Jakub Porzycki | Nurphoto | Getty Images Perplexity AI officially made a play for TikTok on Saturday, submitting a bid to its parent company, ByteDance, to create a new merged entity combining Perplexity, TikTok U.S. and new capital partners, CNBC has learned. The new structure would allow for most of ByteDance’s existing investors to retain […]
Beata Zawrzel | Nurphoto | Getty Images TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won’t punish Apple, Google and other service providers if they support the app. “Unless the Biden Administration immediately provides a definitive statement to satisfy the most critical service providers assuring […]
In mid-2023, TikTok had just eluded an effort in Congress to ban the video app, the latest Houdini-like escape for the young tech company. For several years, during both Republican and Democratic administrations, lawmakers and officials had trained their sights on the app, saying its Chinese ownership posed a national security risk. Inside TikTok, a […]
President Donald Trump talks with Chinese President Xi Jinping as Xi arrives for dinner at the start of their summit at Trump’s Mar-a-Lago estate in West Palm Beach, Florida, U.S. April 6, 2017. Carlos Barria | Reuters President-elect Donald Trump said he spoke on the phone with Chinese President Xi Jinping on Friday about TikTok, […]
Jakub Porzycki | Nurphoto | Getty Images The Chinese government is considering a plan that would have Elon Musk acquire TikTok’s U.S. operations to keep the app from being effectively banned, Bloomberg News reported on Monday. The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to […]
(Reuters) -Chinese officials are mulling a potential option that involves the sale of TikTok’s U.S. operations to billionaire Elon Musk if the company fails to fend off a potential ban, Bloomberg News reported on Monday, citing people familiar with the matter. Chinese officials prefer that TikTok remain under the control of parent Bytedance, the report […]
On Friday, the Supreme Court heard arguments in the case that will determine the fate of TikTok in the United States. While some users and creators are holding out hope that the ban will not go into effect and that they’ll be able to continue using the app, justices seem poised to uphold the law […]
Jakub Porzycki | Nurphoto | Getty Images Before Jack Nader started posting beauty videos on TikTok in 2023, he was working as a Starbucks barista in Chicago and living at home with his parents. But after Nader, who’s now 21, started taking his videos seriously in April of that year, his TikTok account blew up. […]
Soon after Biden signed the bill to ban TikTok in April, the company and a consortium of its users retaliated by filing lawsuits accusing the federal government of violating their First Amendment rights. In December, a federal appeals court upheld the ban law, leaving TikTok with only one legal pathway left to save itself: an […]
After the Supreme Court heard oral arguments over a law that could ban TikTok, it looks like one of its last possible lifelines is unlikely to save it from the impending ouster. TikTok will be banned from the US unless either the Supreme Court blocks the law from taking effect before the January 19th deadline […]
