ByteDance Financial News

19.04 / 12:02

Platform ByteDance TikTok Bill social rights Legislation that could force a TikTok ban revived as part of House foreign aid package

Legislation that could ban TikTok if its China-based owner doesn’t sell its stake has won a major boost as House Republicans included it in a package of bills that would send U.S. aid to Ukraine and Israel

19.04 / 05:59

Provident Strategy ByteDance TikTok Bill President What's inside the $95 billion House package focused on aiding Ukraine and Israel

Speaker Mike Johnson has unveiled a long-awaited package of bills that will provide military aid to Ukraine and Israel, replenish U.S. weapons systems and give humanitarian assistance to civilians in Gaza

03.04 / 02:13

UPS security ByteDance TikTok Bill President Joe Biden reiterated US concerns over TikTok in call with Xi Jinping: White House

TikTok and its ownership came up as a topic of conversation in the call between US President Joe Biden and his Chinese counterpart Xi Jinping on Tuesday, the White House said, adding Biden raised American concerns about the app's ownership. In March, the US House of Representatives overwhelmingly voted to pass a bill giving ByteDance, the Chinese company that owns TikTok, about six months to sell the US assets of the app or face a ban, citing national security concerns. Senators are still undecided on how to proceed.

28.03 / 15:41

Platform ByteDance TikTok Instagram students social Schools 4 Canadian school boards sue Snapchat, TikTok and Meta for disrupting students' education

Four of the largest school boards in the Canadian province of Ontario have launched lawsuits against TikTok, Meta and SnapChat alleging the social media platforms are disrupting student learning

27.03 / 18:27

Platform security ByteDance TikTok Trade social Investigations TikTok is under investigation by the FTC over data practices and could face a lawsuit

A person familiar with the matter says the Federal Trade Commission is investigating TikTok over its data and security practices

27.03 / 03:11

Reuters security ByteDance TikTok Bill reports Schools Biden administration pursuing TikTok over data practices: report

TikTok over allegedly faulty privacy and data security practices, and could decide to bring a lawsuit or settlement in the next few weeks, Politico reported on Tuesday citing people with direct knowledge of the matter. Earlier in March, the U.S. House of Representatives overwhelmingly voted to pass a bill giving ByteDance about six months to sell the U.S. assets of the app, or face a ban.

27.03 / 02:09

markets IPO Enterprise ByteDance performer orienteering Alibaba calls off $1 billion IPO for Cainiao amid market slump

initial public offering for its Cainiao logistics arm, shelving a much-anticipated debut that could have raised more than $1 billion. China’s e-commerce pioneer decided to postpone the transaction because of poor market conditions, people familiar with the matter said. It lost its taste for the deal this year as stocks waned, the people said, asking to remain anonymous discussing a private matter.

19.03 / 13:09

Reuters ByteDance TikTok Research Experts Schools ByteDance researcher wrongly added to AI safety groupchat: US standards body

ByteDance was wrongly added to a group chat for American artificial intelligence safety experts last week, the US National Institute of Standards and Technology (NIST) said Monday. The researcher was added to a Slack instance for discussions between members of NIST's U.S. Artificial Intelligence Safety Institute Consortium, according to a person familiar with the matter.

17.03 / 04:03

markets UPS Provident ByteDance TikTok country Schools Americans invested billions in Chinese companies, now their money is stuck

But as deal-makers feverishly debated efforts this past week by lawmakers to force TikTok's Chinese parent company, ByteDance, to sell the app, they talked about a new version: China zombies.

16.03 / 06:05

ByteDance TikTok community Bill President love Videos TikTok urges US users to call senators to vote no on TikTok ban

TikTok displayed a notification to some U.S. users on Friday, urging them to call their senators and ask them to vote no to a bill that would ban the popular short-form video app if it is not divested from Chinese tech company ByteDance. «Tell your Senator how important TikTok is to you. Ask them to vote no on the TikTok ban,» the notice said, which allowed users to enter their zip code to locate their senator's phone number.

15.03 / 10:13

markets Platform ByteDance TikTok Bill country US lawmakers see TikTok as China's tool, even as it distances itself from Beijing

Since its inception, TikTok has been intended only for non-Chinese markets, unavailable in mainland China

15.03 / 10:13

Platform security ByteDance TikTok Bill voice social Former Treasury Secretary Steve Mnuchin says he's putting together investor group to buy TikTok

Former Treasury Secretary Steven Mnuchin says he’s going to put together an investor group to buy TikTok after the House passed a bill that would ban the popular video app in the U.S. if its China-based owner doesn’t sell its stake

14.03 / 23:03

Action security ByteDance TikTok Bill rights Videos NOT US Senate not moving to fast-track House bill for TikTok divestiture

By David Shepardson

14.03 / 17:23

WhatsApp ByteDance TikTok Bill Videos Former Treasury Secretary Steve Mnuchin says he's going to put together investor group to buy TikTok

Former Treasury Secretary Steve Mnuchin says he's going to put together investor group to buy TikTok. Former Treasury Secretary Steven Mnuchin says he's going to put together an investor group to buy TikTok, a day after the House of Representatives passed a bill that would ban the popular video app in the US if its China-based owner doesn't sell its stake. Speaking on CNBC's «Squawk Box,» Mnuchin said on Thursday that he believes TikTok should be sold.

14.03 / 10:09

markets Provident Tesla ByteDance TikTok Bill Updates Morning Bid: Oil smudges inflation view, Tesla in slow lane

A look at the day ahead in U.S. and global markets from Mike Dolan

14.03 / 04:01

Platform security ByteDance TikTok Bill President 2020 TikTok Ban in US: House passes bill with majority, Senate vote next, TikTok contests move & more | Top 10 Updates

TikTok, which boasts millions of American users, citing national security worries linked to its Chinese parent company, ByteDance. As per the Bill, ByteDance would have to divest from TikTok within 165 days or leave America. Only if ByteDance opts to sell off its interests could the app continue its US operations.

13.03 / 20:41

UPS security ByteDance TikTok Bill Universities 2020 US lawmakers say TikTok won't be banned if it finds a new owner. But that's easier said than done

U.S. lawmakers are threatening to ban TikTok but also say they are giving its Chinese parent company a chance to keep it running

13.03 / 20:39

Platform security ByteDance TikTok Bill President Videos House passes a bill that could lead to a TikTok ban if Chinese owner refuses to sell

A TikTok spokesman is criticizing Congress for being too secretive as it advances a proposal that could lead to a nationwide ban of the popular video app

13.03 / 15:27

security ByteDance TikTok Bill President country Schools US House overwhelmingly passes TikTok ban bill

US House of Representatives overwhelmingly approved a bill on Wednesday that would force TikTok to divest from its Chinese owner or get banned from the United States. The lawmakers voted 352 in favor of the proposed law and 65 against, in a rare moment of bipartisan unity in politically divided Washington.

13.03 / 01:09

Progressive security ByteDance TikTok Bill President Freedom TikTok CEO lobbies against US ban, faces skepticism in Congress

Trump calls TikTok a threat but says banning app would hurt some kids “I’ve spent hundreds of dollars on Drunk Elephant at Sephora because of my tween," Fetterman said, referring to a skincare brand that’s gone viral on the app, prompting teens and tweens to flood Sephora locations. “That’s annoying but I think there’s a security issue as well too.

12.03 / 21:03

WhatsApp ByteDance TikTok President Justice reports Department TikTok to be banned in US? Know these 3 points

US House and subsequently at the Senate.

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