ByteDance: Last News

Patrick Frater Asia Bureau Chief Multinational streaming groups are using their increasing market strength to raise pricing and profitability in the Asia-Pacific region. The region’s many local competitors enjoy significant revenue share, but mostly lag the global giants in terms of earnings. That was one of the starkest messages to emerge from an opening address by Vivek Couto, managing partner at consultancy firm Media Partners Asia, on Wednesday, the first morning of his APOS conference in Indonesia. Global streamers are putting the screw on monetization, he said.

Todd Spangler NY Digital Editor The Justice Department sued TikTok and parent company ByteDance, alleging the popular video app repeatedly violated the U.S.’s Children’s Online Privacy Protection Act and related regulations. The DOJ, together with the FTC, on Friday (Aug. 2) filed the civil lawsuit in the U.S.

Todd Spangler NY Digital Editor Vice President Kamala Harris, who is now running for president in 2024 against Donald Trump, on Thursday launched her own account on social-entertainment app TikTok. TikTok has exploded with Harris memes since she assumed the role of presumptive Democratic presidential nominee, following President Biden’s announcement Sunday that he would suspend his re-election campaign. Those have included video mashups of her dancing and laughing as well as clips featuring the viral “coconut tree” meme.

Todd Spangler NY Digital Editor The Federal Trade Commission said it referred a case regarding potential violations by TikTok of a children’s privacy law to the Justice Department. In 2019, TikTok agreed to pay $5.7 million to settle FTC allegations that it illegally collected personal info from children, which the agency said at the time was the largest civil penalty ever obtained in a children’s privacy case. The case alleged Musical.ly (TikTok’s predecessor) violated the U.S.

Donald Trump has joined a new social media app – TikTok!

Todd Spangler NY Digital Editor Donald Trump gained millions of followers on TikTok in the hours after launching an account on the short-form video app — which, when he occupied the White House, he had threatened with a nationwide ban unless Chinese internet giant ByteDance sold control of TikTok to U.S.-based entities. Trump’s first TikTok on @realdonaldtrump, posted late Saturday night (June 1), shows the ex-president greeting fans at the UFC 302 fight in Newark, N.J. “The president is now on TikTok,” UFC CEO Dana White says in the video.

Patrick Frater Asia Bureau Chief The Taipei Film Festival has set “A Journey in Spring” as the Taiwan flagbearer in its international competition section. Directed by Peng Tzu-hui and Wang Ping-wen, the film was shot on Super 16 mm film stock and stars King Jieh-wen and Yang Kuei-mei.

Todd Spangler NY Digital Editor As expected, TikTok filed a federal lawsuit seeking to overturn the U.S.’s new law that would force parent company ByteDance to sell the app — or face a nationwide ban. TikTok filed the lawsuit Tuesday in the U.S.

Todd Spangler NY Digital Editor A new U.S. law could effectively ban TikTok nationwide as early as January 2025 — and half of Americans are OK with that, with many citing concerns about data privacy and Chinese propaganda. A majority of Americans (56%) have an unfavorable view of TikTok, and half support a nationwide U.S.

TikTok’s Chinese parent company ByteDance has said that it has no intention of selling the business, and would rather see the platform shut down.The news comes after the US passed a law forcing the company to sell the hugely popular social media platform, or see the app banned in America.The sell-or-ban measure was issued into law by US President Joe Biden earlier this week (April 24), following a long-running dispute over claims that the company’s ownership structure could allow the Chinese government to gain access to the data of its millions of American users.To date, over 30 American states, Canada, and the European Union have separately banned the app from use on government-owned devices over concerns it could be a security risk. India banned the app nationwide in January 2021, while Taiwan and Afghanistan did the same in 2022.The bill was first brought up last month, when the US House Foreign Affairs Committee voted 24 to 16 to give President Joe Biden the power to enforce a ban on the social media app over concerns that the app is a national security threat and a Chinese espionage tool.This week’s ruling was voted for with an overwhelming majority of 79 to 18, and was signed by President Joe Biden.

TikTok.Yesterday (April 23), US Congress voted to pass the bill that will ban TikTok in the United States unless Chinese parent company ByteDance sells the platform’s US stakes. The vote came three days after it cleared the House of Representatives.Today (April 24), Biden signed the bill hours after Congress dealt the video-sharing platform’s Chinese ownership a historic rebuke following years of failed attempts to tackle the app’s alleged national security risks (per The Washington Post).Biden had previously indicated that he would approve of the legislation once it had hit his desk.

Todd Spangler NY Digital Editor TikTok could be banned in the U.S. as soon as January 2025. Here’s what the new law means for users of the popular short-form video app.

Shou Zi Chew is responding to new U.S. policy.

TikTok in the United States unless Chinese parent company ByteDance sells the platform’s US stakes.The bill – which was voted for 79 to 18 – is next expected to be signed by President Joe Biden, who has previously indicated that he will approve of the legislation once it hits his desk. Tuesday’s vote comes three days after it cleared the House of Representatives.Should the bill be passed, ByteDance will have an estimated nine months to sell TikTok.

Todd Spangler NY Digital Editor The U.S. Senate voted Tuesday to approve a bill that would ban TikTok nationwide unless Chinese parent company ByteDance sells its stake in the popular app. The development will likely result in a court battle between the U.S.

Todd Spangler NY Digital Editor A bill that would ban TikTok — unless its Chinese parent company, ByteDance, divests its ownership stake — could soon become a U.S. law. TikTok is gearing up a legal fight against the measure if that happens, with plans to challenge it in court on First Amendment grounds.

The fate of TikTok in the United States is even more uncertain as the House today voted on a package that requires that parent ByteDance divest its popular social media platform or face a ban on app stores.

Todd Spangler NY Digital Editor U.S. lawmakers have moved closer to enacting a countrywide ban on TikTok. Last month, the House of Representatives passed a bill by a wide margin that would ban distribution of TikTok in U.S.

Todd Spangler NY Digital Editor China hawks in the House have propped TikTok on a political football tee, passing legislation that threatens to kick it off the phones of millions of Americans unless TikTok’s Chinese parent, ByteDance, sells its ownership in the app. Right now, there appears to be much less urgency in the Senate to move forward on a measure aimed at forcing TikTok to cut its China ties, while President Biden has said he would sign such a bill (even as his re-election campaign just launched an account on TikTok). Meanwhile, to China, the saber-rattling looks like a trade dispute — wherein the U.S., on the pretext of “national security” concerns, is looking to thwart a successful overseas internet app that has been grabbing share of viewing time and ad dollars from American tech companies.

Former Vice President Mike Pence said that he will not endorse Donald Trump‘s 2024 presidential bid.

TikTok‘s availability in the US if its parent company doesn’t sell it.On March 1, the US House Foreign Affairs Committee voted 24 to 16 to give President Joe Biden the power to enforce a ban on the social media app, which is owned by Chinese company ByteDance. If the ban goes through, it will be the biggest restriction of a social media app in American history.Now, the House of Representatives has passed that bill, stipulating that if ByteDance doesn’t sell, TikTok would be banned across the US.