by Congress to use legislation to threaten the ban of a large consumer technology platform

TikTok braces for US divest-or-ban law as it gears up for fresh legal fight
Updated On : 22 Apr 2024 | 8:48 AM IST

Chinese TikTok sellers complain of strict rules on selling in US mkt

TikTok, used by about 170 mn Americans, has been seeking to strike the right balance between pursuing rapid growth and managing regulatory risks

Chinese TikTok sellers complain of strict rules on selling in US mkt
Updated On : 27 Mar 2024 | 10:04 AM IST

US TikTok creators warn of economic hit if app banned, call it vital space

Alex Pearlman shut the door on dreams of a standup comedy career almost a decade ago, pivoting from the stage to an office cubicle where he worked a customer service job. Then he started posting random jokes and commentary about pop culture and politics on TikTok. Just over 2.5 million followers later, he quit his nine-to-five and recently booked his first nationwide tour. Pearlman is among the many TikTok creators across the U.S. outraged over a bipartisan bill passed by the House of Representatives on Wednesday that would lead to a nationwide ban of the popular video app if its China-based owner, ByteDance, doesn't sell its stake. The bill still needs to go through the Senate, where its prospects are unclear. Content creators say a ban would hurt countless people and businesses that rely on TikTok for a significant portion of their income, while also arguing TikTok has become an unrivaled platform for dialogue and community. Pearlman, who lives outside Philadelphia, said TikTok h

US TikTok creators warn of economic hit if app banned, call it vital space
Updated On : 16 Mar 2024 | 10:34 AM IST

US' proposed ban on TikTok 'not fair', says China's foreign ministry

legislators have raised fears that TikTok's US user data could be passed on to China's government

US' proposed ban on TikTok 'not fair', says China's foreign ministry
Updated On : 14 Mar 2024 | 11:14 PM IST

US lawmakers cite India as they vote on bill to regulate TikTok ownership

US lawmakers on Wednesday cited the bold move by India to ban TikTok four years ago as they voted in support of legislation about the Chinese app. In a major bipartisan move, the House of Representatives passed by 352 to 65 votes the Protecting Americans From Foreign Adversary Controlled Applications Act co-authored by Indian American Congressman Raja Krishnamoorthi, a Democrat, and Congressman Mike Gallaghe from the Republican party. The bill, which seeks to control the ownership of foreign apps like TikTok in the US, now heads to the Senate for it to be sent to the White House for the President to sign it into law. Several lawmakers referred to the decision taken by India in 2020 to ban the app. In 2020, India banned 59 Chinese-created apps, including TikTok, emphasising their priority to defend India's national security, said the office of Congressman Greg Murphy in a statement. Lack of transparency from TikTok executives and their unwillingness to protect user privacy and ...

US lawmakers cite India as they vote on bill to regulate TikTok ownership
Updated On : 14 Mar 2024 | 8:41 AM IST

US House to vote on bill that decides ByteDance-owned TikTok's fate in US

Tiktok CEO Shou Zi Chew will visit Capitol Hill on Wednesday on a previously scheduled trip to talk to senators, a source briefed on the matter said

US House to vote on bill that decides ByteDance-owned TikTok's fate in US
Updated On : 13 Mar 2024 | 10:46 AM IST

TikTok CEO pledges $2 bn during testimony to protect 170 mn US Users

It's Chew's second time testifying before Congress. Last year, he was called to a hearing in the House focused on the potential national security threats stemming from its Chinese ownership

TikTok CEO pledges $2 bn during testimony to protect 170 mn US Users
Updated On : 31 Jan 2024 | 6:03 PM IST

TikTok owner ByteDance's chief warns against mediocrity as AI disrupts

ByteDance is often seen as the world's leading company on algorithms because its flagship apps such as TikTok, Douyin and Toutiao are powered by commanding recommendation engines

TikTok owner ByteDance's chief warns against mediocrity as AI disrupts
Updated On : 31 Jan 2024 | 4:34 PM IST

TikTok parent ByteDance to shut down music streaming service Resso in India

ByteDance, best known for its short video app TikTok, launched Resso in India, Indonesia, and Brazil in March 2020

TikTok parent ByteDance to shut down music streaming service Resso in India
Updated On : 11 Jan 2024 | 6:22 PM IST

In talks with multiple prospective buyers of gaming assets: ByteDance

The firm stopped working on unreleased games and planned to divest of titles already launched, people familiar with the matter told Reuters at the time

In talks with multiple prospective buyers of gaming assets: ByteDance
Updated On : 10 Jan 2024 | 11:21 AM IST

TikTok owner ByteDance in talks with Tencent, others to sell gaming assets

Talks are ongoing but no deal has been reached, a ByteDance spokesperson told Reuters

TikTok owner ByteDance in talks with Tencent, others to sell gaming assets
Updated On : 09 Jan 2024 | 11:58 PM IST

TikTok eyes $17.5 billion shopping business on Amazon's turf: Reports

The 2024 merchandise volume goal for the US version of TikTok Shop - which melds online entertainment with impulse buying - was discussed in internal meetings in recent weeks

TikTok eyes $17.5 billion shopping business on Amazon's turf: Reports
Updated On : 04 Jan 2024 | 8:22 AM IST

ByteDance to fire hundreds and shut Nuverse in major gaming retreat

TikTok's owner will fire several hundred people, unwind projects under development and weigh potential sales of existing titles, people familiar with the matter said

ByteDance to fire hundreds and shut Nuverse in major gaming retreat
Updated On : 27 Nov 2023 | 8:54 AM IST