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.
The U.S. House of Representatives has recently approved a bill that requires ByteDance, the Chinese company that owns TikTok, to sell off its American assets within six months or risk being banned from operating in the country.
Companies quickly multiplied this awareness and fear, packaged it, and sold it back to us.
The European Union is set to investigate potential breaches in online content rules by TikTok, according to a recent statement by an EU official. As per the statement, if TikTok is found guilty of breaking rules meant to safeguard children and promote transparent advertising, the popular short-video-sharing platform will be liable to a large fine.
In a recent visit to the TikTok headquarters, renowned Bangladeshi actor Ziaul Faruq Apurba expressed his admiration for the unique atmosphere of the popular social media platform's main office. The acclaimed artiste, currently on a break from his hectic acting schedule, took a trip to Dubai and explored the TikTok headquarters.
Kate Micucci, known for portraying Lucy on “The Big Bang Theory” for three seasons, disclosed her lung cancer diagnosis on TikTok last week.
In another context, Justine Skye experienced a notable year as TikTok users embraced a sped-up rendition of her 2014 single “Collide”, making it the most-used sound in the US with over 6 million creations across different versions of the song.
TikTok, the popular short video-sharing platform, has removed a total of 6,839,134 videos for violating Community Guidelines in Q2 2023. Comparatively, in Q1 2023, 4,236,493 Bangladeshi videos were removed by TikTok.
TikTok, the popular short video platform, has recently announced that they are going to enforce stricter content moderation to control misinformation regarding the ongoing Israel-Hamas war. These new steps by TikTok are being taken after a recent demand by the EU.
TikTok is marking World Mental Health Day on October 10th with a month-long campaign focused on mental health awareness for October. The platform aims to combat mental health stigmas and demonstrates its commitment to this cause.
TikTok has become a popular medium for artistes to interact and share dance videos with their fans. The recent idol to join the TikTok celebrity wagon is none other than BTS member Jungkook.