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Related Special Reports
...The company confidentially filed paperwork for an IPO in 2021 but opted to delay amid rising interest rates and falling tech stock prices....
...Several current and former employees said they were unable to access and review information easily about their shares in the company, noting the ownership details are managed via ByteDance’s China-based...
...The company is targeting between $31 and $34 a share, translating to a valuation of as much as $6.5bn. Reddit and the NYSE declined to comment....
...Any searches for terms such as “Taylor Swift” or “Taylor AI” on X returned an error message for several hours over the weekend, after AI-generated pornographic images of the singer proliferated online in...
...Big music companies earn billions of dollars a year through royalty payments from streaming services and social media groups including Spotify, Apple and Meta....
...hannah.murphy@ft.com...
...Deepfakes of celebrities including Taylor Swift, Selena Gomez and Elon Musk have been created to promote everything from kitchenware to crypto scams....
...Thirteen businesses have been acquired and integrated since 2011, and the company clearly isn’t resting on its laurels....
...Nevertheless, the approach has left Huffman and the company at odds with some Reddit communities, who have been resistant to any changes to the platform....
...In a global bulletin to staff on Wednesday, ByteDance, the Chinese company that owns TikTok, said it had “received feedback that some employees would like this opportunity to meet their cash and liquidity...
...It has also prompted lawmakers in both red and blue states to introduce so-called “Taylor Swift” bills aimed at reining in the ticketing giant....
...The company has also previously said it plans to allot a portion of its shares to retail investors and loyal users of its social network....
...“The company’s rebound hasn’t kept pace with the big tech titans,” said Insider Intelligence principal analyst Jasmine Enberg....
...The new capital spending adds a second fab that will also make 2nm and 4nm chips, as well as the construction of an advanced chip packaging facility for “2.5D packaging” of processor and memory chips....
...Nasdaq has historically dominated the market for tech listings in particular, though NYSE has previously won large companies such as Uber and Spotify....
...TikTok’s former global marketing head Katie Puris has accused the company of unlawfully firing her because some company executives, including the chair of its Chinese parent company ByteDance, believed she...
...The number of shares sold to retail and Reddit users would be “significant”, the company said....
...as part of their pay packages but have been unable to sell, write the Financial Times’ Tabby Kinder and Hannah Murphy....
...The Biden administration and the previous Trump administration both identified TikTok as a security risk, partly because Chinese law requires domestic companies to share data when requested by Beijing....
...And with the turf safe from harm, chances are someone like pop sensation Taylor Swift is putting bums on seats upstairs....
...It’s not that long ago that most car companies were funding climate misinformation, or spoofing emissions tests. And, now, every car company is pushing their electric vehicles. What changed?...
...Extremely Online: The Untold Story of Fame, Influence, and Power on the Internet by Taylor Lorenz Simon & Schuster $29.99/WH Allen £16.99, 384 pages Hannah Murphy is the FT’s social media correspondent...
...“We’ll of course review the report, but our analysis of the sites and limited information already shared with us did not identify ad revenue being shared with a single sanctioned entity,” said Dan Taylor...
...Rob Murphy, managing director of Edison Group, said Lloyds’ outlook “remains positive” and that “the shares look undervalued relative to global peers”....
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