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...TikTok has hit $16bn in sales in the US, where the viral video app that has hooked Gen Z users is at risk of being banned.Three people with knowledge of its finances said the app, owned by Beijing-based...
...The US government has also called for a ban or divestiture of the short-form video app beloved by American teenagers....
...However, three issues are causing particular alarm. First, hacks have surged since Russia’s invasion of Ukraine....
...TikTok is gearing up for a long legal battle against legislation in the US that threatens to ban the app in its largest market if its Chinese owner ByteDance refuses to sell the viral video platform....
...The move followed briefings from national security officials who warned that China could gain access to Americans’ personal data held on the app....
...After all, the app’s most-liked video involves a girl pulling faces at the camera....
...The US House of Representatives’ approval of a bill to ban TikTok from app stores unless it is sold by its Chinese parent company has confirmed the video-sharing platform as one of the biggest flashpoints...
...Images, videos and memes of Biden’s gaffes and stiff gait have become commonplace on social media, and they are likely to proliferate even more now....
...TikTok has urged its supporters to make the same case to Congress, arguing that the rights of the 170mn Americans who have downloaded the video app are in jeopardy....
...This year’s nominees include critically acclaimed blockbusters (Oppenheimer and Barbie), edgy fare (Poor Things), auteur turns (Killers of the Flower Moon, The Zone of Interest) and biting satire (American...
...ByteDance’s US investors are reviewing a range of options to address US government concerns over TikTok while salvaging their investments, including steps to take voting control of the popular video-sharing...
...The US House of Representatives last week passed a bill that would in effect ban TikTok in America unless its Chinese owner sells the video-sharing app....
...TikTok has partnered with US cloud software group Oracle to build a standalone unit to wall off American user data....
...This legislation will trample the first amendment rights of 170mn Americans and deprive 5mn small businesses of a platform they rely on to grow and create jobs.”...
...A powerful US congressional committee has passed a bill that would remove TikTok from app stores unless its Chinese owner divests the video-sharing platform, brushing off a lobbying campaign that had enlisted...
...Appearing in court, the four reportedly Tajik men appeared to have been beaten, and videos have circulated showing their apparent torture....
...“Now the most likely outcome is they will shut down the US, and all the American investors in ByteDance will bear the losses,” Li said....
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...Insofar as there are more pro-Palestinian videos, TikTok officials say this is correlation, not causation: American youth are dramatically more pro-Palestinian than older generations....
...President Joe Biden said he would sign a bill working its way through Congress that would ban US app stores from carrying TikTok unless its Chinese owner divests the popular video-sharing social media platform...
...It is a forced divestiture, and hopefully, a precedent on foreign corporate ownership of tools that can reach hundreds of millions of Americans....
...The day after American lawmakers voted overwhelmingly to force the Chinese owner of TikTok to sell the video-sharing app, its chief executive Shou Zi Chew expressed confusion....
...But the fate of TikTok, which 170mn Americans use to share and flip through short videos, is far from certain as the bill heads to the Senate....
...Makers must limit use through “minor modes” similar to those which followed curfews for the country’s teenage video gamers in 2021....
...Many Americans, sceptical and fatigued, are tuning out of the news entirely....
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