Page 2 - Tiktok

European Union accuses Meta, TikTok of breaching transparency rules

The European Union on Friday said Meta and TikTok had breached their transparency obligations after an investigation that could result in billions of dollars in fines. The inquiry found both companies had violated the Digital Services Act, the EU's trailblazing digital rule book that imposes a set of strict requirements designed to keep internet users safe online, including making it easier to report counterfeit or unsafe goods or flag harmful or illegal content like hate speech, as well as a ban on ads targeted at children. We are making sure platforms are accountable for their services, as ensured by EU law, towards users and society, said Henna Virkunnen, the EU's executive vice president for tech sovereignty, security and democracy, in a post on X. Our democracies depend on trust. That means platforms must empower users, respect their rights, and open their systems to scrutiny. The DSA makes this a duty, not a choice. The 27-nation bloc launched investigations in 2024 into both

US President Donald Trump calls TikTok deal with China 'very necessary'

Trump further lauded the rise of American dominance in the field of AI

TikTok: When an unstoppable app meets an immovable political force

TikTok has been banned in the US since January 2025. There have been back-and-forth negotiations about an enforced selloff of TikTok US for years

Trump to meet Xi Jinping in four weeks, vows support for US soybean farmers

Trump says US soybean farmers are being hurt as China isn't buying for "negotiating" reasons and vows to use tariff revenue to support them

Oracle's role as TikTok data protector criticised as rehash of earlier plan

TikTok and Oracle have spent years and billions securing US user data under "Project Texas," closely resembling the plan Trump outlined this week

TikTok US sale: Why experts say $14 billion price tag is undervalued?

The proposed deal, backed by President Donald Trump, would carve out TikTok US into a new joint venture, cutting ByteDance's stake to below 20 per cent

Prized TikTok US business valued like boring blue chip in $14 billion deal

The rough estimate, cited by Vice President JD Vance on Thursday, is well below previous projections that scaled closer to $40 billion

Trump signs order for TikTok US sale, cuts ByteDance stake below 20%

In an order signed at the White House, Trump said the deal meets the 2024 law requiring ByteDance to divest control or face a nationwide ban in the US

TikTok tracked and collected Canadian children's personal data, probe finds

A Canadian investigation found TikTok collected sensitive data from children and failed to block underage users; the company has agreed to improve safety and privacy measures

Is the TikTok uncertainty finally ending? | Trump, Xi prepare for talks | US-China trade

A breakthrough may be in sight for TikTok’s future in the US. After high-level trade talks in Madrid, Washington and Beijing say they’ve reached a framework agreement on the app’s ownership.

Oracle to oversee TikTok's US operations, deal likely this week: WH

ByteDance will own less than 20% while TikTok US will be controlled by a mix of its existing US and global firms as well as a significant number of new investors who have no affiliation with ByteDance

Social media firms lose bid to stop expert testimony on how it harms youth

LA judge said testimony for all but one of 11 proposed witnesses could be presented at trial, but that all of the experts would be prohibited from discussing the intent of the social media companies

Lachlan Murdoch, Michael Dell, Ellison involved in TikTok deal: Trump

Trump has said the U.S. and China have made progress on a deal requiring TikTok's American assets to be transferred to US owners from China's ByteDance

TikTok deal with China ensures US control of board, algorithm: White House

An emerging TikTok deal with China will ensure that US companies control the algorithm that powers the app's video feed and Americans will hold a majority of seats on a board overseeing US operations, the White House said Saturday. A central question to the tug of war between Washington and Beijing has been whether the popular social video platform would keep its algorithm after the potential divestment of Chinese parent company ByteDance. Congress passed legislation calling for a TikTok ban to go into effect in January, but President Donald Trump has repeatedly signed orders that have allowed TikTok to keep operating in the United States as his administration tries to reach agreement for ByteDance to sell its US operations. White House press secretary Karoline Leavitt said tech giant Oracle would be responsible for the app's data and security and that Americans will control six of the seven seats for a planned board. We are 100 per cent confident that a deal is done, now that deal

Xi urges fair treatment of Chinese firms as TikTok deal nears approval

In his call with US President Donald Trump, Chinese President Xi pressed Washington to avoid restrictive trade measures and safeguard the progress made in earlier talks to ease economic tensions

Xi presses Trump to end tariffs, says Beijing open to TikTok talks

President Trump, however, suggested in a post that the two leaders had already reached an approval for the sale of TikTok's US operations

Trump, Xi Jinping discuss TikTok and trade tensions in phone call: Reports

The agreement is at the top of the agenda alongside trade for the leaders' first known call in three months

Larry Ellison: Billionaire Trump ally who will soon reshape US news media

Ellison's Hollywood and Big Media push could outsize Bezos' Washington Post and Benioff's Time buys, which were viewed as costly hobbies rather than transformative media power plays

TikTok US operations buyers to include Oracle, Silver Lake, and Andreessen

If finalised, a deal will resolve a sticking point in Beijing-Washington relations and help shape the fate of China's most valuable private company

What to know about TikTok, algorithm, US-China deal to keep it running

A central question to TikTok's potential shutdown saga has been whether the popular social video platform would keep its algorithm the secret sauce that powers its addictive video feed after it's divested from Chinese parent company ByteDance. Now, it appears that it can. Wang Jingtao, deputy director of China's Central Cyberspace Affairs Commission, told reporters in Madrid Monday there was consensus on authorisation of the use of intellectual property rights such as (TikTok's) algorithm a main sticking point in the deal. The sides also agreed on entrusting a partner with handling US user data and content security, he said. But while China has agreed that a divested TikTok could use its algorithm, it's uncertain how that would work. What is the deal? Little is known about the actual deal in the works, including what companies are involved and whether the United States would have a stake in TikTok. Li Chenggang, China's international trade representative, said the two sides have