WASHINGTON: U.S. President Donald Trump on Thursday issued an executive order banning any transactions with ByteDance, the Chinese company that owns the video-sharing app TikTok, starting in 45 days. The app may be used for disinformation campaigns that benefit the Chinese Communist Party and the United States “must take aggressive action against the owners of … Read more
New short video apps, including Roposo, Chingari, Trell and Bolo Indya, have started monetising their platforms with advertisements, hashtag brand campaigns and social commerce as they race to fill the gap left by TikTok, the banned Chinese app.With the advertising market rebounding after the Covid19-led lockdown, the approach of the festival season and a cash-guzzling … Read more
By Ana Swanson and Michael D. Shear WASHINGTON — President Donald Trump campaigned on a promise to run the economy like his business empire. And for almost four years, he has unabashedly wielded the power of the presidency to insert himself into corporate affairs, helping some companies and punishing others in line with his instincts … Read more
By Tim Culpan Let’s get something clear upfront: Microsoft‘s purchase of TikTok isn’t worth $50 billion. That’s my opinion. But then again, it’s not my money. Some investors in its parent company, ByteDance Ltd., think it’s worth that much, according to a Reuters report last week. Good for them. We’ll soon find out its true … Read more
By Tony Czuczka The Trump administration will announce measures shortly against “a broad array” of Chinese-owned software deemed to pose national-security risks, U.S. Secretary of State Michael Pompeo said. The comments suggest a possible widening of U.S. measures beyond TikTok, the popular music-video app owned by ByteDance Ltd., one of China’s biggest tech companies. President … Read more
President Donald Trump says he will take action as soon as Saturday to ban Chinese-owned video app TikTok from the United States. Trump made the announcement to reporters Friday on Air Force One as he returned from Florida. “As far as TikTok is concerned, we’re banning them from the United States,” Trump said. U.S. lawmakers … Read more
By Kurt Wagner Microsoft Corp. is exploring an acquisition of TikTok’s operations in the U.S., according to a person familiar with the matter. TikTok, a video-sharing app, is owned by China-based ByteDance Ltd., which has been evaluating changes to its business structure because of the U.S. government’s national security concerns. President Donald Trump plans to … Read more
Chinese Internet giant ByteDance is considering changing the corporate structure of its popular short-video app TikTok, as it comes under intense scrutiny in India and the United States. Senior executives are discussing options such as creating a new management board for TikTok or establishing a headquarters for the app outside of China to distance the … Read more
BENGALURU: Caller ID app Truecaller said it is disappointing and saddening to learn that Truecaller is among the list of 89 apps being banned by the Indian Armed Forces for their personnel. In the recent development where the Indian Army has asked its personnel to delete 89 apps from their smartphones including Facebook, TikTok, Tinder, … Read more
Gaana, meanwhile, has launched a new platform — HotShots — which allows users to create and share short videos and stories with its audience base of more than 150 million. Gaana’s chief executive Prashan Agarwal said it is building on the expertise gained from its vertical video feature platform announced last year, to launch HotShots. … Read more