ByteDance, the parent company of TikTok, is valuing itself at approximately $300 billion through a new share buyback program, according to a report by the Wall Street Journal.
Canada has ordered TikTok to shut down its Canadian business, citing national security risks. Canadians will still be able to use TikTok, as the decision does not block general access to the app.
Australia's Prime Minister Anthony Albanese announced that his government will introduce legislation to prevent users under 16 from accessing social media platforms, citing the risks of online harm.
Seven French families have filed a lawsuit against social media platform TikTok, accusing the company of exposing their teenage children to content that allegedly contributed to their mental health decline, and for two of them, the cause of suicide.
Zhang Yiming, founder of TikTok’s parent company ByteDance, has become the richest person in China, with a personal wealth of $49.3 billion, according to the Hurun China Rich List 2024, an annual ranking of China's richest individuals.
TikTok is laying off hundreds of employees globally, including about 500 in Malaysia, as it shifts to AI-driven content moderation.
TikTok is facing new legal challenges as 13 US states and Washington DC filed lawsuits accusing the platform of harming young users through addictive software and inadequate safety measures.
The EU Commission has formally requested detailed information from YouTube, TikTok, and Snapchat about the algorithms they use to recommend content to their users on October 2, according to a recent report by Reuters.
ByteDance, the parent company of TikTok, is accelerating its AI model development by turning to domestic suppliers like Huawei Technologies, according to a recent report by Reuters.
TikTok, the popular short-form video platform, was recently fined £1.9 million ($2.4 million) for failing to timely post its safety data report. The fine was issued by Ofcom, the government-approved telecommunications regulator in the UK.
Lady Gaga, the musician-turned-actress, is presently in Paris for the 2024 Summer Olympics, where they delivered a performance at the Opening Ceremony on Friday evening and have been seen attending various events throughout the weekend.
It will severely curtail people's fundamental freedoms
What is TikTok University and what exactly does it teach?
TikTok removed 7,171,832 videos for violating community guidelines between January and March 2024 in Bangladesh, according to the platform’s Community Guidelines Enforcement Report for the first quarter (Q1) of 2024. Among them, 99.4% of these videos were removed proactively, and 94.0% were taken down within 24 hours of posting.
A recent cyberattack on TikTok, the popular short-form video-sharing platform, has targeted an undisclosed number of 'high-profile' accounts, including brand and celebrity accounts such as CNN and Paris Hilton. According to Jason Grosse, a spokesperson for TikTok's privacy and security team, the platform has taken steps to stop the attack.
The algorithm behind TikTok's content recommendations has once again drawn mainstream attention following the recent US ruling for ByteDance, its Chinese owner, to divest its US assets or risk a nationwide ban of the app. Here is a breakdown of how TikTok's algorithm operates and why it is generating so much discussion recently.
TikTok, the short-form video platform, is venturing into new territory with the launch of TikTok Notes, a photo-sharing app, as a competitor to Meta’s Instagram. The new app is currently being introduced in Canada and Australia, and is available for download on both the Google Play Store and Apple App Store.
Facebook is set to launch a vertical-first video player, promising a more uniform design and user experience across various video formats, including Reels, long-form videos, and live videos.
TikTok has removed a total of 7,599,349 (over 75 lakh) videos in Bangladesh for violating Community Guidelines in Q4 2023. Comparatively, in Q3 2023, 8,147,484 (over 80 lakh) Bangladeshi videos were removed by TikTok, showing a notable decrease in total videos removed from quarter-to-quarter.