ByteDance

Mitch McConnell, the U.S. Senate Republican Leader, has called for legislation that would compel the parent company of TikTok, China’s ByteDance, to divest the popular short video app. What Happened: On Monday, McConnell urged for the divestment of TikTok’s parent company, citing...

TikTok challenges often start as harmless fun but can quickly escalate into dangerous situations with serious consequences. What begins as an innocent attempt to gain online popularity can unknowingly lead participants down a risky path. These viral trends serve as a grave reminder that chasing...

Former Democratic Representative Tulsi Gabbard has raised a red flag on the proposed TikTok ban legislation that could have far-reaching implications for freedom of speech and the operations of social media platforms. What Happened: Gabbard highlighted the potential dangers of the bill, which he...

Amidst talks of a potential TikTok ban, Kevin O’Leary of “Shark Tank” fame expressed interest in purchasing the Chinese-owned app on Thursday. What happened: O’Leary revealed that several groups are forming to bid for TikTok, and he’s among...

In a market filled with uncertainties, Duolingo Inc (NASDAQ:DUOL) stands out as the most discussed name in the ed-tech space. After drawing positive sentiment and investor confidence in meeting management’s 2024 goals, the stock is up 67% over the past year. Duolingo Analyst: JPMorgan...

Rep. Jeff Jackson (D-N.C.) has lost thousands of TikTok followers after he voted in favor of the bill that would effectively ban the app in the U.S. if it was not sold.  What Happened: Last week, after the House of Representatives passed the bill to force the sale of TikTok and Rep. Jackson...

David Sacks, a prominent venture capitalist, has criticized Washington’s focus on TikTok, a popular video-sharing app, in the face of a porous southern border. What Happened: Sacks took to social media platform X, formerly known as Twitter, to express his disbelief at Washington’s...

The U.S. National Institute of Standards and Technology (NIST) has accused a researcher from ByteDance, the parent company of TikTok, of unauthorized access to an American artificial intelligence (AI) safety group chat. What Happened: The researcher, based in California, was added to a Slack...

Last week, the House of Representatives moved forward on a bill that could ban TikTok in the U.S. unless it is sold by its owner ByteDance Ltd. The move has already faced rejection from Beijing and is risking adding yet another complication to the already unstable relationship between the world's...

While TikTok’s future in the U.S. is in doubt, let’s fo back a few months when tech billionaire Elon Musk disclosed the reason behind his discontinuation of using the platform, which now seems like a common concern around the ByteDance-owned platform.  What Happened: Last year in August...

Billionaire owner of social media platform X, Elon Musk has criticized the proposed TikTok bill, warning that it could be misused in the future. What Happened: Musk took to X, formerly known as Twitter to express his concerns about the proposed legislation. He believes that the bill if passed,...

Former President Donald Trump surprised some people when he shared he was against banning TikTok. While Trump criticized the potential ban and the positive impact it could have on Meta Platforms Inc (NASDAQ:META), there could be a bigger reason for the former president's reversed course.   What...

The stage could be becoming set for a bidding war for TikTok if legislation is passed in the U.S. requiring the social media platform’s Chinese owner, ByteDance, to sell the company. The House of Representatives on Wednesday voted in favor of a bill that would force ByteDance to either sell...

A bill to push for TikTok parent company ByteDance to sell the company or face a ban passed the U.S. House of Representatives on Wednesday. News of the potential sale or U.S. ban could have a huge impact on content creators and could also see rival social media platforms benefit. What Happened: The...

Deepwater Asset Management managing partner Gene Munster on Wednesday echoes former President Donald Trump's views on the TikTok ban debacle.  What Happened: Munster took to X, formerly Twitter, and said, "TikTok ban took another step forward today with the House passing a bill to requiring...