ByteDance

India is riding high, adding more billionaires than ever and outpacing China's wealth growth

ByteDance's facility is larger than the earlier-anticipated size - an indication that the borrower is eager to take advantage of Asia's loan market, which is flush with liquidity amid dismal deal flow

A US appeals court revived on Tuesday a lawsuit filed by the mother of a 10-year-old Pennsylvania girl who died attempting a viral challenge she allegedly saw on TikTok that dared people to choke themselves until they lost consciousness. While federal law generally protects online publishers from liability for content posted by others, the court said TikTok could potentially be found liable for promoting the content or using an algorithm to steer it to children. TikTok makes choices about the content recommended and promoted to specific users, and by doing so, is engaged in its own first-party speech, Judge Patty Shwartz of the 3rd US Circuit Court in Philadelphia wrote in the opinion issued Tuesday. Lawyers for TikTok's parent company, ByteDance, did not immediately return phone and email messages seeking comment. Lawyers for the mother, Tawainna Anderson, had argued that the so-called blackout challenge, which was popular in 2021, appeared on Nylah Anderson's For You" feed after

The Biden administration asked the court to reject lawsuits by TikTok, ByteDance and a group of TikTok creators seeking to block the law that could ban the app used by 170 million Americans

In March, a source told Reuters the FTC could resolve a probe into TikTok over allegedly faulty privacy and data security practices by either filing suit or reaching a settlement

The app is a streamlined tool for making videos - especially with effects popular on TikTok, the social platform also owned by ByteDance

ByteDance's tie-up with Broadcom, an existing business partner, would help slash procurement costs

The FTC was looking into the social media company over potential violations of federal law that protects children on the internet

ByteDance, the owner of TikTok, did not say how many employees would be affected. Bloomberg had earlier reported there would be 450 jobs cut.

TikTok urged the appeals court to decide on the merits of the case by Dec. 6 so there is adequate time to request an emergency review by the Supreme Court

Driven by worries among U.S. lawmakers that China could access data on Americans or spy on them with the app, the measure was passed overwhelmingly in Congress just weeks after being introduced

Adult US TikTok users spend an average of 54 minutes on the app on any given day, more than Instagram, Snapchat or YouTube, according to research firm eMarketer. If TikTok were to disappear, those platforms along with younger, smaller emerging rivals would be scrambling for those valuable minutes of people's attention. But with an actual ban still likely years away, it's not clear what app will be its biggest beneficiary. Meta, which owns Facebook and Instagram, may see more advertisers amid uncertainty for its biggest rival, according to analysts who follow the company. Creators, dealing with uncertainty themselves are also expanding to other platforms if they weren't already. But users, especially the younger ones who are TikTok's bread and butter, are less predictable. Will they embrace Instagram, a possibly uncool mom favorite? Or could a newer app like Triller rise to viral fame? Here's a look at some notable TikTok alternatives and how they measure up. INSTAGRAM Meta has a

Erich Andersen, the US-based general counsel for TikTok and its Chinese parent company ByteDance Ltd, is stepping down from that role, the social media app said

US President Joe Biden signed into law a landmark bill that gives TikTok a tough choice: sell or be banned

US President Joe Biden signs bill that would ban TikTok if its parent company ByteDance did not divest the app within 270 days

TikTok, which says it has not shared and would not share US user data with the Chinese government, has argued the law amounts to a ban that would violate the US free speech rights of its users

The measure, passed by the U.S. House of Representatives on Saturday, has been driven by concerns that China could access Americans' data or surveil them with the app

That action would be an unprecedented move by Congress to use legislation to threaten the ban of a large consumer technology platform

TikTok, used by about 170 mn Americans, has been seeking to strike the right balance between pursuing rapid growth and managing regulatory risks

Alex Pearlman shut the door on dreams of a standup comedy career almost a decade ago, pivoting from the stage to an office cubicle where he worked a customer service job. Then he started posting random jokes and commentary about pop culture and politics on TikTok. Just over 2.5 million followers later, he quit his nine-to-five and recently booked his first nationwide tour. Pearlman is among the many TikTok creators across the U.S. outraged over a bipartisan bill passed by the House of Representatives on Wednesday that would lead to a nationwide ban of the popular video app if its China-based owner, ByteDance, doesn't sell its stake. The bill still needs to go through the Senate, where its prospects are unclear. Content creators say a ban would hurt countless people and businesses that rely on TikTok for a significant portion of their income, while also arguing TikTok has become an unrivaled platform for dialogue and community. Pearlman, who lives outside Philadelphia, said TikTok h