The crowd goes wild for Yiming
There’s no shortage of TikTok coverage in the news today as the app’s fate in the U.S. hangs in the air. What the press doesn’t always address is how TikTok…
TikTok’s parent company, ByteDance, is reportedly looking for $2B before its Hong Kong public offering
ByteDance, the company behind the social media sensation TikTok, is in talks to raise another $2 billion before the initial public offering of a large chunk of its international businesses…
TikTok stars got a judge to block Trump’s TikTok ban
TikTok has won another battle in its fight against the Trump administration’s ban of its video-sharing app in the U.S. — or, more accurately in this case, the TikTok community…
Pakistan bans TikTok over ‘immoral and indecent’ videos
Pakistan has banned popular short video app TikTok, citing circulation of videos that it deemed “immoral and indecent.” The move comes months after the South Asian country raised serious concerns…
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….
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…
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…
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…
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…
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…