Bytedance

TikTok asks US Supreme Court to block govt ban set to take effect in Jan

Barring Supreme Court intervention, the ban will kick in Jan. 19, the day before Trump is inaugurated

TikTok's potential US ban explained: Can Trump save it from shutdown?

US lawmakers have called on Apple and Google to comply with the January 19 deadline by banning TikTok from their app stores unless ByteDance divests its ownership

Australia to tax digital platforms, search engines that don't pay for news

The Australian government said Thursday it will tax large digital platforms and search engines unless they agree to share revenue with Australian news media organisations. The tax would apply from January 1 to tech companies that earn more than 250 million Australian dollars ($160 million) a year in revenue from Australia, Assistant Treasurer Stephen Jones and Communications Minister Michelle Rowland said. They include Meta, Google, Alphabet and ByteDance. The tax would be offset through money paid to Australian media organizations. The size of the tax is not clear. "The real objective ... is not to raise revenue -- we hope not to raise any revenue. The real objective is to incentivise agreement-making between platforms and news media businesses in Australia, Jones told reporters. The move comes after Meta, which owns Facebook, Instagram and WhatsApp, announced that it would not renew three-year deals to pay Australian news publishers for their content. A previous government ...

Zhang Yiming tops China's rich list, but Mukesh Ambani still leads Asia

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

TikTok parent ByteDance eyes $9.5 bn in record Asia dollar corporate loan

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

US revives lawsuit against TikTok over 10-yr-old's blackout challenge death

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

US appeals court should reject DOJ filings in divestiture suit: TikTok

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

US sues TikTok, parent company ByteDance over children privacy violations

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

Rise of ByteDance's CapCut threatens market share of Adobe and Canva

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

China's ByteDance collaborates with Broadcom to develop advanced AI chip

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

TikTok child privacy case referred to US Justice Dept over violations

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

After deal with Tokopedia, ByteDance confirms its layoff plan in Indonesia

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

ByteDance asks US court to speed up lawsuit over divest-or-ban law

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

TikTok, ByteDance sue to block US law seeking divestiture or ban of app

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

Instagram, YouTube likely to be biggest beneficiary of US TikTok ban

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

TikTok's US-based general counsel Erich Andersen to step down from role

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

TikTok could soon be sold: What's next for Chinese app in the US?

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

TikTok owner ByteDance would rather shut down app in US than sell it

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

Senate passes bill forcing ByteDance to divest TikTok's US ops or face ban

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

US Senate votes in favor of bill to force TikTok divestment or face ban

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