A federal judge blocked the Trump administration’s attempt to block TikTok Sunday, giving the Chinese social media platform an opportunity to forge a deal with Oracle.
The decision gives TikTok’s parent company, ByteDance, more time to approve a deal with Oracle and Walmart, media reports show. Judge Carl Nichols’s decision came hours before President Donald Trump’s ban of the video-streaming app was expected to take place. Read More
President Donald Trump said Saturday that he approved a transaction between Oracle and TikTok that allows the Chinese application to stay in the United States.
Part of the arrangement requires the newly U.S.-based TikTok company to direct $5 billion toward teaching American children “the real history of our country,” Trump told reporters at the White House, Bloomberg reported Saturday. The president later told rally attendees in North Carolina Saturday that he is establishing a “large fund for the education of American youth.” Read More
The U.S. Commerce Department said Friday it will ban Chinese-owned TikTok and WeChat from U.S. app stores on Sunday and will saddle the apps with technical restrictions that could seriously limit their functionality in the U.S.
The order, which cited national security and data privacy concerns, follows weeks of dealmaking over the video-sharing service TikTok. President Donald Trump has pressured the app’s Chinese owner to sell TikTok’s U.S. operations to a domestic company. It is not clear how the latest prohibitions will affect a deal recently struck by California tech giant Oracle aimed at satisfying U.S. concerns over TikTok’s data collection and related issues. Read More
Sen. Josh Hawley called on the Trump administration Monday to reject the partnership proposal Oracle reached with TikTok.
The Missouri Republican argued in a letter to Treasury Secretary Steven Mnuchin that the partnership won’t prohibit the Chinese Communist Party from controlling the app. Hawley said the Treasury Department’s Committee on Foreign Investment in the United States, which is responsible for approving or rejecting the deal, should reject anything other than a complete break from China. Read More
The short-video app TikTok has chosen Oracle as its corporate savior to avoid a U.S. ban ordered by President Donald Trump. The U.S. government will review the prospective deal.
That much is known. Everything else is confusion, at least to outsiders. Read More
TikTok CEO Kevin Mayer resigned from the Chinese-owned application after less than four months on the job, CNN reported Thursday morning.
“The role that I signed up for — including running TikTok globally — will look very different as a result of the US Administration’s action to push for a sell off of the US business,” Mayer said in memo to employees obtained by CNN. “I’ve always been globally focused in my work, and leading a global team that includes TikTok US was a big draw for me.” Read More
Video app TikTok said it will wage a legal fight against the Trump Administration’s efforts to ban the popular, Chinese-owned service over national-security concerns.
TikTok, which is owned by China’s ByteDance, insisted Monday that it is not a national-security threat and that the government is acting without evidence or due process. The company said it will file suit against the government later Monday in federal court in California. A copy of the complaint could not be obtained. Read More
President Donald Trump on Friday gave the Chinese company ByteDance 90 days to divest itself of any assets used to support the popular TikTok app in the United States.
Trump’s executive order said there is “credible evidence that leads me to believe that ByteDance … might take action that threatens to impair the national security of the United States.” Read More
Roughly a third of TikTok’s 49 million daily users in the United States are 14 years old or younger, The New York Times reported Friday, citing internal documents.
The Chinese app’s workers noticed videos from children who appear much younger that remained on the video-streaming platform for weeks, a former employee told the Times. The Children’s Online Privacy Protection Act (COPPA), passed in 1998, requires internet companies to obtain parental permission before gathering data from adolescents under 13. Read More
One of President Donald Trump’s biggest supporters inside Silicon Valley is acting behind the scenes to rescue TikTok’s U.S. operations while the president considers the app’s future, according to recently published media reports.
Doug Leone, a Sequoia Capital global managing partner, is pressing U.S. Treasury Secretary Steven Mnuchin and White House adviser Jared Kushner to find a solution to keep TikTok in the U.S., The Wall Street Journal reported Sunday, citing sources familiar with the discussion. Read More
TikTok threatened to sue President Donald Trump Friday for signing an executive order prohibiting individuals from communicating with the Chinese social media app’s parent company over the next 45 days.
The executive order, which also impacts Chinese app WeChat, was issued Thursday night “without any due process,” TikTok said in a press statement. Read More
Two days after President Trump told reporters that he plans to ban TikTok from the United States, Secretary of State Mike Pompeo suggested in an interview with Fox News that executive action may soon be taken against many other apps owned by Chinese firms.
Trump remarked to journalists aboard Air Force One on Friday that he could ban TikTok “with an executive order,” suggesting that the president has made up his mind about the popular short video platform. TikTok, which is owned by Chinese tech conglomerate ByteDance, has been at the center of a months-long debate over whether the data that it collects from American users could be exploited by China’s government. Read More
TikTok has hired several Democratic and Republican operatives to lobby the U.S. governmental amid concerns that the social media platform represents a national security threat.
The company hired several operatives recently to lobby on TikTok’s behalf, including Michael Hacker, who worked as a senior advisor to Democratic House Majority Whip James Clyburn of South Carolina, CNBC reported Friday. TikTok hired two executives from the Internet Association as well, according to the report. Read More
TikTok reinstated a pro-life group’s account Friday and cited “human error” after the platform said Live Action was permanently banned from TikTok Thursday. Read More
WASHINGTON/SAN FRANCISCO – The U.S. Army is undertaking a security assessment of China-owned social media platform TikTok after a Democratic lawmaker raised national security concerns over the app’s handling of user data, Army Secretary Ryan McCarthy said Thursday. Read More
NEW YORK / BEIJING / WASHINGTON – The U.S. government has launched a national security review of TikTok owner Beijing ByteDance Technology Co.’s $1 billion acquisition of U.S. social media app Musical.ly, according to two people familiar with the matter. Read More