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The Latest Breaking News from ByteDance

Why Meta's share price collapse is good news for the future of social media

Facebook may not be the original social media platform but it has stood the test of time – until recently. Meta, the company that owns Facebook, Instagram and WhatsApp, saw its value plummet by around $80 billion (£69 billion) in just one day at the end of October, after its…

The Conversation

U.S. Government Official Calls for Banning China's TikTok

The site has been controversial for years and pressure has stepped up to ban the popular social media site.

The Street

Interview: FCC commissioner says government should ban TikTok

It's the strongest language Carr has used to-date to urge action on TikTok.

Axios

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Musk Says He Bought Twitter 'To Help Humanity,' Pledges Not To Let It Become a 'Free-for-All Hellscape'

Plus: Charlottesville cracks down on city employee speech, judge dismisses "blackout challenge" lawsuit against TikTok, and more...

Reason

TechScape: Twitch and the dark side of the streaming dream

After streamer complaints of a toxic community culture, slashes in earnings and an unsustainable work model, what next for the Amazon-owned site?

The Guardian - UK

Alleged Chinese Spies Might Have Been Better Off Using Dollars

Chinese spies thought they had recruited an ally, and then found out he was working both sides.

The Street

From dance videos to global sensation: what you need to know about TikTok’s rise

The app has grown at breakneck speed from a simple lip sync platform to surpassing the internet behemoths in downloads

The Guardian - US

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TikTok Disputes Report That It Was Used to Monitor Americans

Long-suspected nefarious activity regarding user data in the United States, another TikTok controversy erupts.

The Street

TikTok denies report data used to track or ‘target’ US citizens

Chinese-based team at parent company ByteDance alleged by Forbes to have planned to collect location information

The Guardian - UK

Facebook's Chinese Rival Internally Shares Its Financial Reports; Losses Mount In Its Bid For Growth

TikTok parent ByteDance Ltd saw its operating losses more than triple last year to above $7 billion as it spent heavily to continue its torrid growth, the Wall Street Journal reports citing financial info shared with employees. ByteDance also produced an operating profit in the first quarter of 2022, the report showed. ByteDance has closely…

Benzinga

Stocks Higher, Musk and Twitter, Credit Suisse, Tik Tok and OPEC Response - Five Things To Know

Stock futures are higher ahead of the release of key September jobs data; Musk gets a slightly more time from a judge to close a deal with Twitter; Credit Suisse buys back $3 billion of its stock, Tik Tok operating losses more than triple, and the U.S. weighs a response…

The Street

The censor cannot hold: the pressure of controlling China's internet

San José (United States) (AFP) - As a teenager in rural China, Zeng Jiajun used his internet know-how to watch a banned documentary on the bloody military crackdown in Tiananmen Square.

AFP

TikTok reports $1bn turnover across international markets

Chinese-owned platform popular among teens and young adults saw its turnover rise by 477% last year

The Guardian - UK

Russia fines TikTok for 'LGBT propaganda', Twitch over Ukraine content

Russia on Tuesday fined TikTok for failing to delete content that violates Russian laws on 'LGBT propaganda' and streaming service Twitch for hosting a video interview with a Ukrainian political figure that Moscow said contained 'fake' information.

Reuters

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The New Daily

Actors voice concerns over the rising use of AI in film industry

While James Earl Jones has given Disney permission to generate his Darth Vader voice using AI, others in the space haven't been as fortunate.

Evening Standard

TikTok drawing up plans to deal with Chinese security concerns to avoid a sale

The US government had asked TikTok’s Chinese parent company to sell it over concerns Chinese authorities were able to access user information

Benzinga

Will TikTok Get Banned In The US? Over 60% Of Benzinga's Twitter Followers Say This

Leading social platform TikTok has become one of the most downloaded and used apps around the world with growing interest in the U.S. Facing security concerns with links to China, the app faces a potential ban in the U.S. Here’s what Benzinga followers think could happen.

Benzinga

Yesterday's News? Qutoutiao Adds Delisting Threat to Growing Headaches

Key Takeaways: Qutoutiao faces potential delisting after being notified last week that the value of its publicly held shares is too small The cash-strapped company has adopted a cost-cutting strategy over the last two years, and has yet to report its first and second quarter results for this year By…

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The Street

TikTok Parent Guts a Major Division

ByteDance has decided to tone down its efforts in a key area.

The Guardian - AU

TikTok can track users’ every tap as they visit other sites through iOS app, new research shows

Researcher says social media app can collect keystroke information but ‘there is no way for us to know’ if or how data is used

Crikey

Home Affairs Minister Clare O’Neil’s TikTok account has disappeared after her warning

Clare O’Neil used TikTok as recently as 20 May, despite fears about the app’s data security practices and its links to the Chinese government.

Asharq Al-Awsat

Russia to Enforce Search Engine Disclaimers on Five Foreign IT Firms

Russia's state communications regulator said on Friday it was taking punitive measures against five foreign IT companies for violating online content laws, which could require search engines to include a disclaimer about the violations. The regulator, Roskomnadzor, said it was imposing measures against ByteDance's TikTok, Telegram messaging service, Zoom Video…

Input

Oracle begins reviewing TikTok algorithms as data security doubts intensify

TikTok’s “Project Texas” rehab campaign has officially begun.

Radio France Internationale

Chinese tech giants submit 'top secret' algorithms to Beijing regulator

Chinese tech giants including Alibaba, Tencent and ByteDance – the parent company behind the TikTok video app – have submitted details of algorithms used in some of their products to China's state regulator, in an unprecedented move that strengthens Beijing's oversight of the sector.

The National (Scotland)

UK Parliament TikTok account suspended over concerns about links with China

THE UK Parliament's TikTok account has been shut down amid concerns about links with China.

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People

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