Despite facing mounting losses in its fast-growing TikTok business unit, ByteDance managed to surpass China’s long-standing tech giants Tencent and Alibaba for the first time by generating a record underlying profit last year. ByteDance reported a 79% surge in earnings
2020 Presidential candidate Tulsi Gabbard has branded the proposed Restrict Act a “Patriot Act 2.0 for the internet.” The ex-Congresswoman, who served as U.S. representative for Hawaii’s 2nd congressional district from 2013 to 2021, said on Twitter that the internet
Vietnam’s government has accused TikTok, Facebook, and YouTube of violating local regulations related to content and taxes, stating that while the platforms are global, they must adhere to local laws while operating within the country. The nation’s communications ministry has
China-owned video-sharing platform TikTok is on the verge of a nationwide ban in the United States. A possible ban will force more than 150 million users in the United States to uninstall the app, which will also affect 5 million
China-owned video-sharing platform TikTok is on the verge of a nationwide ban in the United States over security concerns. The proposed ban is being reviewed by Congress, but voices have started to rise against the restriction. TikTok currently has 150
China-owned social network TikTok was banned in India three years ago because of geopolitical tension between the two nations. However, the data of Indian users who once used TikTok is still accessible to Beijing-based Bytedance, according to Forbes. TikTok is
The U.S. government has demanded that TikTok’s Chinese owners ByteDance sell their shareholding in the widely popular video sharing app – or else face a ban, according to the Wall Street Journal. America cites “national security” as the reason for
TikTok has manipulated its own algorithm to promote certain tent pole moments such as the World Cup or when Taylor Swift first joined the platform, Business Insider reported. “We do promote content like the World Cup or when Taylor Swift
Shelly Palmer, a Professor of Advanced Media in Residence at Syracuse University, argues that TikTok poses no more of a threat than Twitter, Facebook, Snapchat, or other apps. ByteDance’s ubiquitous short video-sharing platform is facing continuous restrictions in the western
The European Parliament has banned TikTok from staff private phones and government-issued mobiles citing security concerns, reports Reuters. ByteDance’s ubiquitous TikTok is facing continuous restrictions in Europe and America. The legislation follows last week’s decision by both the European Commission
China has reportedly acquired minority stakes in the country’s big tech firms Tencent Holdings and Alibaba Group as it plans to tighten its oversight on online content. This comes after the government previously snapped up shares from TikTok’s owner ByteDance.
Seattle’s public school district has filed a lawsuit against social media giants Alphabet, Meta Platforms, Snap, and TikTok-owner ByteDance in the US District Court. The complaint, filed on Friday, claims that these tech giants intentionally designed their platforms to lure
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