TikTok Ban
TikTok Axes Cryptocurrency Ads on its Platform
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TikTok Oracle Deal is reportedly ‘Shelved Indefinitely’
Sourced from Cosmico Last year, Tik Tok’s parent company ByteDance and Oracle reached a “technical partnership” for the social media platform’s US operations. The deal was expected to address the national security concerns surrounding TikTok, raised by the Trump Administration. But now, it would seem that these efforts have been ‘shelved indefinitely’ while US President Joe Biden “undertakes a broad review of his predecessor’s efforts to address potential security risks from Chinese tech companies”. Spokesperson for the National Security Council, Emily Horne told the Wall Street Journal that “we plan to develop a comprehensive approach to securing US data that addresses the full range of threats we face. This includes the risk posed by Chinese apps and other software that operate in t...
US Federal Court Delays TikTok Ban
Sourced from Cosmico TikTok has been awarded a life-line after a US federal court ruled to delay its impending ban. Earlier this year, US President Donald Trump said the popular Chinese video-sharing platform’s ability to handle user data as well as its relationship with parent company, ByteDance, raised national security concerns. The Verge reports that motivation for the ban stems from the fact that “lawmakers allege that TikTok could be pressured into handing over data or other intelligence to the Chinese Communist Party”. However, TikTok hit back saying that was “led by an American CEO, with hundreds of employees and key leaders across safety, security, product, and public policy here in the US. We have no higher priority than promoting a safe and secure app experience for our use...
ByteDance Rejects Microsoft’s TikTok Bid
Sourced from Gadgets 360. Microsoft has confirmed that TikTok’s parent company, ByteDance, has rejected its bid to acquire the video-sharing platform – the acquisition would allow Microsoft to own and operate the TikTok service in the United States, Canada, Australia and New Zealand. The tech giant revealed that it would have made ‘significant changes’ to the way that ByteDance and TikTok deal with security, privacy and online safety – something that it believes would have been good for American users. In a statement, Microsoft says, “ByteDance let us know today they would not be selling TikTok’s US operations to Microsoft. We are confident our proposal would have been good for TikTok’s users while protecting national security interests. To do this, we would have made significant chan...
Oracle Reportedly Wins TikTok Bid
Sourced from Cosmico Oracle and ByteDance have reached a “technical partnership” for TikTok’s US operations, according to The Wall Street Journal. This, however, does not include the sale of the popular video-sharing app. A number of people familiar with the matter believe that Oracle will address the national security concerns surrounding TikTok, raised by the Trump Administration. Sources told FT that the US tech company was already in “preliminary talks with TikTok owner Bytedance, and was working with a group of investors that already holds a stake in the Chinese company.” This comes shortly after Microsoft revealed that ByteDance has rejected its bid to acquire TikTok – the acquisition would’ve allowed Microsoft to own and operate the TikTok service in the United States, Can...
TikTok to Challenge Ban by Trump Administration
Sourced from Cosmico TikTok has announced that it will be taking legal action against US President Donald Trump and his administration in an attempt to challenge its imminent ban. The Chinese-owned app has been told by the administration to sell off US operations within 90 days, or else. The Verge reports that motivation for the ban stems from the fact that “lawmakers allege that TikTok could be pressured into handing over data or other intelligence to the Chinese Communist Party”. According to the BBC, “TikTok says it has tried to engage with Trump’s administration for nearly a year but has encountered a lack of due process and an administration that pays ‘no attention to facts’”. TikTok is “led by an American CEO, with hundreds of employees and key leaders across safety, secur...
Trump Signs Executive Order to Ban Business with TikTok
US President, Donald Trump has reportedly signed an executive order that aims to prohibit all transactions with TikTok’s parent company, Bytedance. This order – which is expected to come into effect in 45 days – is meant to “address the national emergency with respect to the information and communication technology supply chain”. US President Donald Trump has reportedly signed an executive order that aims to prohibit all transactions with #TikTok’s parent company #Bytedance.Click To Tweet “The spread [of apps controlled by the Chinese government] continues to threaten the national security, foreign policy, and economy of the United States,” reads the order. “The United States must take aggressive action against the owners of TikTok to protect our national security.” INBOX: @rea...
US Companies Urge Employees to Delete TikTok
Sourced from Cosmico Wells Fargo has urged employees to uninstall the popular Chinese video-sharing app, TikTok, from their company devices over privacy concerns. “We have identified a small number of Wells Fargo employees with corporate-owned devices who had installed the TikTok application on their device,” says a Wells Fargo spokesperson. “Due to concerns about TikTok’s privacy and security controls and practices, and because corporate-owned devices should be used for company business only, we have directed those employees to remove the app from their devices.” This comes a few days after Amazon sent a company-wide email asking employees to delete the app – however, it quickly cleared the air and formally announced that there was “no change to our policies right now with regard to TikTo...
India Bans TikTok and Other Chinese Apps Amid Border Tensions
Sourced from Gadgets 360. Popular Chinese video and music app TikTok has been banned in India, along with 58 other apps – most of which are Chinese. This comes as tensions between the two countries continue to rise. Developed by Chinese company Bytedance, TikTok allows users to share short videos usually set to music. The app and its developers have long denied allegations of being involved in any way with the Chinese government, going as far as to say that its data centres are kept outside of China and therefore is not under the sovereignty of Chinese law. India’s Reaction The Indian government has seen fit to block the app from Indian phones, as well as 58 others. Amongst them Alibaba’s UC Browser and Tencent’s WeChat which is also alleged to be working with the government of China. Even...
