Daily Crunch: This TikTok deal is pretty confusing
Companies send out conflicting messages about the TikTok deal, Microsoft acquires a gaming giant and the WeChat ban is temporarily blocked. This is your Daily Crunch for September 21, 2020….
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ByteDance valuation under huge pressure as TikTok sale nears
As it reached an estimated valuation of $100 billion this year, TikTok’s parent company ByteDance solidified its status as the most valuable startup in private markets. Its success outside China…
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TikTok says it’s “not planning on going anywhere” in response to pending U.S. ban
TikTok’s U.S. General Manager Vanessa Pappas has posted a video message to the platform that appears to be a response to reports from Friday that President Trump is working on…
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TikTok unveils $200 million fund for U.S. creators
TikTok today announced a $200 million fund, aimed at helping top creators in the U.S. supplement their earnings, and potentially coax the next Charli D’Amelio out of the woodwork. Called…
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TikTok is engaging with India over ban and already complies with local privacy and security requirements, CEO says
Kevin Mayer, the chief executive of TikTok said on Wednesday that the popular short-form video app complies with “all data privacy and security requirements under Indian law,” two days after…
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TikTok joins the EU’s Code of Practice on disinformation
TikTok is the latest platform to sign up the European Union’s Code of Practice on disinformation, agreeing to a set of voluntary steps aimed at combating the spread of damaging…
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ByteDance to shut down Vigo apps
Chinese internet giant ByteDance has announced plans to discontinue two of its apps in India, its biggest overseas market, and urged users to move to TikTok. Vigo Video and Vigo…
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Google removes millions of negative TikTok reviews amid backlash in India
ByteDance’s TikTok app, which has gained hundreds of millions of users in India with its short-form videos, is facing criticism in its biggest overseas market after disturbing videos surfaced on…
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Douyin, TikTok app in China, hits 400 million daily active users
China’s TikTok, which has taken the world by storm, is working its magic in its home nation, too. The Chinese version of TikTok, called Douyin, has amassed 400 million daily…
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ByteDance & TikTok have secretly built a Deepfakes maker
TikTok parent company ByteDance has teamed up with one of the most controversial apps to let you insert your face into videos starring someone else. TechCrunch has learned that ByteDance…
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