Topic

ByteDancei

ByteDance is best known as the owner of the global short-video and shopping platform TikTok. It also operates the similar Douyin app in China. Both apps have skyrocketed in popularity in recent years, especially among younger people. ByteDance has been the focus of strained relations between China and the West, with policymakers in the US, Canada and Europe expressing concern that TikTok's Chinese ownership puts sensitive user data within reach of the Chinese government.

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The US and China should consider how the legitimate rights and interests of Chinese companies and investors can be properly protected in the United States without raising unfair security concerns.

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As many of the country’s tech founders hand over the reins, it’s worth remembering that once start-ups grow to a certain size they need professional managers to take over.

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  • TikTok is in the cross hairs of authorities in the US, where new legislation threatens a nationwide ban unless its China-based parent ByteDance divests
  • TikTok is already banned in several places and from some government-issued devices, due to worries that the app poses privacy and cybersecurity concerns
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The privately held social media giant has rejected a report that said it was ‘exploring scenarios’ to sell a majority stake in TikTok’s US operations.

The short video format enables TikTok’s algorithm to become much more dynamic and even capable of even tracking changes in users’ preferences and interests across time.

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ByteDance-owned TikTok is set to pursue legal action challenging the constitutionality of the measure, which US President Joe Biden has signed into law.

Secretary of State raised concerns in meeting with Shanghai party chief Chen Jining, but also said direct engagement between the two sides is a ‘necessity’.

US President Joe Biden has signed a bill that could ban TikTok from US app stores. His campaign plans to stay on the app anyway to reach crucial younger voters.

Biden signed the bill into law on Wednesday that provides billions of dollars of new US aid to Ukraine, notching a rare bipartisan victory for the president as he seeks re-election.

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Trade, Ukraine among topics on the agenda, with Blinken expected to pressure China to urge its firms to stop supplying dual-use goods to Russia or face more punitive measures.

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Within monthsof the Indian ban, Google rolled out YouTube Shorts and Instagram pushed out its Reels feature, mimicking short-form videos TikTok excelled at.

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Faced with the threat of fines, the Chinese-owned video-sharing platform has provided an assessment report on the app’s rewards-for-views scheme.

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Presumptive Republican nominee Donald Trump sought to blame President Joe Biden for legislation that would force the sale of social media platform TikTok, even though he attempted to ban the company himself when in office.

TikTok last week failed to submit to the commission a risk assessment for its spin-off app by an April 18 deadline, and now has to do so by Tuesday.

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Chinese state media has criticised a new bill passed by the US House of Representatives that would force a divestment of TikTok, while parent company ByteDance and Beijing have remained silent.

The US-based general counsel for TikTok and ByteDance has led years-long talks with the American government meant to stave off national security concerns about the app’s connections to China.

Joe Biden accused of prioritising ‘a short term-thaw’ with Beijing’s leaders at expense of ‘a long-term victory over their malevolent strategy’.

With European elections approaching in June, mainstream politicians are wary of ceding ground to fringe parties who have successfully exploited its short video format.

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Beijing-based ByteDance has left the US TikTok team lead its own response in countering legislation that would kick it out of domestic app stores, sources say.

The government is concerned about how the platform owned by Chinese firm ByteDance is complying with Kenya’s data protection and privacy laws and may ban public officials from using it.

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