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.
Do any of these apply to you?
What makes the platform so appealing to regular users and content creators?
Dhaka Metropolitan Police, on May 29, announced that they have found a transnational racket including a number of Bangladeshi members, who were involved in trafficking Bangladeshi girls to India. The racket used the Tiktok app to target and lure young girls, many of whom are underaged, and forced them to become sex workers.
A Supreme Court lawyer today filed a writ petition with the High Court, seeking its directives on the authorities concerned to stop operations of mobile phone apps -- Bigo Live, Tiktok video and Likee -- in order to “protect youths from social degradation”.
Police arrested popular TikTok video maker Yasin Arafat Opu, better known as "Opu Bhai" on social media, along with an accomplice, on charges of assaulting, harassing and beating people in Uttara area of the capital.
Cricketer Mashrafe Mortaza auctioned a bracelet for many moneys. Now everyone wants a similar piece of action especially TikTok stars who cry passionately for absolutely no reason.