Tag Archives: TikTok

TikTok prepares advertisers for possible app ban in the US

ByteDance owned TikTok is preparing advertisers for a possible ban of its app in the United States, as ad buyers said the company started offering refunds for ad campaigns that are unable to run. Meantime, TikTok’s anticipated $1 billion in 2020 revenue is a small fraction of its parent ByteDance’s overall sales. But TikTok has […]

Trump issues orders banning TikTok and WeChat in 45 days, if not sold by Chinese parent companies

Finally, U.S. President Donald Trump issued executive orders for banning Chinese social media apps TikTok and WeChat in the US in 45 days, if they are not sold by their Chinese parent companies. Notably, these apps are owned by ByteDance and Tencent respectively. So now Trump administration by issuing these executive orders is trying to […]

TikTok Is Planning To Open First European Data Centre In Ireland

Chinese ByteDance-owned popular short-video app TikTok is planning to open its first European data centre in Ireland, the company said in a statement. For this, the short-video app is looking to invest around 420 million euros (approx. $499 million). Interestingly, this development comes when this popular app facing serious national security-related allegation from Trump administration […]

President Trump Says U.S. Should Get Slice of TikTok Sale Price

The United States President Trump said he was ready to give approval for the purchase of the U.S. operations of the Chinese ByteDance-owned video-sharing app TikTok, but only if the government receives “a lot of money” in exchange. Earlier, Redmond-headquartered Microsoft Corp. said it hopes to acquire TikTok’s U.S. business along with three other countries […]

Microsoft and ByteDance Put TikTok Acquisition Talks On Hold As Trump Opposed The Deal: Report

After several reports floated on various journals, everyone is hoping for the TikTok US acquisition announcement by U.S. tech giant Corp. But now there still seems some stone left in this path. And now as reported by Wall Street Journal, Microsoft & ByteDance have put acquisition talks for the TikTok US on hold after President […]

ByteDance would exit completely and Microsoft would take over TikTok’s U.S. business: Reports

China-based TikTok’s parent company ByteDance has agreed to divest the US operations of TikTok completely. Reportedly, this has been decided to save a deal with the White House, after U.S. President Donald is looking to ban the popular short-video app. As ET’s reports, the Chinese social media giant, ByteDance was trying to keep a minority […]

Microsoft Is in Talks to Acquire TikTok, As US Considers Banning The App: Report

Microsoft Corp. is reportedly in advance talks to acquire the US business of Chinese Bytedance-owned app TikTok. The interesting part is, these developments surfaced amid the US govt. considering banning the app due to national security concerns, as India has already done this earlier for the same concern.  According to the Wall Street Journal report, Satya […]

TikTok gets a $50 billion valuation offer from ByteDance investors in takeover bid: Report

Owned and managed by TikTok’s parent company ByteDance’s some investors are looking to take over the popular short-video app and have valued it at $50billion. Beijing-based ByteDance has been considering different operations as the oppression of the United States is increasing to renounce its authority from the app. The app has become a household name […]

TikTok told Indian govt. that the company is ready to store data locally

Chinese app Tiktok by internet giant ByteDance has briefed the Indian government that the company is now ready with a framework to set up data centers in India that will store the information of users locally. Although the company still denies any kind of breach of user privacy and integrity highlighting that its functioning has […]

[BREAKING]: ShareChat Raises $40Mn Reportedly, But Company Denied

In the past few days, several reports claimed that Bengaluru based vernacular language social media platform ShareChat has raised $35-$40 million from existing investors in a bridge round as the company looks to replace TikTok with its new short video app Moj. According to the sources, this internal round will help ShareChat drive adoption of […]
Page 1 of 212 »

Like & Follow us on Facebook

Must Read