TikTok’s fight with the Trump administration doesn’t yet appear to be over, regardless of what the deal that was signed between its parent company ByteDance and Oracle says. Earlier today, the company filed a motion to stop the Commerce Department from enforcing a ban against the popular social app. That ban was supposed to come […] …Continue Reading

The September 20 deadline for a purported TikTok sale has already passed, but the parties involved have yet to settle terms on the deal. ByteDance and TikTok’s bidders Oracle and Walmart presented conflicting messages on the future ownership of the app, confusing investors and users. Meanwhile, Beijing’s discontent with the TikTok sale is increasingly obvious. […] …Continue Reading

Companies send out conflicting messages about the TikTok deal, Microsoft acquires a gaming giant and the WeChat ban is temporarily blocked. This is your Daily Crunch for September 21, 2020. The big story: This TikTok deal is pretty confusing This keeps getting more confusing. Apparently TikTok’s parent company ByteDance has reached a deal with Walmart […] …Continue Reading

There is no shortage of speculations and reports around TikTok’s future in the U.S. Amid a swirl of rumors, TikTok’s Chinese parent ByteDance issued a statement (in Chinese) on Monday morning, bringing clarity to its ongoing deal that has captured global attention over the past few weeks. ByteDance is still the owner China’s ByteDance confirms […] …Continue Reading

Well… that was pointless. After debasing the idea of free commerce in the U.S in the name of a misplaced security concern, stringing along several multi-billion dollar companies that embarrassed themselves in the interest of naked greed, and demanding that the U.S. government get a cut of the profits, the TikTok saga we’ve been watching […] …Continue Reading

The U.S. Commerce Department has now announced the details of how it will enforce the shutdown of TikTok and WeChat in the country, after announcing in August plans to do so by September 20 over national security concerns. The news is structured along two dates, September 20 and November 12. Both apps and their app updates […] …Continue Reading

TikTok has fixed four security bugs in its Android app that could have led to the hijacking of user accounts. The vulnerabilities, discovered by app security startup Oversecured, could have allowed a malicious app on the same device to steal sensitive files, like session tokens, from inside the TikTok app. Session tokens are small files […] …Continue Reading

The United States government will not extend the September 20 deadline for Beijing-based ByteDance to sell TikTok, President Donald Trump said on Thursday. This adds urgency to negotiations because TikTok may be banned in the United States if it can’t reach an agreement with a buyer. “We’ll see what happens. It’ll either be closed up […] …Continue Reading

Kevin Mayer, the chief executive of TikTok, announced on Wednesday that he is resigning, just over 100 days after the former Disney executive joined the world’s largest short video app in mid-May. The news came on the heels of TikTok’s move to sue the U.S. government over its forthcoming ban. The app, owned by Chinese internet upstart […] …Continue Reading

TikTok is suing the U.S. government in federal court over the Trump Administration’s decision to ban TikTok in the U.S. market. Reports that TikTok would soon file a legal challenge to the ban were already making the rounds this weekend, ahead of TikTok’s formal announcement of the lawsuit, shared today on its company blog. TikTok […] …Continue Reading

TikTok is right in the jaws of a thorny situation with the U.S. government regarding its ownership, but it’s sending a clear message today that it is not sitting on its heels with big deals. Yesterday, it announced a deal with UnitedMasters to allow artists on TikTok to distribute their songs directly to streaming services […] …Continue Reading

Chinese giant ByteDance is engaging in early discussions with Reliance Industries Limited, the parent firm of telecom giant Jio Platforms, for financially backing TikTok’s business in India in a move to potentially save the popular video app’s fate in its biggest market by users, two people familiar with the matter told TechCrunch. The two companies […] …Continue Reading

The Wall Street Journal is reporting that TikTok and Twitter have held talks about a potential merger, even as the video sharing company defends itself against President Donald Trump’s pressure to force the sale of the business or potentially ban it. As the internationally distributed video streaming version of Chinese technology developer Bytedance’s social media […] …Continue Reading

Trump escalates his campaign against Chinese tech companies, Facebook extends work from home until the middle of 2021 and Netflix adds support for Hindi. Here’s your Daily Crunch for August 7, 2020. The big story: Trump signs orders banning US business with TikTok owner ByteDance and Tencent’s WeChat Both orders will take effect in 45 […] …Continue Reading

President Donald Trump signed an executive order on Thursday banning transactions with ByteDance, the parent company of popular app TikTok . The White House also announced that he signed a similar order banning transactions with Tencent-owned WeChat, a messaging app that is ubiquitous in China, but has a much smaller presence than TikTok in the […] …Continue Reading