TikTok

Tech

Supreme Court upholds law that threatens US TikTok ban

In a unanimous vote, the high court said Friday that Congress acted constitutionally when it required ByteDance Ltd. to sell the video-sharing app by Jan 19 or face a ban.

Tech

TikTok allies close to Trump and Biden race to delay ban on app

The app, owned by China’s ByteDance Ltd., faces a deadline of Jan 19 to find a US buyer in order to continue operating in the country.
China discusses sale of TikTok US to Musk as one possible option - THE EDGE SINGAPORE

Tech

China discusses sale of TikTok US to Musk as one possible option

TikTok’s US operations could be valued at around US$40 billion to US$50 billion, Bloomberg Intelligence analysts Mandeep Singh and Damian Reimertz estimated last year.

Geopolitics

From TikTok to Nvidia, the tech war is getting uglier

Beijing has shown that it is willing to retaliate

Digital Economy

TikTok Shop triples Black Friday sales, topping US$100 million

The boost in sales comes as the app faces a potential shutdown in January under a new law signed by President Joe Biden.

Company in the news

TikTok parent ByteDance valued at about US$300 bil, says WSJ

The valuation came in a recent buyback offer by ByteDance, the Journal said, citing unidentified people with knowledge of the matter.

IPO

Investors may sing Triller's tune

Triller, an American creator platform, is set to be listed on the New York Stock Exchange (NYSE) at a discount to TikTok’s valuation.

UK

Bank of England taps TikTok influencers in quest to reach Gen Z

Younger people can “feel quite disconnected from financial institutions,” says an accountant involved in a BOE TikTok video, pointing to widespread misinformation online about personal finance.

Digital Economy

Will Triller knock out TikTok?

TikTok’s troubles may mean investors must dance to Triller’s tune.
How the TikTok law could Intensify the US-China tech spat - THE EDGE SINGAPORE

Global review

How the TikTok law could intensify the US-China tech spat

It is all but certain that China will retaliate against the US
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