Hints and tips:
...This is neither a recent development, nor is it unique to TikTok.”...
...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....
...TikTok will use these indicators to automatically flag when content is made using AI products....
...TikTok had collected in the country....
...In today’s newsletter: Jeff Yass’s TikTok riches Thames Water’s not-so-secure bonds FTC sues to block purse deal Jeff Yass fights for his TikTok fortune Jeff Yass made a prescient $80,000 bet on TikTok...
...TikTok has also made it clear that it is planning a legal fight. A ban would upset TikTok’s 170mn US users, who want to be left to make memes about industrial-grade glycine and other jokes in peace....
...Some clergy have become accidental TikTok stars....
...Shou Zi Chew, chief executive of TikTok, said: “Music is an integral part of the TikTok ecosystem and we are pleased to have found a path forward.”...
...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....
...What can TikTok do to stop a ban?...
...TikTok has denied the Chinese government has any control over the app....
...TikTok said at the time: “The report uses a flawed methodology to reach a predetermined, false conclusion.” But US aggression towards TikTok contrasts with China’s accommodation of Tesla....
...The Biden campaign posted its first TikTok video on February 11, the day of the Super Bowl. It was viewed more than 10mn times....
...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....
...Case in point: TikTok....
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