Potential TikTok bidder seeks a CEO, prepares business overhaul
3 days, 15 hours ago

Potential TikTok bidder seeks a CEO, prepares business overhaul

The Hindu  

U.S. billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok's business model as part of a plan to bid for the Chinese-owned short-form video app, he told Reuters. McCourt, who formerly owned the Los Angeles Dodgers baseball team, said he has received verbal funding commitments totaling $20 billion from a consortium of investors to rescue the app from legal purgatory as it awaits a Supreme Court decision to determine if it will be forced to sell its U.S. operations. McCourt said the bid for TikTok would exclude the algorithm that determines the content that users see, in order to reduce complications for ByteDance. The team is also speaking with potential CEO candidates for the new TikTok, McCourt said.

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History of this topic

TikTok gets big boost from US Supreme Court
Trending News
4 days, 19 hours ago

TikTok gets big boost from US Supreme Court

China Daily  

The US Supreme Court has thrown a significant roadblock in the path of a new law that would ban the wildly popular TikTok app throughout the United States. By now, you may likely know the backstory about TikTok: Earlier this year, members of the US Congress authored and passed legislation that was quickly signed by US President Joe Biden, which …

TikTok's parent ByteDance seeks Supreme Court intervention to avoid January divestment deadline
Trending News
1 week, 3 days ago

TikTok's parent ByteDance seeks Supreme Court intervention to avoid January divestment deadline

Firstpost  

TikTok and ByteDance on Monday had filed the emergency motion with the U.S. Court of Appeals for the District of Columbia, asking for more time to make their case to the U.S. Supreme Court TikTok must now move quickly with a request to the Supreme Court to block or overturn a law that would require its Chinese parent ByteDance to …

TikTok dealt another blow as ban case appears destined for Supreme Court: report
1 week, 3 days ago

TikTok dealt another blow as ban case appears destined for Supreme Court: report

Raw Story  

Video-sharing social network TikTok was dealt a new blow on Friday, as a federal appeals court declined to temporarily block the law that could result in its ban in the United States, reported CNN. "The company had indicated in court filings that if the appeals court declined to grant interim relief, it would ask the Supreme Court to step in …

What Billionaire Frank McCourt Would Actually Do With TikTok
1 week, 4 days ago

What Billionaire Frank McCourt Would Actually Do With TikTok

Wired  

TikTok’s future in the United States is murkier than ever after a federal appeals court upheld a law last week that could force the app to sell its US operations or be banned as early as January 19. One possibility is that president-elect Donald Trump could find a way to “save” the beloved platform come January, something he promised to …

Apple and Google must prepare to remove TikTok from app stores by Jan. 19, lawmakers warn
1 week, 4 days ago

Apple and Google must prepare to remove TikTok from app stores by Jan. 19, lawmakers warn

CNN  

Reuters — Google-parent Alphabet and Apple must be ready to remove TikTok from their U.S. app stores on January 19, two US lawmakers said in a letter to the companies’ CEOs Friday. Separately, Moolenaar and Krishnamoorthi also urged TikTok CEO Shou Zi Chew to sell the app: “Congress has acted decisively to defend the national security of the United States …

TikTok's Future in the US Is Unclear. We Check Back in With the Billionaire Who Wants to Save It
1 week, 5 days ago

TikTok's Future in the US Is Unclear. We Check Back in With the Billionaire Who Wants to Save It

Wired  

TikTok is officially on the chopping block, friends. Through his Project Liberty initiative, he has made what he’s called a “people’s bid,” bringing together a variety of investors and groups that share in his vision of a more open web. To achieve this, he’d apply Project Liberty’s Decentralized Social Networking Protocol, or DSNP, to TikTok. McCourt has had conversations with …

TikTok and its owner ask for temporary block to law that could result in the app’s US ban
2 weeks, 1 day ago

TikTok and its owner ask for temporary block to law that could result in the app’s US ban

CNN  

Chinese-based ByteDance and its short-video app TikTok asked an appeals court Monday to temporarily block a law that would require parent company ByteDance to divest TikTok by January 19 or face a ban in the United States, pending a review by the US Supreme Court. The companies filed the emergency motion with the US Court of Appeals for the District …

TikTok is inching closer to a potential ban in the US
Top News
2 weeks, 3 days ago

TikTok is inching closer to a potential ban in the US

The Hindu  

TikTok's future in the U.S. appeared uncertain on Friday after a federal appeals court rejected a legal challenge to a law that requires the social media platform to cut ties with its China-based parent company or be banned by mid-January. Here are some details on the ruling and what could happen next: In their lawsuit, TikTok and ByteDance, which is …

TikTok is inching closer to a potential ban in the US. So what’s next?
Trending News
2 weeks, 3 days ago

TikTok is inching closer to a potential ban in the US. So what’s next?

Associated Press  

TikTok’s future in the U.S. appeared uncertain on Friday after a federal appeals court rejected a legal challenge to a law that requires the social media platform to cut ties with its China-based parent company or be banned by mid-January. The appeals court ruling, written by Judge Douglas Ginsburg, said the law was “carefully crafted to deal only with control …

TikTok’s U.S. presence in jeopardy as judges back potential ban
Trending News
2 weeks, 4 days ago

TikTok’s U.S. presence in jeopardy as judges back potential ban

Salon  

In April, legislation passed by Congress and signed into law by President Joe Biden threatened to ban TikTok in the U.S. if the platform's China-based parent company ByteDance refused to sell to an American owner by Jan. 19, 2025, and with the deadline looming and no such sale underway, stateside fans of the popular video share site are getting nervous. …

The Future of TikTok Is Being Decided This Week
2 weeks, 5 days ago

The Future of TikTok Is Being Decided This Week

Wired  

Republicans and Democrats sank ungodly amounts of money into creating content for TikTok this election year, but there’s a chance the app might not be around in the US come next cycle. The law put in place a system that would ban TikTok if the app’s parent company, Bytedance, didn’t sell to a US-based owner by January 19, 2025. Soon, …

TikTok seeking Musk's advice ahead of potential ban in the US, incoming Trump administration
1 month ago

TikTok seeking Musk's advice ahead of potential ban in the US, incoming Trump administration

Firstpost  

The US administration, under outgoing President Joe Biden, had been raising alarms that TikTok could be compelled to share user data with the Chinese government. Leadership at TikTok’s parent company, ByteDance, a Chinese tech firm, views Musk as a potential intermediary to the incoming administration. TikTok’s troubles in the US The US administration, under outgoing President Joe Biden, had been …

Canada orders shutdown of TikTok’s Canadian business, ‘govt taking action to address…’
1 month, 2 weeks ago

Canada orders shutdown of TikTok’s Canadian business, ‘govt taking action to address…’

Live Mint  

Canada on Wednesday ordered Chinese-owned TikTok's business in the country to be dissolved, citing national-security risks, but added the government was not blocking Canadians' access to the short-video app or their ability to create content. "The government is taking action to address the specific national security risks related to ByteDance Ltd's operations in Canada through the establishment of TikTok Technology …

TikTok disputes U.S. claims on China ties in court appeal
4 months, 1 week ago

TikTok disputes U.S. claims on China ties in court appeal

The Hindu  

TikTok told a federal appeals court on Thursday that the U.S. Department of Justice has mis-stated the social media app's ties to China, urging the court to overturn a law requiring China-based ByteDance to sell TikTok's U.S. assets or face a ban. TikTok said on Thursday it is undisputed that the app's content recommendation engine and user data are stored …

TikTok fights for survival in latest filing as ban approaches
4 months, 1 week ago

TikTok fights for survival in latest filing as ban approaches

NPR  

TikTok fights for survival in latest filing as ban approaches toggle caption Damian Dovarganes/AP TikTok is fighting back in its latest court filing in the battle over its future in the U.S., arguing that the law that could ban the app represents "the most sweeping speech restriction in the country's history." The court filing on Thursday is the latest salvo …

If Biden is going after TikTok, expect Trump to back the app
6 months ago

If Biden is going after TikTok, expect Trump to back the app

China Daily  

This combination of pictures created on March 6, 2024 shows US President Joe Biden and former US president Donald Trump. In response to a question in a 30-second video on June 7, former US president Donald Trump said he would never ban TikTok, a major reversal from his earlier ambiguous stand toward the app owned by Chinese firm ByteDance. On …

Appeals court to hear challenges to potential U.S. TikTok ban on September 16
6 months ago

Appeals court to hear challenges to potential U.S. TikTok ban on September 16

The Hindu  

A U.S. appeals court on Monday said it will hold oral arguments on September 16 on legal challenges to a new law requiring China-based ByteDance to divest TikTok's U.S. assets by January 19 or face a ban. On May 14, a group of TikTok creators filed suit to block the law that could ban the app used by 170 million …

The side-effects of the TikTok tussle
6 months ago

The side-effects of the TikTok tussle

Hindustan Times  

JOE BIDEN’S re-election campaign wants you to know that the president is funny. It deems TikTok, which is owned by ByteDance, a Chinese firm, to be controlled by a “foreign adversary” and to be a national-security threat. They argue that divestment is “simply not possible” and Congress is “singling out and banning TikTok”, in violation of the First Amendment rights …

U.S. court to hear challenges to potential TikTok ban in September
6 months, 3 weeks ago

U.S. court to hear challenges to potential TikTok ban in September

The Hindu  

A U.S. appeals court on Tuesday set a fast-track schedule to consider the legal challenges to a new law requiring China-based ByteDance to divest TikTok's U.S. assets by January 19 or face a ban. The U.S. Court of Appeals for the District of Columbia ordered the case set for oral arguments in September after TikTok, ByteDance and a group of …

TikTok said to plan job cuts amid a wave of tech industry layoffs
7 months ago

TikTok said to plan job cuts amid a wave of tech industry layoffs

LA Times  

TikTok is under threat of being banned in the U.S. under a new law. TikTok is expected to make cuts to its global staff, in another blow for the popular social video app as it faces the threat of a new law that would ban its service in the U.S. if its Chinese owner doesn’t divest. ByteDance and TikTok have …

Billionaire Frank McCourt says he’s putting together a consortium to buy TikTok
7 months, 1 week ago

Billionaire Frank McCourt says he’s putting together a consortium to buy TikTok

Associated Press  

Billionaire businessman and real estate mogul Frank McCourt said Wednesday that he’s putting together a consortium to purchase TikTok’s U.S. business, adding to the number of investors hoping to benefit from a new federal law that requires TikTok’s China-based parent company to sell the popular platform or face a ban. McCourt is organizing the bid in consultation with the investment …

TikTok content creators sue the U.S. government over law that could ban the popular platform
7 months, 1 week ago

TikTok content creators sue the U.S. government over law that could ban the popular platform

The Hindu  

Eight TikTok content creators sued the U.S. Government on May 14, issuing another challenge to the new federal law that would ban the popular social media platform nationwide if its China-based parent company doesn’t sell its stakes within a year. Attorneys for the creators argued in the lawsuit that the law violates users’ First Amendment rights to free speech, echoing …

TikTok content creators sue the US government over law that could ban the popular platform
7 months, 1 week ago

TikTok content creators sue the US government over law that could ban the popular platform

Associated Press  

Eight TikTok content creators sued the U.S. government on Tuesday, issuing another challenge to the new federal law that would ban the popular social media platform nationwide if its China-based parent company doesn’t sell its stakes within a year. Attorneys for the creators argue in the lawsuit that the law violates users’ First Amendment rights to free speech, echoing arguments …

TikTok to start labeling AI-generated content as technology becomes more universal
7 months, 2 weeks ago

TikTok to start labeling AI-generated content as technology becomes more universal

Associated Press  

TikTok will begin labeling content created using artificial intelligence when it’s been uploaded from outside its own platform in an attempt to combat misinformation. “AI enables incredible creative opportunities, but can confuse or mislead viewers if they don’t know content was AI-generated,” the company said in a prepared statement Thursday. “Labeling helps make that context clear—which is why we label …

TikTok owner ByteDance files lawsuit against US law forcing app’s sale
7 months, 2 weeks ago

TikTok owner ByteDance files lawsuit against US law forcing app’s sale

Al Jazeera  

In April, President Joe Biden signed a law giving ByteDance nine months to sell its US operations over security concerns. ByteDance, the owner of the social media platform TikTok, has filed a lawsuit against the United States government in an effort to block a law that would force it to divest from its US assets. “This is the only way …

L.A. influencers, businesses live or die on TikTok’s algorithm. Now they fear for the future
7 months, 2 weeks ago

L.A. influencers, businesses live or die on TikTok’s algorithm. Now they fear for the future

LA Times  

Brandon Hurst is known as Brandon the Plant Guy on TikTok. “What makes TikTok special is the algorithm,” Hurst said, noting that if TikTok’s owners sell the app, the algorithm could change. “A lot of people have scaled probably beyond their wildest dreams.” Influencers don’t need to own a business to make money on TikTok, one creator said. For small-business …

The TikTok law kicks off a new showdown between Beijing and Washington. What’s coming next?
7 months, 4 weeks ago

The TikTok law kicks off a new showdown between Beijing and Washington. What’s coming next?

Associated Press  

WASHINGTON — TikTok is gearing up for a legal fight against a U.S. law that would force the social media platform to break ties with its China-based parent company, a move almost certainly backed by Chinese authorities as the bitter U.S.-China rivalry threatens the future of a wildly popular way for young people in America to connect online. Beijing has …

Joe Biden accused of hypocrisy over signing of TikTok ban bill, critics ask him to delete campaign account
7 months, 4 weeks ago

Joe Biden accused of hypocrisy over signing of TikTok ban bill, critics ask him to delete campaign account

Hindustan Times  

US President Joe Biden on Wednesday signed a bill that would potentially force Chinese TikTok parent firm ByteDance to divest the social media platform within nine months or face a nationwide ban in the country. Biden campaign will continue to use TikTok, faces backlash According to Biden's 2024 reelection campaign, it would keep using TikTok to engage voters ahead of …

U.S. President Biden signs bill that will see TikTok sold or banned next year
7 months, 4 weeks ago

U.S. President Biden signs bill that will see TikTok sold or banned next year

The Hindu  

U.S. President Joe Biden on Wednesday signed a bill forcing TikTok’s Chinese parent ByteDance to divest ownership of the app or see it banned in the next nine months, extendable by another three months if needed. Last year, several U.S. states began banning TikTok in government employees’ work devices, though sweeping bans on private usage were not successful in court. …

ByteDance prefers TikTok shutdown in US over sale: Report
7 months, 4 weeks ago

ByteDance prefers TikTok shutdown in US over sale: Report

Al Jazeera  

TikTok parent would rather have it shutdown in US than have it sold to a US buyer with algorithms, Reuters reported. TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the United States, Reuters reported citing …

Senate passes bill forcing TikTok’s parent company to sell or face ban, sends to Biden for signature
8 months ago

Senate passes bill forcing TikTok’s parent company to sell or face ban, sends to Biden for signature

Associated Press  

WASHINGTON — The Senate passed legislation Tuesday that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers that’s expected to face legal challenges and disrupt the lives of content creators who rely on the short-form video app for income. For years, lawmakers and administration officials …

Questions swirl over the future of TikTok. Who could own it? How will the platform operate?
8 months ago

Questions swirl over the future of TikTok. Who could own it? How will the platform operate?

LA Times  

TikTok on Wednesday faced a formidable threat to its business, with a new law signed by President Biden that could dramatically change the way the popular video app operates. The new law would require ByteDance, a tech company founded in China in 2012, to sell TikTok or the app will be banned in the U.S. Business The Biden administration’s threat …

TikTok star urges US to force sale after witnessing 'terrifying' algorithm amid Israel-Palestine war
8 months ago

TikTok star urges US to force sale after witnessing 'terrifying' algorithm amid Israel-Palestine war

Hindustan Times  

Imagine speaking out against the platform that enables you to earn a living. This comes on the heels of White House representatives passing a bill that could lead to a permanent TikTok ban in America. White House passes the bill, threatens to ban TikTok The world’s most popular musical video service, which has been accused of spreading ‘Hamas hate speech …

Lawmakers vote to ban TikTok, again — solidifying Congress’ stance by giving the company more time
8 months ago

Lawmakers vote to ban TikTok, again — solidifying Congress’ stance by giving the company more time

Salon  

The House passed legislation on Saturday that could ban TikTok in the United States if its Chinese parent ByteDance Ltd, doesn’t divest its ownership within the year. The House Republicans' decision to include TikTok in a larger foreign aid package has been a priority to President Biden with widespread congressional support for Ukraine and Israel. TikTok is not pleased with …

Legislation that could force a TikTok ban revived as part of House foreign aid package
8 months ago

Legislation that could force a TikTok ban revived as part of House foreign aid package

Associated Press  

WASHINGTON — Legislation that could ban TikTok in the U.S. if its China-based owner doesn’t sell its stake won a major boost late Wednesday when House Republican leaders included it in a package of bills that would send aid to Ukraine and Israel. Alex Haurek, a spokesman for the company, said in a statement Thursday that “It is unfortunate that …

TikTok and its 'secret sauce' caught in US-China tussle
9 months ago

TikTok and its 'secret sauce' caught in US-China tussle

New Indian Express  

As a US campaign to sever TikTok from its Chinese parent heads to the Senate, analysts say Beijing's response to a forced sale of the app -- and its 'secret sauce' algorithm -- will be clear: Hands off. Under new legislation that passed the House of Representatives last week, TikTok could be banned in the United States if it does …

TikTok creators warn of economic impact if app sees ban, call it a vital space for the marginalized
9 months, 1 week ago

TikTok creators warn of economic impact if app sees ban, call it a vital space for the marginalized

Hindustan Times  

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. 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 …

Former Trump-advisor Steve Mnuchin plans to buy TikTok from ByteDance, China furious at ‘Robber’s Logic’
9 months, 1 week ago

Former Trump-advisor Steve Mnuchin plans to buy TikTok from ByteDance, China furious at ‘Robber’s Logic’

Firstpost  

Steve Mnuchin’s bid is not the first attempt to transfer TikTok’s control to American entities. In 2020, then-President Trump supported a proposed deal involving Oracle and Walmart to create a US-based enterprise that would take ownership of TikTok If the Senate approves the bill and President Biden signs it into law, ByteDance will have six months to sell TikTok to …

ByteDance: TikTok’s parent company, which is under fire in the US
9 months, 1 week ago

ByteDance: TikTok’s parent company, which is under fire in the US

Firstpost  

ByteDance, best known in most countries as the creator of TikTok, grew from its humble beginnings in a Beijing apartment 12 years ago to become one of the world’s largest technology companies. Representative Mike Gallagher told NPR, “What we’re after is, it’s not a ban, it’s a forced separation.” “The TikTok user experience can continue and improve so long as …

U.S. House passes bill that would lead to a TikTok ban if Chinese owner doesn't sell
9 months, 1 week ago

U.S. House passes bill that would lead to a TikTok ban if Chinese owner doesn't sell

The Hindu  

The U.S. House of Representatives on March 13 passed a bill that would lead to a nationwide ban of the popular video app TikTok if its China-based owner doesn't sell, as lawmakers acted on concerns that the company's current ownership structure is a national security threat. “What we've tried to do here is be very thoughtful and deliberate about the …

US will not ban TikTok if it finds a new owner: Why is that easier said than done?
9 months, 1 week ago

US will not ban TikTok if it finds a new owner: Why is that easier said than done?

Firstpost  

House Republicans are moving ahead with a bill that would require Chinese company ByteDance to sell TikTok or face a ban in the United States even as former President Donald Trump is voicing opposition to the effort The bill calls for prohibiting TikTok in the US but makes an exception if there's a 'qualified divestiture.' “But even if somebody has …

As TikTok bill steams forward, online influencers put on their lobbying hats to visit Washington
9 months, 1 week ago

As TikTok bill steams forward, online influencers put on their lobbying hats to visit Washington

Associated Press  

WASHINGTON — Lawmakers, meet your latest lobbyists: online influencers from TikTok. The platform is once again bringing influencers to Washington, this time to lobby members of Congress to reject a fast-moving bill that would force TikTok’s Beijing-based parent company to sell or be banned in the United States. But unlike a similar lobbying event the company put together last March …

New Bill Threatens To Ban TikTok In The U.S. Unless Platform Divests Chinese Ownership
9 months, 2 weeks ago

New Bill Threatens To Ban TikTok In The U.S. Unless Platform Divests Chinese Ownership

Huff Post  

LOADING ERROR LOADING Citing national security concerns, congressional lawmakers are not giving up on their efforts to pressure ByteDance, the Chinese owner of TikTok, to divest the popular social media platform in order for TikTok to continue operating in the U.S. On Thursday, the House Committee on Energy and Commerce voted unanimously, 50-0, on a new bipartisan bill, known as …

Tiktok to be banned in US? New bill forces ByteDance to divest from Chinese-app or risk...
9 months, 2 weeks ago

Tiktok to be banned in US? New bill forces ByteDance to divest from Chinese-app or risk...

Hindustan Times  

US lawmakers recently presented a bill that would oblige Chinese tech giant ByteDance to divest from widely used video-sharing app TikTok within six months or face a ban. The US House Committee on Energy and Commerce on Thursday is expected to hold a legislative hearing and vote on the bill that aims to ban TikTok, The White House called the …

TikTok Faces U.S. Ban in New Draft Bill
9 months, 2 weeks ago

TikTok Faces U.S. Ban in New Draft Bill

Live Mint  

TikTok, the short-video platform owned by Chinese internet company ByteDance, is facing renewed political pressure in the U.S. from a draft bill that could lead to a ban of its popular video-sharing app. The bill, introduced by Republican Rep. Mike Gallagher, who leads the House Select Committee on the Chinese Communist Party, and Democrat Rep. Raja Krishnamoorthi, addresses “foreign adversary-controlled …

Biden campaign trumpets joining TikTok, despite his own administration’s security concerns
10 months, 1 week ago

Biden campaign trumpets joining TikTok, despite his own administration’s security concerns

Associated Press  

WASHINGTON — President Joe Biden ’s reelection campaign on Monday defended its new TikTok account as a vital way to boost its appeal with young voters, even as his administration continued to raise security concerns about whether the popular social media app might be sharing user data with China’s communist government. “The President’s TikTok debut last night — with more …

Joe Biden's campaign joins TikTok, even as administration warns of national security concerns with app
10 months, 1 week ago

Joe Biden's campaign joins TikTok, even as administration warns of national security concerns with app

The Hindu  

President Joe Biden's 2024 campaign is now on TikTok, even though he has expressed national security concerns over the platform and banned it on federal devices. Mr. Biden in 2022 banned the use of TikTok by the federal government’s nearly four million employees on devices owned by its agencies, with limited exceptions for law enforcement, national security and security research …

TikTok owner ByteDance's chief warns against mediocrity as AI brings disruption
10 months, 3 weeks ago

TikTok owner ByteDance's chief warns against mediocrity as AI brings disruption

The Hindu  

ByteDance CEO Liang Rubo warned employees at a company-wide meeting on Tuesday that the TikTok owner risks becoming complacent and slipping into mediocrity as it faces challenges from newer startups. Liang said the Beijing-based company's rapid expansion in recent years had made it less efficient, and it had not paid enough attention to groundbreaking artificial intelligence technology, according to a …

EU Chief Tells TikTok CEO to To Put All Their Energy To Fight Against Disinformation
1 year, 1 month ago

EU Chief Tells TikTok CEO to To Put All Their Energy To Fight Against Disinformation

News 18  

BRUSSELS:TikTok must "spare no effort" to counter the spread of disinformation on the short video sharing app, EU industry chief Thierry Breton told the company's CEO on Monday, as the European Union steps up its efforts to curb the powers of Big Tech. Breton last month gave TikTok, owned by China's ByteDance, an Oct. 25 deadline to provide information on …

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