October 31, 2020 8:29 am
The Trump administration has said TikTok is a security threat, citing its Chinese owner, ByteDance, and the possibility that the Chinese government could spy on users.
September 30, 2020 2:56 pm
TikTok has grown prodigiously as more people seek entertainment during lockdowns triggered by the coronavirus.
September 20, 2020 9:37 am
The proposal, which would give Oracle and other investors minority ownership of a new company called TikTok Global, still needs approval from regulators in China, where TikTok’s parent ByteDance Ltd. is based.
September 20, 2020 8:58 am
He told reporters at the White House he backs the deal with TikTok owner ByteDance, Oracle ORCL.N and Walmart WMT.N to create a new company that will assume TikTok's US operations called TikTok Global.
September 11, 2020 9:30 am
"I'm not extending deadline, no. It's September 15th. There will be no extension of the TikTok deadline," Trump told reporters on Thursday.
August 15, 2020 8:07 am
The new order adds to pressure for ByteDance to divest TikTok, and legally buttresses the U.S. government’s crackdown on the Chinese-owned social media app.
August 02, 2020 10:36 am
ByteDance was previously seeking to keep a minority stake in the U.S. business of TikTok, which the White House had rejected. Under the new proposed deal, ByteDance would exit completely and Microsoft Corp would take over TikTok in the United States, the sources said.
August 01, 2020 11:24 am
"We are looking at TikTok," Trump told reporters at the White House. "We may be banning TikTok. We may be doing some other things. There a couple of options, but a lot of things are happening. So we'll see what happens."
July 19, 2020 8:01 am
TikTok is facing heavy scrutiny in Washington over suspicions China could force the company to turn over user data. TikTok is owned by China-based ByteDance.
July 06, 2020 3:19 pm
Last week, amidst a tense border standoff with China, the government banned 59 mobile applications with links to the neighbouring country. The Indian Express sheds light on how Chinese companies came to dominate India’s digital space — from apps to devices and ancillaries, there’s more than a little bit of China on our phones.