Tag: bytedance
TikTok’s woes helped Triller become one of its biggest competitors
While TikTok’s future in the US is starting to become clear, the weeks of uncertainty surrounding the app has undeniably helped one of its biggest rivals. I’m not talking about Instagram, but music video app Triller, which has surged in popularity am… Source
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Microsoft is officially not buying TikTok
Microsoft is officially out of the running to buy TikTok. The company issued a brief statement on Sunday confirming that ByteDance, TikTok’s parent company, rejected its offer to buy TikTok’s US operations. Meanwhile, ByteDance seems poised to announ… Source
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TikTok’s owner might refuse to sell its algorithm to a US buyer
If TikTok wants to sell itself to a US company and avoid a potential ban, it might have to leave behind one of its most important pieces of code. South China Morning Post sources claim TikTok’s parent, ByteDance, won’t sell or transfer the social vid… Source
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Chinese government reportedly would rather TikTok shut down than be sold
China could throw yet another wrench in TikTok’s attempts to secure its future in the US. Officials in the country are opposed to a sale and would rather see the app be banned than sold to an American company, Reuters reports.The report, which cites… Source
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How TikTok got caught in the middle of a trade war with China
Less than three years after merging with Musical.ly, TikTok looked like it might just achieve something many have tried but few have accomplished: becoming an actual competitor with Facebook and Instagram.Then Donald Trump stepped in. Source
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TikTok will sue the US over threatened ban
TikTok’s paths to staying alive in the US apparently include taking the government to court. In the wake of a Reuters report, TikTok has confirmed to CNBC that it plans to sue the Trump administration over an executive order banning transactions with… Source
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