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A Top Senator Is Spearheading The TikTok Crackdown As House Bill Gains Senate Momentum
Saturday, April 20, 2024 - 11:39am | 569Senator Maria Cantwell is aiming to terminate China’s influence over TikTok, while ensuring that any related legislation withstands legal scrutiny. Cantwell In Charge Of Shaping TikTok’s Fate The House overwhelmingly approved a measure mandating TikTok to secure a new owner devoid of...
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Taylor Swift Teams Up With TikTok For 'The Tortured Poets Department': Exclusive Features
Friday, April 19, 2024 - 2:46pm | 382Taylor Swift‘s latest album, “The Tortured Poets Department,” has joined forces with ByteDance’s TikTok. This marks a significant turnaround after Swift’s music was absent from the platform due to a dispute between Universal Music Group NV (OTC:UMGNF) and the popular...
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TikTok's Ticking Clock: Meta, Snap Stocks Climb As US Ban Bill Vote Nears
Thursday, April 18, 2024 - 3:23pm | 721A high-profile bill that aims to dismantle TikTok's U.S. operations is affecting social media stocks. What Happened: At last check on Thursday: Meta Platforms Inc (NASDAQ:META) is up 1.4% Snap Inc (NYSE:SNAP), whose app Snapchat presents significant overlap in user base with TikTok, saw its...
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OpenAI Investor Vinod Khosla Supports TikTok Divestiture, Likens App To 'Programmable Fentanyl' Under CCP Control
Thursday, April 11, 2024 - 5:44am | 700Billionaire and early OpenAI investor Vinod Khosla has supported the forced divestiture of TikTok from its parent company, ByteDance, based in China. Khosla referred to the social media platform as China’s ‘programmable fentanyl’. What Happened: Khosla expressed concerns about...
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TikTok Parent ByteDance's Profits Rise 60% Year-Over-Year As Company Grapples With Potential US Ban
Wednesday, April 10, 2024 - 12:12pm | 540Leading Chinese company ByteDance saw strong 2023 profits, which come as the company's TikTok unit faces a potential ban in the U.S. What Happened: As ByteDance faces a potential ban of TikTok in the U.S. or a forced sale of the unit, the company is seeing record annual profit. On Wednesday,...
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Republican Leader Mitch McConnell Pushes For Legislation To Compel Chinese Divestment Of TikTok: '... An Enormous Threat To America's Children'
Monday, April 8, 2024 - 9:55pm | 643Mitch McConnell, the U.S. Senate Republican Leader, has called for legislation that would compel the parent company of TikTok, China’s ByteDance, to divest the popular short video app. What Happened: On Monday, McConnell urged for the divestment of TikTok’s parent company, citing...
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Dangerous TikTok Trends That Went Viral: The Risks And Consequences
Sunday, April 7, 2024 - 4:40pm | 1828TikTok challenges often start as harmless fun but can quickly escalate into dangerous situations with serious consequences. What begins as an innocent attempt to gain online popularity can unknowingly lead participants down a risky path. These viral trends serve as a grave reminder that chasing...
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Elon Musk's X Could Be Next After TikTok, Says Former House Democrat: 'Not At All A Stretch Of Imagination'
Saturday, April 6, 2024 - 3:03am | 735Former Democratic Representative Tulsi Gabbard has raised a red flag on the proposed TikTok ban legislation that could have far-reaching implications for freedom of speech and the operations of social media platforms. What Happened: Gabbard highlighted the potential dangers of the bill, which he...
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Kevin O'Leary Wants To Buy TikTok And Is Scouting For Investment: 'An Interesting Deal And I Like It'
Friday, March 22, 2024 - 3:23am | 940Amidst talks of a potential TikTok ban, Kevin O’Leary of “Shark Tank” fame expressed interest in purchasing the Chinese-owned app on Thursday. What happened: O’Leary revealed that several groups are forming to bid for TikTok, and he’s among...
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Will A TikTok Ban Impact Duolingo's 240M-Plus Likes? Analyst Says 'No,' Sees 25% Upside
Tuesday, March 19, 2024 - 9:29am | 467In a market filled with uncertainties, Duolingo Inc (NASDAQ:DUOL) stands out as the most discussed name in the ed-tech space. After drawing positive sentiment and investor confidence in meeting management’s 2024 goals, the stock is up 67% over the past year. Duolingo Analyst: JPMorgan...
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TikTok's Once-Beloved Congressman Faces Heat For Voting on Banning or Selling the App: 'I Did Not Handle This…'
Tuesday, March 19, 2024 - 7:05am | 1052Rep. Jeff Jackson (D-N.C.) has lost thousands of TikTok followers after he voted in favor of the bill that would effectively ban the app in the U.S. if it was not sold. What Happened: Last week, after the House of Representatives passed the bill to force the sale of TikTok and Rep. Jackson...
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Venture Capitalist David Sacks Slams US Government For 'Wetting Their Beds' Over TikTok Security Fears While Ignoring Southern Border Risks
Tuesday, March 19, 2024 - 5:59am | 613David Sacks, a prominent venture capitalist, has criticized Washington’s focus on TikTok, a popular video-sharing app, in the face of a porous southern border. What Happened: Sacks took to social media platform X, formerly known as Twitter, to express his disbelief at Washington’s...
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TikTok's Parent Company ByteDance's Researcher Under Fire For Allegedly Spying On US AI Safety Conversations
Tuesday, March 19, 2024 - 4:50am | 650The U.S. National Institute of Standards and Technology (NIST) has accused a researcher from ByteDance, the parent company of TikTok, of unauthorized access to an American artificial intelligence (AI) safety group chat. What Happened: The researcher, based in California, was added to a Slack...
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TikTok Ban: China Has The Power To Block Sale, Gains Leverage Over Washington
Monday, March 18, 2024 - 4:07pm | 1043Last week, the House of Representatives moved forward on a bill that could ban TikTok in the U.S. unless it is sold by its owner ByteDance Ltd. The move has already faced rejection from Beijing and is risking adding yet another complication to the already unstable relationship between the world's...
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Elon Musk Once Revealed Why He 'Stopped' Using TikTok: It's 'Probing My Brain'
Sunday, March 17, 2024 - 5:04pm | 593While TikTok’s future in the U.S. is in doubt, let’s fo back a few months when tech billionaire Elon Musk disclosed the reason behind his discontinuation of using the platform, which now seems like a common concern around the ByteDance-owned platform. What Happened: Last year in August...