Claims that TikTok had been sold circulated after the app went dark in response to a U.S. federal ban, then returned a short time later.
Disappointment, denial and confusion flooded US TikTok upon hearing that Chinese owner ByteDance planned to shut off the app by Sunday.
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark over the weekend.
A looming ban on TikTok set to take effect on Sunday presents a multibillion-dollar headache for app store operators Apple and Google.
Shou Zi Chew was an intern at Facebook before he became Mark Zuckerberg’s biggest competitor as CEO of TikTok. Shou Zi Chew may be the CEO of Mark Zuckerberg’s biggest competitor, TikTok, but at the start of his career, he worked for Zuckerberg as an intern at Facebook.
The US Supreme Court has upheld the law mandating China-based ByteDance to divest its ownership of TikTok by Sunday, or face an effective ban of the popular video-sharing app in the United States. The ruling underscores growing national security concerns tied to TikTok’s data collection practices and alleged links to the Chinese government,
With popular applications missing from the Apple App Store and Google Play Store in the US thanks to a ban (which looks set to be repealed by President Trump once he is sworn in), Facebook and Instagram-owner Meta has swooped in to scoop up content creators left adrift.
With TikTok’s fate in the US up in the air, Meta has launched an aggressive campaign to attract TikTok creators with substantial cash bonuses and new tools designed to enhance content creation and distribution on Facebook and Instagram.
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
Meta's attempt to lure creators to its platforms comes as questions remain over the future of its main rival in the US.