China would block sale of short video app
Visitors are visiting TikTok’s stand at the Appliance & Electronics World Expo (AWE) in Shanghai, China, on April 27, 2023. On March 14, 2024, the United States will pass a…
TikTok ban moves forward as House passes bill; fight shifts to Senate
The House approved a bill Wednesday that calls for China tech giant ByteDance to divest TikTok or the popular social video app will effectively be banned in the U.S. The…
U.S. spy chief ‘cannot rule out’ that China would use TikTok to influence U.S. elections
China could use social media app TikTok to influence the 2024 U.S. elections, U.S. Director of National Intelligence Avril Haines told a House of Representatives intelligence committee hearing on Tuesday.…
U.S. lawmakers push for ByteDance to divest TikTok or face ban
A bipartisan group of U.S. lawmakers introduced legislation on Tuesday to give China’s ByteDance about six months to divest popular short video app TikTok or face a U.S. ban, seeking…
China’s Bytedance says Zhang Nan resigns as Douyin Group’s CEO
On Wednesday, Bytedance, the owner of TikTok, announced the resignation of Zhang Nan from the position of CEO of Douyin Group, the sister app of the popular short video platform…
TikTok parent ByteDance offers share buyback at $268 billion valuation
Sheldon Cooper | LightRocket | Getty Images TikTok parent ByteDance plans to spend up to $5 billion buying back stock, a person familiar with the matter told CNBC, as one…
TikTok owner ByteDance axes hundreds of jobs in gaming unit
Sheldon Cooper | LightRocket | Getty Images TikTok parent company ByteDance is cutting hundreds of jobs in its gaming division, a person familiar with the matter told CNBC, marking a…
Alibaba CEO Eddie Wu warns of being ‘displaced’
Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba needs…
Threat of TikTok ban has creators seeking to build Instagram following
Chad Spangler filming a video. Courtesy: Chad Spangler As TikTok CEO Shou Zi Chew faced hours of grueling questioning from members of Congress in late March, small business owner Chad…
China-based ByteDance staff can still access some U.S. data
TikTok CEO Shou Zi Chew arrives to testify before the House Energy and Commerce Committee hearing on “TikTok: Jim Watson | AFP | Getty Images TikTok CEO Shou Zi Chew…