Posts filtered by tags: Bytedance[x]


TikTok Rallies Facebook, Twitter and Other Social Media Platforms to Regulate Harmful Content

Social video platform TikTok has written to the heads of major platforms including Facebook and Twitter, asking them to regulate content causing distress, after clips of a man committing suicide on Facebook Live were circulated widely on TikTok in recent weeks. Appearing before a U.K. Department for Digital, Culture, Media & Sport (DCMS) subcommittee on […]
Tags: Facebook, Asia, News, Global, Bytedance, Tiktok, TikTok Global

Walmart said 'ekejechb ecehggedkrrnikldebgtkjkddhfdenbhbkuk' about investing in TikTok, and it's a sign of how frenzied the saga has become

Reuters Walmart included a massive, nonsensical typo in its news release about the TikTok deal over the weekend.  When discussing Oracle's role as TikTok's new cloud provider, the company included this sentence: "This unique technology eliminates the risk of foreign governments spying on American users or trying to influence them with disinformation.ekejechb ecehggedkrrnikldebgtkjkddhfdenbhbkuk." Walmart and Oracle received tentative approval from President Donald Trump to acquire 20% of ...
Tags: Microsoft, US, Trends, Tech, Walmart, New Zealand, Donald Trump, Oracle, Trump, Tech Insider, Avery Hartmans, Reuters Walmart, Bytedance, Tiktok, TikTok acquisition, TikTok Global

TikTok, WeChat and the growing digital divide between the U.S. and China

Over the past decade, the dynamic between Chinese and United States tech companies has undergone dramatic shifts. Once seen as a promising market for American companies, that narrative flipped as China’s tech innovation and investment power became increasingly evident, and the expanding reach of the Chinese Communist Party’s cybersecurity regulations fueled concerns about data privacy. For years, however, there still seemed to be room for a flow of ideas between the two countries. But that promi...
Tags: Google, TC, Facebook, Apps, Mark Zuckerberg, Hong Kong, Microsoft, Washington Post, Youtube, China, Singapore, India, US, America, Tech, Walmart

Trump and Beijing both hinted at blocking the Oracle-TikTok deal amid huge confusion about who will own the app

Donald Trump, left, and ByteDance founder Zhang Yiming. Drew Angerer/Getty Images; Zheng Shuai/VCG via Getty Images President Trump threatened to withdraw his initial, informal approval of Oracle and Walmart's deal with TikTok on Monday. Beijing, via state-owned press, also hinted that it would block the deal. Each party is attempting to publicly spin the deal to their advantage, causing huge confusion over the final shape of the deal or even whether it will take place. ByteDance said in a...
Tags: China, US, Trends, Walmart, Beijing, Fox News, US Treasury, Donald Trump, Oracle, Trump, Global Times, VCG, Tech Insider, Bytedance, Hu Xijin, Tiktok

TikTok says it removed 104M videos in H1 2020, proposes harmful content coalition with other social apps

As the future of ByteDance’s TikTok ownership continues to get hammered out between tech leviathans, investors and government officials in meeting rooms, the video app today published its latest transparency report. In all, over 104.5 million videos were taken down; it had nearly 1,800 legal requests; and received 10,600 copyright takedown notices for the first half of this year. Alongside that, and possibly to offset the high numbers of illicit videos and to also coincide with an appearance tod...
Tags: TC, UK, India, US, Tech, Pakistan, MOU, India Brazil, Pappas, Facebook Twitter YouTube, Bytedance, Tiktok, Vanessa Pappas

TikTok forms APAC safety advisory council to advise on content moderation, other issues

TikTok on Tuesday announced a ‘Safety Advisory Council’ for the Asia Pacific region to advise the app on content moderation policies, and identify existing and emerging issues in the APAC region that could affect the platforms and its users. The council will also develop strategies to tackle these challenges. It includes one Indian — Amitabh Kumar, the founder of Social Media Matters. We have reached out to TikTok and Kumar for more information. The council will convene quarterly to discuss issu...
Tags: Travel, News, Indonesia, Singapore, India, US, Asia Pacific, Pakistan, Donald Trump, APAC, Kumar, Nguyen Phuong Linh, Bytedance, Tiktok, Safety Advisory Council, Amitabh Kumar

TikTok removed nearly 105 million videos for nudity and other policy violations in the first half of 2020

BigTunaOnline/Shutterstock TikTok has released its latest global transparency report, saying it removed almost 105 million videos in the first half of 2020 for policy violations. These included videos depicting nudity, or that endangered minors, among other policy breaches. Business Insider also learned that TikTok conducted an internal investigation following the spread of a video showing a man's death by suicide. TikTok says it wants to work with other Big Tech firms on a 'hashbank' of ...
Tags: Facebook, Europe, Suicide, China, Russia, India, US, Trends, McNutt, Bertram, Christchurch New Zealand, Tech Insider, Content Moderation, Bytedance, Douyin, Tiktok

10 things in tech you need to know today

Reuters Good morning! This is the tech news you need to know this Tuesday. Sign up here to get this email in your inbox every morning.Oracle has thrown fresh confusion on its deal to buy part of TikTok after saying that owner ByteDance will have no ownership stake in the new TikTok Global. In a statement on Monday, Oracle announced that its new TikTok venture will be entirely divested from ByteDance, contradicting previous reports of the agreed deal between the two companies, per The Verge...
Tags: Google, Facebook, UK, Microsoft, Washington Post, Cdc, China, US, Trends, Beijing, House, Nvidia, Nancy Pelosi, Donald Trump, Wall Street Journal, Alexa

Trump, Oracle push back after ByteDance claims it will retain control of TikTok Global

US President Donald Trump threatened that the proposed deal for TikTok — which involves the creation of a new US-based company, TikTok Global — will not be approved if TikTok’s Beijing-based parent ByteDance retains control of the company. “Everything is going to be moved into a cloud done by Oracle, it’s all through the cloud. And it’s going to be totally controlled by Oracle…and if we find that they don’t have total control, then we’re not going to approve the deal,” Trump told Fox News. He ha...
Tags: Travel, News, US, Walmart, Beijing, Fox News, Donald Trump, Oracle, Trump, Doug McMillon, Zhang Yiming, Bytedance, Tiktok, TikTok Global, US ' Commerce Department, TikTok Global ByteDance

TikTok Deal: Oracle, ByteDance Give Conflicting Information on Ownership Structure

The fate of TikTok isn’t fully settled yet. In a sign that the talks over the ownership transfer of TikTok to U.S.-controlled parties — forced by the Trump administration — could potentially get derailed, Oracle and ByteDance, TikTok’s Chinese parent, are making different claims about who will own what in the newly reincarnated TikTok Global. […]
Tags: Asia, News, Donald Trump, Oracle, Trump, Bytedance, Tiktok, TikTok Global

Daily Crunch: This TikTok deal is pretty confusing

Companies send out conflicting messages about the TikTok deal, Microsoft acquires a gaming giant and the WeChat ban is temporarily blocked. This is your Daily Crunch for September 21, 2020. The big story: This TikTok deal is pretty confusing This keeps getting more confusing. Apparently TikTok’s parent company ByteDance has reached a deal with Walmart and Oracle that will allow the Chinese social media app to continue operating in the United States, and the deal has been approved by Donald...
Tags: Social, Mobile, Apps, Microsoft, China, US, San Francisco, Tech, Walmart, United States, Ireland, Zynga, Donald Trump, Oracle, Bethesda, Michael Carter

TikTok deal under new threat as Trump insists on total US control

The US president says he will not approve the deal if Chinese company Bytedance remains involved.
Tags: News, US, Trump, Bytedance

Equity Monday: The TikTok mess, and a grip of neat European VC activity

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here — and don’t forget to check out last Friday’s episode. What a busy morning. We had to cover TikTok ....
Tags: Apple, Fundings & Exits, Startups, London, China, US, Walmart, Eu, Oracle, Babbel, Trump, Nikola, Trevor Milton, Equity podcast, Bytedance, Tiktok

ByteDance says it will own a majority of TikTok. Oracle says ByteDance will own 0%. WTF is this deal?

You know a deal is signed and going to close when the parties keep fact checking each other and no one can agree on what the deal actually says. We’ve been following the TikTok / Oracle deal for sometime here on TechCrunch, and over the weekend, it seemed like we finally got to the finish line of one of the strangest M&A processes we’ve seen. But the last 48 hours have made everything so confused, I am not sure we even know what the deal is despite it being approved. President Trump repo...
Tags: Startups, Apps, Wtf, Government, China, US, Walmart, Policy, Donald Trump, Oracle, Cnbc, TechCrunch, Trump, Toutiao, Bytedance, Douyin

TikTok owner ByteDance is reportedly eyeing a $60 billion valuation for TikTok Global

Tolga Akmen/AFP/Getty Images; Clancy Morgan/Business Insider TikTok's owner ByteDance is reportedly seeking a valuation of $60 billion for its US operations.ByteDance reached an agreement with Oracle and Walmart this weekend, under which both companies will take a 12.5% and 7.5% share respectively in the Chinese firm. Both companies will pay a combined $12 billion if the asking price is met. The US initially planned to ban TikTok from Apple and Google's stores on Sunday. The decision has n...
Tags: Apple, Google, Hong Kong, Microsoft, China, US, Trends, Markets, Walmart, Bloomberg, United States, Donald Trump, Goldman, Oracle, Cnbc, Tolga Akmen

TikTok's Chinese owner contradicted 2 of Trump's key boasts about its deal with Walmart and Oracle

US President Donald Trump. JIM WATSON/AFP via Getty Images TikTok parent ByteDance released a statement Monday about the app's US deal with Oracle and Walmart that contradicted two statements made by the president. It asserted that Beijing-headquartered ByteDance will maintain 80% control of the newly formed TikTok Global despite Trump saying it would have "nothing to do with China." The company also denied knowledge of the president's claim that $5 billion would go to the US Treasury to s...
Tags: White House, China, US, Trends, Walmart, Bloomberg, Beijing, Treasury, US Treasury, Donald Trump, Oracle, Trump, Reuters, Fayetteville North Carolina, The Financial Times, Tech Insider

10 things you need to know before the opening bell

Traders watch the price of X Financial, a Chinese technology personal finance company, following the company's IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 19, 2018. Brendan McDermid/Reuters Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.Here's what you need to know before markets open.1. Global stocks slide as France, Spain, and the UK record thousands of new COVID-19 cases. European bank s...
Tags: Japan, UK, New York, Finance, Global, US, Trends, Markets, Walmart, Britain, Goldman Sachs, Federal Reserve, Nyse, Shanghai Composite, Saudi Aramco, BNY Mellon

TikTok's deal with Oracle and Walmart lets it cling on to its most valuable asset — its algorithm

TikTok's recommendation algorithm is considered its "secret sauce." Photo by Jens Kalaene/picture alliance via Getty Images ByteDance's deal with Oracle and Walmart means it will retain control of TikTok's algorithms, the company said in a statement on Monday. TikTok's recommendation algorithm is considered by experts to be the company's "secret sauce," and employees have referred to it as a "crown jewel." China blocked ByteDance from selling the algorithm in late August by passing ext...
Tags: China, US, America, Trends, Walmart, Algorithm, Donald Trump, Oracle, Cnbc, Trump, Tech Insider, Bytedance, Tiktok, Isobel Asher Hamilton, TikTok acquisition, Jens Kalaene

Bytedance says it will own 80% of TikTok Global contradicting Trump’s claims

Bytedance, the China-based startup that owns TikTok, said in a statement that it will retain 80% of TikTok Global contradicting President Donald Trump's claims.
Tags: News, China, Trends, Social Media, Donald Trump, Trump, Bytedance, Tiktok, Breaking Twitter, TikTok Global

Oracle and Walmart will acquire a 20% stake in TikTok

Oracle and Walmart will acquire a 20% stake in TikTok’s global business as part of a pre-IPO financing round, ByteDance announced on Saturday. Oracle will acquire 12.5% of the short video app, whereas Walmart will pick up a 7.5% stake. As a part of the deal, TikTok will create a new company called TikTok Global which will provide TikTok services to users in the US and “most of the users in the rest of the world”, Oracle and Walmart said in a joint statement. The new entity will be an “independen...
Tags: Travel, News, Microsoft, Softbank, US, Walmart, Bloomberg, Donald Trump, Oracle, Doug McMillon, Bytedance, Tiktok, TikTok Trump, TikTok Global, TikTok Global TikTok Global, US ' Commerce Department

10 things in tech you need to know today

SAUL LOEB/AFP via Getty Images Good morning! This is the tech news you need to know this Monday. Sign up here to get this email in your inbox every morning.Oracle announced it will become a minority investor in TikTok Global after President Trump indicated his approval. In a statement Saturday evening, TikTok confirmed the news and said it was also working with Walmart on a commercial partnership.The US decided to postpone its ban on TikTok downloads after parent firm ByteDance reached agr...
Tags: Apple, Google, Europe, UK, US, Barack Obama, Trends, Walmart, Eu, Commerce, Bill Gates, Mitch McConnell, Jack Ma, Oracle, Alexa, Nordic

TikTok fact-checks: US IPO, Chinese ownership, $5B in taxes

There is no shortage of speculation and reports around TikTok’s future in the U.S. Amid a swirl of rumors, TikTok’s Chinese parent ByteDance issued a (in Chinese) on Monday morning, bringing clarity to its ongoing deal that has captured global attention over the past few weeks. ByteDance is still the owner China’s ByteDance confirms it will retain an 80% stake in TikTok after selling a total of 20% to Oracle, its “trusted technology partner,” and Walmart, its “commercial partner.” But ...
Tags: Asia, Microsoft, China, US, Tech, Cisco, Walmart, Beijing, U S Treasury, Bonn Germany, Doug McMillon, Jonathan Shieber, Bytedance, Tiktok, TikTok Global, Zhang Yiming Walmart

ByteDance to float TikTok Global to allay transparency fears

Parent company ByteDance, under pressure in China not to give in to US demands, said the plan ‘does not involve the transfer of any algorithms’A new company set up to allow TikTok to continue operating in the United States plans to float on the stock market in an effort to increase transparency and show the Trump administration that it will adhere to regulatory oversight.TikTok Global plans to hold a public listing, its Chinese parent company ByteDance said Monday, after announcing a deal over t...
Tags: Technology, China, US, Social Media, US news, United States, Asia Pacific, Trump, Bytedance, Tiktok, TikTok Global

China's ByteDance says TikTok will be its subsidiary under deal with Trump

China's ByteDance said on Monday that TikTok's global business will become its subsidiary, even as Oracle Corp and Walmart Inc said over the weekend that they and U.S. investors would own the majority of the video app following a deal with U.S. President Donald Trump's administration. Trump signed an executive order on Aug. 14 giving ByteDance 90 days to sell TikTok, amid concerns that the personal data of as many as 100 million Americans that use the app could be passed on to China's Commu...
Tags: News, China, Donald Trump, Trump, Communist Party, Oracle Corp, Walmart Inc, Bytedance, Tiktok

TikTok Owner Says It Wasn’t Aware Deal Included $5 Billion ‘Education Fund’

ByteDance said it wasn't told $5 billion of its deal would go to Trump’s so-called “patriotic education” initiative.
Tags: News, Trump, Bytedance

Gangster capitalism and the American theft of Chinese innovation

It used to be “easy” to tell the American and Chinese economies apart. One was innovative, one made clones. One was a free market while the other demanded payments to a political party and its leadership, a corrupt wealth generating scam that by some estimates has netted top leaders billions of dollars. One kept the talent borders porous acting as a magnet for the world’s top brains while the other interviewed you in a backroom at the airport before imprisoning you on sedition charges (okay, tha...
Tags: Google, Amazon, Apps, Asia, Hong Kong, Europe, Stanford, Government, China, America, Tech, Intel, Taiwan, Mit, Policy, Beijing

The ban on TikTok downloads has been postponed by one week after Trump gave his 'blessing' to a deal with Oracle and Walmart

US President Donald Trump said he's given the TikTok-Oracle deal his blessing. NICHOLAS KAMM/AFP via Getty Images The US is officially postponing the ban on TikTok downloads it said would come into force on Sunday. Secretary of Commerce Wilbur Ross said in a statement Saturday that "recent positive developments" meant the deadline for the ban has now been moved to 11:59 p.m. on September 27. It came the same day Trump told reporters he had given his "blessing" to a deal between TikTok ...
Tags: Apple, Google, News, China, US, Trends, Walmart, Commerce, Ban, Donald Trump, Oracle, Trump, Ministry of Commerce, Tech Insider, Wilbur Ross, Bytedance

Trump Says He Approves TikTok Sale To Silicon Valley’s Oracle

(CNN) — President Donald Trump said Saturday he has approved a deal between TikTok’s parent company, ByteDance, and Oracle, temporarily averting a ban on TikTok in US app stores. The Commerce Department confirmed in a statement Saturday evening that it would delay — by one week — restrictions that were originally to take effect on Sunday. ByteDance will continue to be majority owner of TikTok under the agreement Trump said he approved, according to a person familiar with the matter. Speaking to ...
Tags: Apple, Business, Politics, Texas, Technology, US, California News, Tech, Walmart, Cnn, Larry Ellison, Silicon Valley, US Treasury, Donald Trump, Oracle, Trump

Trump says he has approved a deal for TikTok sale

President Donald Trump said Saturday he has approved a deal between TikTok's parent company, ByteDance, and Oracle, though it is unclear whether it will be enough to avert restrictions on TikTok that are scheduled to go into effect Sunday evening.
Tags: News, Stories, Donald Trump, Oracle, Trump, Bytedance, Tiktok

Trump Is NOT Banning TikTok Because This Comedy Is TOO GOOD TO BAN!!

Okay, TikTok not getting banned has less to do with its comedy and more to do with politics and money - BUT I’M SO HAPPY THE APP IS HERE TO STAY SO WE CAN CONTINUE TO WATCH THESE CREATORS SUCCEED Not to start off on a totally dark note, but I wish Trump cared as much about the pandemic as he does about TikTok. So... Trump was able to force TikTok to divest to a U.S. company in 90 days with no real evidence that TikTok was actually a national security threat, but we’re 7 months and 200K ...
Tags: Instagram, Microsoft, China, Walmart, Larry Ellison, Humor, Associated Press, Oracle, Trump, Bella, Ian, Tosh, Chris Olsen, Trump Administration, Manon Mathews, Ian Paget