TikTok

Platform News: Snap Inc

From Facebook to Twitter, Big Tech sees social commerce driving sales growth

Led by Facebook, social media platforms from YouTube to Snap and Twitter are investing heavily in shopping features to drive revenue growth, a major theme that emerged during secon...

Platform Industry News: TikTok smartphone app video streaming

Beyond the meme: finance gets serious on going viral

Ian Rogers used to be in charge of digital strategy for luxury fashion group LVMH. Now he has a new mission: to sprinkle some aspirational glitz on to French cryptocurrency company...

Platform news: TikTok app based in China, US politics

US appeals courts dismiss government’s appeals of TikTok rulings

Two US appeals courts dismissed the Justice’s Department’s legal challenges to court rulings that barred a Trump-era effort to ban new downloads of Chinese-owned video-...

Platform News: Facebook

Facebook and Instagram will invest over $1 billion in content creators

Facebook will spend a cool $1 billion on social media creators through the end of 2022 in a fight for talent. The announcement comes in a week when TikTok became the first rival mo...

Platform Industry News: TikTok smartphone app video streaming

TikTok tells employees to return to office for three days a week

Popular short-video app TikTok has told its employees that some will be offered the option to work remotely for up to two days a week after they return to office, according to an i...

Platform News: TikTok office building in the US

TikTok lets users apply for jobs with video resumes

Short-video sharing app TikTok has launched a pilot program that lets users upload video resumes for US-based jobs ranging from a WWE Superstar to a senior data engineer at Shopify...

Platform News: Social media titan, Facebook

German privacy tsar tells ministries to shut Facebook pages

German government organisations have until the end of the year to close their Facebook pages after the data protection commissioner found the social network had failed to change it...

Platform News: LinkedIn

LinkedIn signs up to EU code against online hate speech

LinkedIn has signed up to the European Union’s voluntary code of conduct to combat illegal hate speech online, joining its parent Microsoft, Facebook and YouTube.

Platform news: TikTok app based in China, US politics

Pressure: US removes TikTok and WeChat from prohibited transactions list

The US Commerce Department announced it was rescinding a list of prohibited transactions with TikTok and WeChat that were issued in September as the Trump administration sought to ...

US Department of Commerce

Chinese apps could face subpoenas or bans under Biden order

US President Biden’s executive order aimed at safeguarding Americans’ sensitive data would force some Chinese apps to take tougher measures to protect private informati...

Platform Industry: ByteDance China company building

TikTok owner ByteDance’s 2020 revenue soars, net loss at $45 billion

TikTok owner ByteDance’s total revenue more than doubled last year to $34.3 billion but its net loss widened to $45 billion, according to a company memo seen by journalists.

Platform Industry: Modi PM of India

Frequent run-ins with India gov’t cloud US tech expansion plans

Another spat between India’s government and U.S. big tech has exacerbated disillusion among firms which have spent billions to build hubs in their largest growth market, to t...

TRump, TikTok and WeChat

Biden drops Trump attempt to ban TikTok, WeChat; orders new review

The Biden – Harris White House has withdrawn a series of Trump-era executive orders that sought to ban new downloads of WeChat and TikTok, and ordered a Commerce Department r...

Platform News: Facebook usage

Facebook’s global ads chief Everson leaves company

Facebook Inc ads chief Carolyn Everson is leaving the company, she said in a post on the social media platform on Wednesday.