tiktok

TikTok parent ByteDance reaches $300 billion valuation: report

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 orders TikTok to close Canadian operations 

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 plans to ban social media for users under 16

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.

TikTok sued over harmful content linked to teen suicides

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 parent ByteDance, is now China's richest man: report

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 to undergo mass layoffs; about 500 in Malaysia

TikTok is laying off hundreds of employees globally, including about 500 in Malaysia, as it shifts to AI-driven content moderation.

13 US states sue TikTok over alleged harm to young users

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. 

EU commission requests algorithm data from YouTube, TikTok, and Snapchat

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. 

TikTok parent ByteDance shifts AI development to Huawei: report

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.

November 17, 2024
November 17, 2024

TikTok parent ByteDance reaches $300 billion valuation: report

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.

November 7, 2024
November 7, 2024

Canada orders TikTok to close Canadian operations 

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.

November 7, 2024
November 7, 2024

Australia plans to ban social media for users under 16

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.

November 4, 2024
November 4, 2024

TikTok sued over harmful content linked to teen suicides

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.

October 29, 2024
October 29, 2024

Zhang Yiming, founder of TikTok parent ByteDance, is now China's richest man: report

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. 

October 13, 2024
October 13, 2024

TikTok to undergo mass layoffs; about 500 in Malaysia

TikTok is laying off hundreds of employees globally, including about 500 in Malaysia, as it shifts to AI-driven content moderation.

October 9, 2024
October 9, 2024

13 US states sue TikTok over alleged harm to young users

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. 

October 2, 2024
October 2, 2024

EU commission requests algorithm data from YouTube, TikTok, and Snapchat

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. 

October 1, 2024
October 1, 2024

TikTok parent ByteDance shifts AI development to Huawei: report

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.

August 14, 2024
August 14, 2024

TikTok introduces group chat feature

TikTok has recently added the group chat feature, which will allow users to engage in group conversations using the direct messaging option on the app. This new feature, which supports group conversations of up to 32 participants, is available only for users aged 16 and older.