Social Networking News

Rolling news and analysis coverage of the major social networking businesses around the globe and the sector as a whole.

TikTok China US

Trump to block US downloads of TikTok and WeChat

The Trump administration will prohibit WeChat and TikTok from being featured in US app stores beginning Sunday night, a move that will prevent Americans from downloading the contro...

Twitter

Twitter will force key US political accounts adopt tighter account security

Twitter, that was recently targeted at a hacking campaign that compromised the balances of notable political figures and celebrities, has said that it was implementing increased se...

Facebook App

Facebook will no longer show health groups amongst recommendations

Facebook will no more reveal health groups in its own recommendations, the social media giant announced on Thursday, saying it was critical that people get health information from ...

TikTok China US

TikTok faces another test: its first US presidential election

TikTok, already under scrutiny over its Chinese ownership and threatened with a possible ban by US President Trump, is confronting another major obstacle: how to handle content aro...

Joe Biden

Twitter labels video of Biden shared by Trump as ‘manipulated media’

Twitter has again labelled a tweet shared by US President Donald Trump as manipulated media. This time the tweet related to presidential rival Joe Biden.

European Commission

Upgrade for EU antitrust rules, more funds for digital projects

The European Commission will revise its own antitrust principles to keep up with global changes and invest a fifth of its 750-billion-euro (approximately $890 billion) coronavirus ...

Federal Communications Commission

President Trump plans to nominate official for FCC amid social media push

President Trump, pressing for new social networking regulations, intends to nominate a senior government official for a member of the Federal Communications Commission (FCC), the W...

TikTok US

US offers to exempt employees and contractors from TikTok executive order

The US has offered to exclude from President Trump’s executive order transactions that involve TikTok workers and contractors performing”their regular job duties and re...

ByteDance

ByteDance’s Douyin hits 600 million daily users

Douyin, the Chinese version of short-video app TikTok, reach 600 million daily active users in August, an executive with parent company ByteDance stated, a massive 50% increase sin...

Wall Street

M&A: Tech leads crisis-driven boom with $350 billion deal rush

Global M&A volumes are exceeding $2 trillion for 2020, with technology making up almost a fifth of the total after mammoth deals such as SoftBank’s $40 billion purchase o...

TikTok

ByteDance picks Oracle as its partner in an attempt to save TikTok US

Oracle has announced that it might team up with ByteDance in order to maintain TikTok’s ability to continue operating in the United States, beating Microsoft in a deal struct...

Facebook Buttons

High court in Ireland freezes probe into Facebook’s EU-US data flows

The Republic of Ireland’s High Court has temporarily frozen a probe by Facebook’s lead European Union regulator which threatened to stop the US social network giantR...

TikTok US

ByteDance drops TikTok’s US sale, to partner with Oracle

ByteDance abandoned the purchase price of TikTok from the US on Sunday to pursue a partnership with Oracle it hopes will save it a US prohibit when appeasing China’s authorit...

SoftBank

SoftBank renews talks on taking the group private

SoftBank Group executives are considering carrying the Japanese tech group private as the company seeks a fresh plan after disposing of many large assets, the Financial Times has r...