TikTok Financial News
29.11 / 03:17
markets
Platform
Strategy
TikTok
Experts
Meta Platforms
country
social
Australia's world-first social media ban for children under 16 attracts mixed reaction
Australia approved the social media ban for children late on Thursday after an emotive debate that has gripped the nation, setting a benchmark for jurisdictions around the world with one of the toughest regulations targeting big tech. The law forces tech giants from Instagram and Facebook owner Meta Platforms to TikTok to stop minors from logging in or face fines of up to A$49.5 million ($32 million). A trial of enforcement methods will start in January, with the ban to take effect in a year.
28.11 / 15:27
UPS
Landmark
TikTok
Bill
country
social
Australia lawmakers pass landmark social-media ban for under-16s
Subscribe to enjoy similar stories. Australia is set to become the first country to ban social media use by under-16s after the country’s Senate overwhelmingly voted in favor of strict new legislation. The ban, which will take at least 12 months to come into effect, could see technology companies fined up to 50 million Australian dollars, roughly $32.5 million, if they fail to bring in steps to prevent children from holding accounts.
28.11 / 10:49
Platform
Election
ByteDance
TikTok
President
Meta Platforms
social
2020
How TikTok’s Trump whisperer changed minds in Washington
Subscribe to enjoy similar stories. When the Biden administration said in March that it supported legislation that could ban TikTok, Tony Sayegh jumped into action. Sayegh, the head of public affairs at one of TikTok’s biggest investors, had become an unofficial adviser to the Chinese-owned social-media giant as it navigates survival in the geopolitical crosshairs of the world’s two superpowers.
26.11 / 14:09
JPMorgan
Strategy
TikTok
trends
War
social
Videos
Dictionary.com's 2024 word of the year has been announced. From Biden to Kim Kardashian, all have used it.
demure' has been announced as the 2024 word of the year by Dictionary.com. 'Demure' world went viral over the summer- beating out other contenders like “brainrot,” “brat,” and “weird.” According to Dictionary.com, the term ‘demure’ means to be characterized by shyness and modesty and to be reserved. The term topped the platform’s annual list after its popular use on social media in recent months, sparked by TikToker Jools Lebron’s viral video using the phrase “Very demure, very mindful." ALSO READ: Work 3.5 days a week and lifespan of 100 years a reality soon? JPMorgan CEO Jamie Dimon envisions a future
25.11 / 21:57
markets
Strategy
TikTok
song
dance
reports
Videos
Leonardo di Caprio doesn't acknowledge traditional song and dance at Fiji hotel, dubbed as snobbish and disrespectful; video goes viral on TikTok
Fiji, Leonardo DiCaprio was called a snob and disrespectful. Leonardo DiCaprio has been condemned after seemingly ignoring a customary Fijian welcoming ritual at a Fijian hotel, as quoted in a report by Express US. In a TikTok video that has gone viral, DiCaprio is seen walking by hotel employees doing a traditional song and dance while sporting sunglasses, a black cap, and a tracksuit. It appears as though he is taking a phone call. The actor didn't acknowledge the actors and went straight to a waiting van. People on social media reacted negatively to the incident. One person commented, «My fiji whānau, don't waste your energy. He's so disrespectful, omg.»
25.11 / 17:43
UPS
Digital
Platform
Assurant
TikTok
Instagram
social
Social media sites call for Australia to delay its ban on children younger than 16
An advocate for major social media platforms has told Australia's Parliament that a plan to ban children younger than 16 from the sites should be delayed rather than being rushed to approval this week
25.11 / 11:59
markets
Digital
Platform
TikTok
Experts
audience
TIPS Music inks direct partnership with TikTok
TIPS Music, one of India’s leading music labels with an expansive catalogue of over 31,000 songs, has inked a direct, strategic partnership to promote its music library on TikTok. This partnership will enable music fans, Non-Resident Indians (NRIs) and expatriates, to access and engage with TIPS Music’s rich and diverse music collection on the popular short-form video platform. The agreement between TIPS Music and TikTok aims to meet the increasing demand for Indian music among global audiences.
23.11 / 09:25
UPS
Election
TikTok
stars
Features
Videos
Interviews
Who is Kanwal Aftab? The 4th Pakistani influencer video gets leaked in one month
explicit videos leaked. Weeks after Minahil Malik, Imsha Rehman, and Mathira Khan, another influencer named Kanwal Aftab has found herself the victim of an alleged breach of privacy. Several videos featuring Aftab in a compromising situation have taken the Internet by storm.
23.11 / 07:39
22.11 / 14:37
UPS
Platform
Reddit
TikTok
social
reports
Australia rejects Elon Musk's claim that it plans to control access to the internet
An Australian Cabinet minister has rejected X Corp. owner Elon Musk’s allegation that the government intends to control all Australians' access to the internet through legislation that would ban young children from social media
20.11 / 13:41
markets
Digital
Citizens
TikTok
President
Experts
cover
Trump’s plan to end birthright citizenship, will his son Barron be a U.S. citizen? Here's all you need to know
Donald Trump's plan to terminate birthright citizenship would have major repercussions for his youngest son, Barron, according to a Facebook post from November 16. Part of the post's text says that he's not a citizen and has to go because he was born three months before his mother became a US citizen. The claim was reposted thousands of times on TikTok and X, and it garnered hundreds of likes and shares on Threads. However, for a number of reasons, Barron Trump's citizenship in the United States would not be impacted by his father's proposal to become president. Children born in the nation to at least one parent who is already a citizen or lawful permanent resident would not be covered; it would only cover future births. Both of Barron Trump's parents fulfilled that condition at the time of his birth, as quoted in a report by USA Today.
20.11 / 13:27
Digital
Platform
TikTok
Bill
Instagram
social
information
Australia won't force social media users to share their personal details when child ban takes effect
Australian communications minister says the government won’t force social media users to hand over personal information to tech companies, as children younger than 16 are set to be banned from the platforms
19.11 / 03:53
FIVE
Platform
TikTok
Research
social
reports
Podcasts
About 20% of Americans regularly get their news from influencers on social media, report says
A report released Monday by Pew Research Center says about one in five Americans regularly get their news from so-called news influencers on social media
18.11 / 18:01
markets
Provident
Digital
TikTok
President
Freedom
International
For top Commission regulator, Trump taps big tech critic Brendan Carr
Donald Trump has chosen Brendan Carr, the senior Republican on the Federal Communications Commission, as its chair. Carr has served at the agency since 2012, including as an adviser to a later chair, Ajit Pai, and has worked as its general counsel. Trump during his first presidency nominated Carr to the FCC in 2017. «Commissioner Carr is a warrior for Free Speech, and has fought against the regulatory Lawfare that has stifled Americans' Freedoms, and held back our Economy,» Trump said in a statement.
17.11 / 09:47
TikTok
trends
show
social
Features
Videos
Sporting
After Pakistani TikToker Imsha Rehman and Minahil Malik, Indonesian sports influencer’s private video goes viral; who is Lydia Onic?
Minahil Malik and Imsha Rehman’s explicit videos were leaked online, Indonesian social media sensation Lydia Onic has become the latest victim of this worrying trend. A leaked explicit video allegedly featuring the Indonesian e-sports personality has stirred significant conversation online. The 12-minute clip, which many claim shows someone resembling Lydia, also known as Lydia Setiawan in gaming circles, has gone viral on social media. This incident mirrors recent controversies involving Pakistani TikTok stars Imsha Rehman and Minahil Malik, both of whom faced public scrutiny after private videos surfaced online. Imsha Rehman, a 22-year-old TikTok influencer with a substantial fan base, became the target of harsh criticism when her intimate video was leaked. While some accused her of orchestrating the leak for attention, evidence suggests she might have fallen victim to a data breach. Overwhelmed by the backlash and a flood of negative comments, Rehman deactivated her social media accounts, stating, «Until the video stops circulating, I am staying offline.» Despite her efforts, screenshots from the video spread widely, sparking memes and intensifying the controversy.
16.11 / 16:03
15.11 / 08:16
UPS
Digital
Platform
TikTok
Experts
Universities
social
Australia's plan to ban children from social media proves popular and problematic
The Australian government's plan to ban children from social media to protect them from harm has won almost universal political support
14.11 / 04:41
CEO
Platform
TikTok
Photos
Features
Videos
Profiles
Chinese AI startup takes aim at OpenAI's Sora with image-to-video tool launch
BEIJING — Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos by combining images.
14.11 / 00:09
COST
Citi
TikTok
Bill
country
Features
politician
NYC bans unusual practice of forcing tenants to pay real estate brokers hired by landlords
Tenants searching for an apartment in New York City have long been forced to pay thousands of dollars to real estate brokers
13.11 / 02:55
TikTok
Instagram
love
social
stars
Features
Videos
After Minahil Malik, another Pakistani TikTok star Imsha Rehman’s X-rated video goes viral; here's how she reacted
Minahil Malik’s explicit video went viral, earning her a lot of backlash, another Pakistani TikTok influencer found herself facing the same predicament. TikToker Imsha Rehman has become the newest victim of a privacy breach as some obscene videos featuring her have been leaked and went viral. Imsha’s videos showing her in an exposed state were circulated widely in WhatsApp groups. These clips have caused significant alarm and stirred strong reactions among her fans and the general public. Though no one has come forward to claim responsibility for leaking the videos, the incident has quickly become the center of attention.
12.11 / 19:33
Man
Platform
security
ByteDance
TikTok
President
Courts
Trump has promised to 'save TikTok'. What happens next is less clear
After a tumultuous year filled with anxiety and a legal fight about its future in the U.S., TikTok may have just been thrown a lifeline by the man who was once its biggest foe
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