ByteDance's Value Skyrockets to $300 Billion as TikTok Faces U.S. ScrutinyByteDance's valuation has surged to $300 billion amid scrutiny and potential U.S. ban on TikTok, prompting legal action by the company.
Lemon8 vs. TikTok: ByteDance's Battle for Social Media SupremacyLemon8, a social media platform owned by ByteDance, is steadily rising in the U.S. App Store rankings, according to a report from TechCrunch.
TikTok Time Bomb: U.S. Ban Sparks Legal BattleThe U.S. passed a bill forcing TikTok’s American business to be sold within 270 days.TikTok’s CEO vows not to leave and anticipates legal battles.Concerns about whether the Chinese government will retaliate against U.S. companies are raised.Despite efforts to attract foreign investment, it may be difficult to retaliate against the U.S. The Chinese company ByteDance is […]
TikTok Faces U.S. Ban Over National Security ConcernsPhoto=Newsis The famous Chinese social media app TikTok is facing potential expulsion from the U.S. due to national security concerns. TikTok has vehemently opposed this, arguing that the forced sale being pushed by the U.S. House of Representatives is an oppression of freedom of expression. According to Reuters on April 21, TikTok stated in a […]
U.S. Lawmakers Strike Deal on Data Privacy BillThe draft of an online privacy protection bill has finally been submitted to the U.S. Congress. Two major U.S. lawmakers announced on the 7th (local time) that they had agreed on a bipartisan draft data privacy bill that would limit the consumer data tech companies can collect, prevent them from selling it to Americans, and […]
ByteDance to Restart Gaming Business After US Passes TikTok Ban BillSold its gaming business last yearInternal notice of organizational restructuring to restart gaming business after the U.S. House of Representatives passed the Tik Tok Ban Bill Local reports have stated that China’s ByteDance, the parent company of TikTok, which is at risk of losing the U.S. market, is reviving the gaming business, previously sold to […]
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