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...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”....
...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....
...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....
...ByteDance had more than 3bn monthly active users across its various platforms, including Douyin and TikTok, 2bn of whom logged on to the apps daily during the second quarter....
...TikTok is thus partly a tale about the investment cost of geopolitical risk....
...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....
...“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?”...
...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”....
...The immediate question for TikTok is what the Senate now does....
...Meanwhile, other parties have expressed interest in acquiring TikTok from ByteDance....
...Is TikTok really a national security risk?...
...Last year, Instagram overtook TikTok as the most downloaded app in the world....
...TikTok critics have long argued that ByteDance would share data on US users with the Chinese government or pressure TikTok to promote Beijing’s views....
...The bill would ban app stores from distributing TikTok unless ByteDance divests the app within 180 days after passage....
...But the popularity of short-video app TikTok changed everything....
...TikTok denies the Chinese Communist party has any influence on the app through ByteDance....
...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....
...Revenue from TikTok makes up just 1 per cent of Universal’s revenue, it added. Warner Music, the third-largest record company, last year announced it had struck a new deal with TikTok....
...The imbalance around Kashmir, say, might have arisen because India has banned TikTok, but not Instagram....
...This has helped Indonesia to become TikTok’s largest market outside the US, with 125mn users. TikTok is driving global trends in ecommerce....
...TikTok, speaking after news of the probe broke, blamed a technical issue that led to it supplying inaccurate data....
...There is a risk employees could be challenged for covert filming but most TikTok users appear unconcerned that their employer would pursue a legal case....
...TikTok trend....
...The judge concluded that TikTok had done so....
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