Page 12 - Tiktok

President Biden's campaign plans to stay on TikTok despite divestment law

TikTok has more than 170 million American users, according to the company. The platform has a significant number of Gen-Z and millennial voters, crucial voting blocs for Democrats

TikTok promises to sue over potential US ban. What's the legal outlook?

Legislation forcing TikTok's parent company to sell the video-sharing platform or face a ban in the U.S. received President Joe Biden's official signoff Wednesday. But the newly minted law could be in for an uphill battle in court. Critics of the sell-or-be-banned ultimatum argue it violates TikTok users' First Amendment rights. The app's China-based owner, ByteDance, has already promised to sue, calling the measure unconstitutional. But a court challenge's success is not is not guaranteed. The law's opponents, which include advocacy organizations like the American Civil Liberties Union, maintain that the government hasn't come close to justifying banning TikTok, while others say national-security claims could still prevail. For years, lawmakers on both sides of the aisle have expressed concerns that Chinese authorities could force ByteDance to hand over U.S. user data, or influence Americans by suppressing or promoting certain content on TikTok. The U.S. has yet to provide public .

Why did the US Senate pass the bill to ban TikTok?

The US Senate has passed a bill banning TikTok in the country. The bill is now awaiting President Joe Biden's signature. If the legislation is signed into law, TikTok could face a potential ban in 9

TikTok halts reward for watching video feature on new app in France, Spain

TikTok said on Wednesday that it's halting a feature on its new app rewarding users in Europe for watching videos, after facing pressure from regulators worried about its addictive features. The company backed down days after the European Union warned that the TikTok Lite app might have breached the 27-nation bloc's digital regulations when it launched earlier this month. The EU's executive Commission threatened to order the suspension of features that pose a risk to kids. TikTok always seeks to engage constructively with the EU Commission and other regulators," it said in a post on social media platform X. "We are therefore voluntarily suspending the rewards functions in TikTok Lite while we address the concerns that they have raised. TikTok Lite, which was rolled out in France and Spain, is a slimmed-down version of the main TikTok app that lets users earn rewards. Points earned by watching videos, liking content and following content creators can then be exchanged for rewards ...

US ban on TikTok looms with Biden poised to start 270-day countdown

Under the bill, Biden has the option to extend that deadline by an additional 90 days if he sees progress toward a sale. That would push a possible ban well into the next presidential term

China's fake-fashion retailers thrive on TikTok, Reddit and Discord

In a video posted to his TikTok channel and viewed by nearly 2 million people, King unwrapped £2,000 (​​$2,488) worth of seemingly high-end Nike shoes, new in their boxes

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 set to remove key executive tasked with fending off US claims

"That is 100% false," said TikTok spokesperson Alex Haurek, when asked for comment on whether the company is set to remove Andersen from his role

US House votes for possible TikTok ban, but will the app go away soon

The House passed legislation on Saturday that would ban TikTok in the United States if the popular social media platform's China-based owner doesn't sell its stake within a year, but don't expect the app to go away anytime soon. The decision by House Republicans to include TikTok as part of a larger foreign aid package, a priority for President Joe Biden with broad congressional support for Ukraine and Israel, fast-tracked the ban after an earlier version had stalled in the Senate. A standalone bill with a six-month selling deadline passed the House in March by an overwhelming bipartisan vote as both Democrats and Republicans voiced national security concerns about the app's owner, the Chinese technology firm ByteDance Ltd. The modified measure now goes to the Senate after negotiations that produced a compromise. Even if the legislation becomes law, though, the company would have up to a year to find a buyer and would likely try to challenge the law in court, arguing it would depriv

Apple removes WhatsApp, Threads from its China App Store on Beijing request

US politicians have cited national security concerns in their push to force the company to either sell TikTok to a non-Chinese owner or face a ban in the US market

US ban on TikTok over ownership issues gets major boost from Republicans

Legislation that could ban TikTok in the US if its China-based owner doesn't sell its stake won a major boost late Wednesday when House Republican leaders included it in a package of bills that would send aid to Ukraine and Israel. The bill could be law as soon as next week if Congress moves quickly. The TikTok legislation, which passed the House in March and has widespread support in both chambers, was included in the House foreign policy package after negotiations with the Senate over how long the Chinese technology firm ByteDance Ltd would have to sell its stake for the app to continue operating in the United States. President Joe Biden has said he would sign the TikTok legislation if it reaches his desk. The bill was included in the national security package after it won a key endorsement from Senate Commerce Committee Chairwoman Maria Cantwell, who said in a statement that she had successfully pushed to extend the period from six months to a year to give the company enough time

European Union questions TikTok on new app that pays users for watching

European Union regulators said Wednesday they're seeking details from TikTok on a new app from the video sharing platform that pays users to watch videos. The European Commission said it sent TikTok a request for information on the TikTok Lite app that has been quietly released in France and Spain. The commission wants to know about the risk assessment that TikTok should have carried out before deploying the app in the European Union. We have already been in direct contact with the Commission regarding this product and will respond to the request for information," TikTok said in a statement. Such evaluations are required under the bloc's Digital Services Act, a sweeping law that took effect last year with the aim of cleaning up social media platforms. The commission is the 27-nation bloc's executive arm and top enforcer of digital regulations. TikTok Lite lets users "earn great rewards," according to its app store listing. The app, which launched this month in France and Spain, is

US Treasury seeks more review authority over deals with foreign firms

U.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors. This comes as high-profile deals involving foreign investment in the U.S. like Chinese firm ByteDance's ownership of popular social media app TikTok and Japanese firm Nippon Steel's bid to purchase Pittsburgh-based U.S. Steel Corp. receive increased scrutiny by lawmakers and even President Joe Biden. A new proposed rulemaking would strengthen powers for the interagency Committee on Foreign Investment in the United States known as CFIUS which is tasked with investigating corporate deals for national security concerns and holds power to force the company to divest ownership or change major parts of the firm. The rulemaking if finalized would expand the committee's subpoena authority, allow the committee to request more information from parties to a proposed sale and expand circumstances when fines can be imposed and their size

From overcapacity to TikTok, here are issues covered in Yellen's China trip

US Treasury Secretary Janet Yellen and her team are leaving China and returning to Washington after trying to tackle the major questions of the day between the countries. Here's a look at what she tried to accomplish, what was achieved, and where things stand for the world's two largest economies: UNFAIR TRADE PRACTICES Yellen said she wanted to go into the U.S.-China talks to address a major Biden administration complaint that Beijing's economic model and trade practices put American companies and workers at an unfair competitive disadvantage by producing highly subsidized solar products, electric vehicles and lithium-ion batteries at a loss, dominating the global market. Chinese government subsidies and other policy support have encouraged solar panel and EV makers in China to invest in factories, building far more production capacity than the domestic market can absorb. She calls this overcapacity. Throughout the week of meetings, she talked about the risks that come from one ..

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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

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

Facing possible ban from US govt, TikTok turns to its creators to fight it

Many of the creators have met with lawmakers and posted videos about their opposition to the bill with the hashtag #KeepTikTok, often with the irreverent humour the app is known for

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 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 ...