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...TikTok’s active users reached 1.12bn, with a decline of 12mn in the final three months of last year. However, TikTok continues to gain better engagement from its more than 1bn active users worldwide....
...A TikTok spokesperson said: “We strictly adhere to the requirements of US tax laws....
...TikTok chief Shou Zi Chew also told the app’s users that, if passed, the legislation “will lead to a ban of TikTok in the United States”....
...Universal wants TikTok’s royalty money to go towards musicians, while TikTok wants the “royalty pot” to also be shared with fans who use AI to make their own tracks....
...Some clergy have become accidental TikTok stars....
...Separately, the EU executive said on Monday it has given TikTok 48 hours to address concerns over whether it had broken EU law....
...Few appreciate that TikTok is not available in China....
...The new TikTok bill gives ByteDance 270 days to divest the app, bringing the deadline past the US election in November....
...The group also paid Kellyanne Conway, a former senior Trump political adviser, to do TikTok-related polling. Trump has said he did not discuss TikTok with Yass....
...TikTok is thus partly a tale about the investment cost of geopolitical risk....
...Universal wants TikTok’s royalty money to go towards musicians, while TikTok wants the pot to also be shared with fans who use AI to make their own tracks....
...TikTok said: “These security concerns are misplaced — TikTok is not available in China and ByteDance is a global company that is not controlled by any government.”...
...TikTok is the star of social media. Upstart networks such as Donald Trump’s Truth Social and Meta’s Threads might reach thousands or millions of users, but TikTok’s audience exceeds a billion....
...There is at least a plausible case that a Chinese-owned TikTok poses a threat to US security....
...“Do we want TikTok as a platform to be owned by an American company or owned by China? Do we want the data from TikTok, children’s data, adults’ data . . . staying here in America or going to China?”...
...Why can’t TikTok boss? / From WS Peng, Hong Kong...
...As the parent of a teenager, any harm to TikTok is a cause for celebration. In the memorable phrase of the former vice-president, Mike Pence, TikTok is “digital fentanyl”....
...Meanwhile, other parties have expressed interest in acquiring TikTok from ByteDance....
...Case in point: TikTok....
...TikTok denies the Chinese Communist party has any influence on the app through ByteDance....
...Is TikTok really a national security risk?...
...The bill would ban app stores from distributing TikTok unless ByteDance divests the app within 180 days after passage....
...Last year, Instagram overtook TikTok as the most downloaded app in the world....
...TikTok could not immediately be reached for comment. The lawsuit comes as TikTok has faced scrutiny over whether its working culture is hostile to women and minorities....
...TikTok said: “This bill is an outright ban of TikTok, no matter how much the authors try to disguise it....
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