Page 5 - Tiktok

Data privacy: Irish privacy watchdog hits TikTok with 530 mn euro fine

European Union privacy watchdogs fined TikTok 530 million euros ($600 million) on Friday after a four-year investigation found that the video sharing app's data transfers to China breached strict data privacy rules in the EU. Ireland's Data Protection Commission also sanctioned TikTok for not being transparent with users about where their personal data was being sent and it ordered the company to comply with the rules within six months. The Irish national watchdog serves as TikTok's lead data privacy regulator in the 27-nation EU because the company's European headquarters is based in Dublin. TikTok failed to verify, guarantee and demonstrate that the personal data of (European) users, remotely accessed by staff in China, was afforded a level of protection essentially equivalent to that guaranteed within the EU, Deputy Commissioner Graham Doyle said in a statement. TikTok said it disagreed with the decision and plans to appeal. The company said in a blog post that the decision foc

TikTok to enter online shopping business in Japan to expand outside US

TikTok is trying to grow its business outside the US, where it is still waiting for a final deal that will allow it to continue operating

How a viral TikTok chocolate trend is shaking up global pistachio trade

A viral pistachio-filled chocolate bar from Dubai has sent TikTok into a frenzy - fuelling global demand, straining supplies, and pushing nut prices to record highs

Meta's biggest antitrust trial could force Zuckerberg to sell Instagram

The FTC claims that Meta bought Instagram and WhatsApp to crush competition and establish an illegal monopoly in the social media market

'TikTok deal was close, but China changed because of tariffs,' says Trump

Trump stated that China would have approved the deal in 15 minutes if he had given a cut in tariffs

TikTok deal collapses as China objects to Trump's reciprocal tariffs

In a post on his Truth Social network, Trump reiterated his desire for China to help negotiate a sale and suggested that the US could provide tariff relief in exchange for Beijing's approval

Giving another 75 days to TikTok to find US buyer, says Prez Trump

President Donald Trump on Friday said is signing an executive order to keep TikTok running in the US for another 75 days to give his administration more time to broker a deal to bring the social media platform under American ownership. Congress had mandated that the platform be divested from China by Jan 19 or barred in the US on national security grounds, but Trump moved unilaterally to extend the deadline to this weekend, as he sought to negotiate an agreement to keep it running. Trump has recently entertained an array of offers from US businesses seeking to buy a share of the popular social media site, but China's ByteDance, which owns TikTok and its closely-held algorithm, has insisted the platform is not for sale. My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress, Trump posted on his social media platform. The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Ord

TikTok faces fine over $553 million for illegally shipping EU data to China

Ireland's data protection commission, the company's main regulator in Europe, will issue the penalty against TikTok before the end of the month

TikTok sale: As April 5 deadline nears, White House close to approving deal

It is worth noting that any deal would require approval from President Trump, as well as TikTok's parent company, Bytedance, and the Chinese government

Amazon submits bid to White House for buying TikTok as sale deadline nears

Even if Amazon's bid fails to gain traction inside the White House, the company's interest could compel other suitors to pay more, which squeezes more money out of a potential rival

With TikTok ban looming, Trump signals deal will come before Apr 5 deadline

As the deadline to strike a deal over TikTok approaches this week, President Donald Trump has signalled that he is confident his administration can broker an agreement with ByteDance, the social media app's China-based parent company. Speaking with reporters on Air Force One late Sunday, Trump said that there's tremendous interest in Tiktok." He added that he would like to see TikTok remain alive. The president's comments came less than one week before an April deadline requiring ByteDance to divest or face a ban in the United States. We have a lot of potential buyers, Trump said. Trump also said that the administration is dealing with China who also want it because they may have something to do with it. Last week, Trump said he would consider a reduction in tariffs on China if that country's government approves a sale of TikTok's operations in the US. Questions about the fate of the popular video sharing app have continued to linger since a law requiring ByteDance's divestment too

Donald Trump may give China reduction in tariffs to get TikTok deal done

ByteDance has an April 5 deadline to find a non-Chinese buyer for TikTok or face a US ban on national security grounds

TikTok faces April 5 ban: Will Trump step in or let the deadline stand?

After assuming office, Donald Trump issued an executive order granting TikTok a 75-day delay, pushing the ban to April 5. Yet, TikTok has taken no steps to prevent the looming restriction

Trump administration in talks with 4 buyers for TikTok's US business

Even though the President did not mention which four companies are involved, he did mention that a 'lot of people want it' and 'all options were good'

UK investigates TikTok, Reddit over children's personal data practices

Social media companies use complex algorithms to prioritise content and keep users engaged

TikTok layoffs staff at trust and safety unit as part of restructuring

Last year, the company laid off hundreds of employees from its global workforce, including a large number of staff in Malaysia as it shifts focus towards a greater use of AI in content moderation

China's DeepSeek AI shared user data with ByteDance, claims South Korea

On Sunday, the South Korean government temporarily halted new downloads of DeepSeek due to concerns over its data collection practices

Apple, Google restore TikTok app after assurances from Donald Trump

The two companies had removed TikTok in the US last month to comply with a law passed in 2024

Apple, Google restore TikTok app after getting assurances from Trump

The move follows weeks of uncertainty about TikTok's future, and there's still no guarantee that it will survive in the US in the long run

Don't use TikTok personally, not interested in buying its US biz, says Musk

He made the comments - his first on the topic of him buying TikTok - at a conference in Germany hosted by Mathias Doepfner