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  • How a marked-up term sheet and messy rollout threw TikTok deal into disarray Sep 23, 2020 10:11 PM IST

    How a marked-up term sheet and messy rollout threw TikTok deal into disarray

    ByteDance's version of the deal would also defy President Donald Trump's order last month calling for the Beijing-based company to relinquish ownership of the app in the United States.

  • What happens when Americans join the global internet Sep 23, 2020 02:05 PM IST

    What happens when Americans join the global internet

    For people who spend a lot of time on TikTok, the past few months have been surreal: a president with no presence on the platform has been agitating to ban it on the basis of national security.

  • ByteDance, Oracle at loggerheads over terms of TikTok agreement Sep 21, 2020 07:31 PM IST

    ByteDance, Oracle at loggerheads over terms of TikTok agreement

    China's ByteDance was racing to avoid a crackdown on TikTok after the US Commerce Department said on Friday it would block new downloads and updates to the app come Sunday.

  • TikTok deal exposes a security gap, and a missing China strategy Sep 21, 2020 06:01 PM IST

    TikTok deal exposes a security gap, and a missing China strategy

    TikTok presented an entirely new problem, one that most policymakers in the United States had not contemplated before.

  • China's ByteDance seeks $60 billion TikTok valuation in US deal: Report Sep 20, 2020 06:20 PM IST

    China's ByteDance seeks $60 billion TikTok valuation in US deal: Report

    Oracle will take a 12.5 percent stake in TikTok Global and store all its US user data in its cloud to comply with US national security requirements, the companies said on Saturday.

  • Donald Trump backs deal allowing TikTok to continue US operations in partnership with Oracle, Walmart Sep 20, 2020 08:43 AM IST

    Donald Trump backs deal allowing TikTok to continue US operations in partnership with Oracle, Walmart

    President Donald Trump has said he backs the deal between TikTok’s owner ByteDance, Oracle and Walmart to create a new company that will assume the video app’s United States operations called TikTok Global.

  • China launches sanctions regime after United States moves on TikTok, WeChat Sep 19, 2020 01:26 PM IST

    China launches sanctions regime after United States moves on TikTok, WeChat

    China's long-expected "unreliable entities list" is seen as a weapon for Beijing to retaliate against the United States, which has used its own "entity list" to shut Chinese telecom giant Huawei out of the US market, while also moving against TikTok and WeChat.

  • Trump administration bans US downloads of TikTok, WeChat from September 20 Sep 18, 2020 05:40 PM IST

    Trump administration bans US downloads of TikTok, WeChat from September 20

    The US government has given TikTok until November 12 to resolve national security concerns posed by the app, following which the prohibitions may be lifted.

  • TikTok-Oracle deal: US President Trump likely to take a decision within next 24-36 hours Sep 17, 2020 08:09 PM IST

    TikTok-Oracle deal: US President Trump likely to take a decision within next 24-36 hours

    Last month, the Trump administration had issued an executive order calling ByteDance – the parent company – to sell or to completely shut down TikTok's US business operations, citing national security concerns.

  • Senator Rubio urges Trump to scrap TikTok-Oracle deal if Bytedance ties remain Sep 16, 2020 08:56 PM IST

    Senator Rubio urges Trump to scrap TikTok-Oracle deal if Bytedance ties remain

    'We remain opposed to any deal that would allow China-based or controlled entities to retain, control or modify the code or algorithms that operate any US-based version of TikTok,' Rubio wrote in the letter, dated Wednesday.

  • US offers to exempt employees, contractors from TikTok executive order Sep 15, 2020 09:05 PM IST

    US offers to exempt employees, contractors from TikTok executive order

    Trump's August 11 order banned ByteDance from operating in the United States by September 20 if it does not sell the popular app before then.

  • Here's why TikTok India's social media pages are active despite ban Sep 15, 2020 06:06 PM IST

    Here's why TikTok India's social media pages are active despite ban

    The steep rise in following count can be attributed to users looking to get some news updates on TikTok India's comeback.

  • From AliExpress to Snack Video: Here are some apps with Chinese ties that have flown under the radar Sep 14, 2020 02:50 PM IST

    From AliExpress to Snack Video: Here are some apps with Chinese ties that have flown under the radar

    The total number of Chinese apps blacklisted in India have reached 224.

  • TikTok meets September 15 deadline as Oracle beats Microsoft to be the new owner Sep 14, 2020 07:47 AM IST

    TikTok meets September 15 deadline as Oracle beats Microsoft to be the new owner

    ByteDance has managed to meet the September 15 deadline to sell TikTok's US operations. The company has chosen Oracle instead of Microsoft.

  • The woman taking over TikTok at the toughest time Sep 12, 2020 10:39 PM IST

    The woman taking over TikTok at the toughest time

    Vanessa Pappas is keeping a focus on the app’s community of creators and users as it deals with pressure from President Trump, Beijing and a possible sale

  • China would rather see TikTok US close than a forced sale Sep 12, 2020 11:43 AM IST

    China would rather see TikTok US close than a forced sale

    ByteDance said in a statement to Reuters that the Chinese government had never suggested to it that it should shut down TikTok in the United States or in any other markets.

  • Forget TikTok, China’s powerhouse app is WeChat, and its power is sweeping Sep 06, 2020 11:46 AM IST

    Forget TikTok, China’s powerhouse app is WeChat, and its power is sweeping

    For most in China, WeChat is a sort of all-in-one app: a way to swap stories, pay bills, buy stuff and get news. For the millions of China’s diaspora, it links them to home. Woven through it all is the ever more muscular surveillance and propaganda of the Chinese Communist Party

  • SoftBank may bid for TikTok's India assets, eyes local partners: Report Sep 03, 2020 09:42 PM IST

    SoftBank may bid for TikTok's India assets, eyes local partners: Report

    SoftBank also has a stake in ByteDance, the parent company of TikTok.

  • Aspiring TikTok buyers pursue four options in effort to revive talks Sep 02, 2020 09:38 PM IST

    Aspiring TikTok buyers pursue four options in effort to revive talks

    Beijing last week updated its export control rules to restrict the sale of technology such as the one used by TikTok to recommend videos to users, raising questions over whether it would veto a deal and giving prospective buyers Microsoft and Oracle pause for thought.

  • Trump's ban threat: Bytedance CEO looks into other options after China's new rules Sep 01, 2020 07:31 PM IST

    Trump's ban threat: Bytedance CEO looks into other options after China's new rules

    The company’s regulatory team and deal negotiators are in discussions to see if it's still possible to craft a sale that can win approval from both governments, an acquirer, venture investors and ByteDance itself.

  • China's new tech export controls could give Beijing a say in TikTok sale Aug 30, 2020 03:19 PM IST

    China's new tech export controls could give Beijing a say in TikTok sale

    China's Ministry of Commerce added 23 items – including technologies such as personal information push services based on data analysis and artificial intelligence interactive interface technology – to the restricted list

  • What does Walmart see in TikTok? Millions of young shoppers Aug 29, 2020 09:02 PM IST

    What does Walmart see in TikTok? Millions of young shoppers

    The big-box retailer has given only a vague rationale for why it would want TikTok, but it appears to boil down to its vast audience of young people.

  • Centricus, Triller offer $20 billion joint bid for TikTok's US, India, Australia & NZ units: Report Aug 29, 2020 10:22 AM IST

    Centricus, Triller offer $20 billion joint bid for TikTok's US, India, Australia & NZ units: Report

    The offer by Centricus and Triller joins the bids made by US giants like Microsoft, Oracle and Walmart; Twitter and Alphabet

  • TikTok US business sale to Microsoft-Walmart or Oracle likely to be announced this weekend: Report Aug 29, 2020 08:59 AM IST

    TikTok US business sale to Microsoft-Walmart or Oracle likely to be announced this weekend: Report

    TikTok was initially given 90 days to handover its US business to any American company after President Donald Trump signed an executive order issuing a ban on grounds of national security.

  • Walmart partners with Microsoft for TikTok bid Aug 27, 2020 09:45 PM IST

    Walmart partners with Microsoft for TikTok bid

    US President Donald Trump has demanded that China's ByteDance, which owns TikTok globally, sell its US operations, citing potential national security risk due to the vast amount of private data the app is compiling on US consumers.

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