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Tag: TikTok

Trump signals tariff reduction to secure TikTok sale
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Trump signals tariff reduction to secure TikTok sale

United States President Donald Trump announced on Wednesday that he is open to reducing tariffs on China to facilitate a deal for ByteDance, the Chinese parent company of TikTok, to sell the popular short-video app used by 170 million Americans. ByteDance faces an April 5 deadline to divest TikTok to a non-Chinese buyer or risk […]

As TikTok’s future in the United States remains uncertain, the company has begun testing a new platform aimed at supporting artists in their careers.
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US senators advice Trump on how to avoid TikTok shutdown

Three Democratic senators are calling on President Donald Trump to collaborate with Congress to prevent TikTok from being banned in the U.S. after April 5th. Senators Ed Markey, Chris Van Hollen, and Cory Booker argue that Trump’s approach—delaying enforcement through executive action—puts TikTok’s service providers at risk of massive legal liability. The law, passed overwhelmingly […]

White House leads TikTok acquisition deal
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White House leads TikTok acquisition deal

The White House is spearheading negotiations on the future of TikTok, with discussions centering around a plan for major United States investors in parent company ByteDance to increase their stakes and acquire the app’s U.S. operations, sources familiar with the talks revealed. The proposed deal would create a separate U.S. entity for TikTok, reducing Chinese […]

TikTok unveils feature to allow users add for video context
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TikTok users in Albania lose access as government ban takes effect

TikTok users in Albania reported difficulties accessing the popular video app on Thursday, as a one-year government ban officially came into force, driven by concerns that social media is contributing to youth violence both in and out of schools. The ban places Albania among more than 20 countries that have either fully or partially restricted […]

Trump signs executive order establishing US Bitcoin reserve
Tech

Trump reveals negotiation with four potential buyers for TikTok

United States President Donald Trump stated on Sunday that he was in negotiations with four potential buyers for TikTok’s U.S. operations and that a deal could be finalized soon. “We’re dealing with four different groups, and a lot of people want it,” Trump told reporters aboard Air Force One on Sunday. He didn’t specify the […]

ByteDance increases share buyback offer amid TikTok uncertainty
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ByteDance increases share buyback offer amid TikTok uncertainty

The Chinese parent company of TikTok, ByteDance, has launched a new share repurchase program for its U.S. employees, offering to buy back shares at a higher valuation than six months ago, Reuters reported on Tuesday. The company has informed its U.S.-based employees that it is offering $189.90 per share, an 11% increase from last year’s […]

Bid for TikTok tightens as Reddit co-founder joins
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Bid for TikTok tightens as Reddit co-founder joins

Billionaire Frank McCourt announced on Monday that Alexis Ohanian, co-founder of Reddit and a venture capitalist, has joined his bid to acquire TikTok’s U.S. operations. Ohanian, an internet pioneer, founded Reddit with his University of Virginia roommate. He sold the platform to Conde Nast in 2006, later returning in 2014 as executive chairman to lead […]

Britain probes TikTok, Reddit over children's privacy
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Britain probes TikTok, Reddit over children’s privacy

Britain’s Information Commissioner’s Office has launched an investigation into how TikTok, Reddit, and online image-sharing platform Imgur protect children’s privacy. The probe will examine how TikTok, owned by Chinese company ByteDance, uses the personal information of 13 to 17-year-olds to suggest content in their feeds. Additionally, Reddit and Imgur are being scrutinized for their methods […]

Substack introduces video feed to challenge TikTok
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Substack expands video monetization amid TikTok uncertainty

Substack is ramping up its efforts to attract creators by enhancing its video offerings as TikTok’s future in the U.S. remains uncertain. The company announced on Wednesday that creators can now monetize their videos and publish video posts directly from the Substack app. Previously, creators could share videos in Notes, Substack’s Twitter-like feed, but that […]

TikTok removes more Universal Music songs as conflict worsens
Tech

TikTok restored on Apple, Google app stores in US

TikTok returned to the United States Apple and Google app stores Thursday evening after being removed on Jan. 18. The Chinese-owned social media platform was taken down after its leadership temporarily suspended U.S. operations in response to a national security law that went into effect the next day. Nearly a month later, TikTok is once […]

TikTok unveils feature to allow users add for video context
News

Microsoft in talks to acquire TikTok’s US operations

United States President Donald Trump has revealed that Microsoft is in discussions to acquire TikTok’s U.S. operations, Bloomberg reports. While he did not provide specific details, Trump emphasized the widespread interest in the ByteDance-owned social media platform, noting, “There’s great interest in TikTok” and predicting “a lot of people bidding on it.” Back in 2020, […]

Frank McCourt open to joint bid for TikTok’s US operations
News

Frank McCourt open to joint bid for TikTok’s US operations

United States businessman Frank McCourt has expressed willingness to collaborate with other buyers on a bid for TikTok’s U.S. operations, provided he retains control of the asset. Speaking at the World Economic Forum in Davos on Thursday, McCourt emphasized that capital was not a barrier, citing interest from private equity firms and family offices eager […]

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