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TikTok Will Stop Paying People For Using The App After EU Raised Addiction Concerns
Thursday, April 25, 2024 - 4:50pm | 473TikTok Lite recently hit pause on its reward system in the EU due to concerns raised by regulators. According to The Verge, the feature — which allowed users in France and Spain to earn small amounts daily for interacting with videos — came under scrutiny for its potential to encourage addiction,...
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Expert Slams TikTok Ban Bill As 'Way Too Vague,' Questions Impact On Donald Trump's Truth Social, Rumble And X
Thursday, April 25, 2024 - 3:46am | 701Omeed Malik, founder and CEO of Farvahar Partners, recently voiced his concerns over the TikTok crackdown bill signed by President Joe Biden, expressing distrust in the bill and its implementation. What Happened: During CNBC’s “Last Call” on Wednesday, Malik stated, "I really have...
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TikTok Fights Back, 'We Aren't Going Anywhere': What's Next For Users?
Wednesday, April 24, 2024 - 5:43pm | 646U.S. President Joe Biden‘s recent signing of legislation has thrown ByteDance’s TikTok into the spotlight, with CEO Shou Zi Chew saying the platform will fight back. “Make no mistake, this is a ban, a ban on TikTok and a ban on you and your voice,” the CEO said in a two-...
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Biden Set To Sign TikTok Ban Into Law After Senate Passes Bill Supported By GOP, Democrats
Tuesday, April 23, 2024 - 10:25pm | 681The U.S. Senate has passed a bill that could lead to the ban or sale of TikTok, marking a significant development in the ongoing debate over the app’s Chinese ownership. What Happened: The Senate voted 79-18 in favor of the bill, which is part of a larger funding package providing aid to...
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Edward Snowden Joins Elon Musk In Opposing TikTok Ban: 'Censors, Speech Police, Book-Burners...'
Monday, April 22, 2024 - 9:26pm | 689Edward Snowden, the former computer security consultant for the National Security Agency, has voiced his support for Elon Musk’s opposition to a potential TikTok ban in the United States. What Happened: On Monday, Snowden responded to a post from Elon Musk, owner of X, in which Musk expressed...
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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...