ByteDance loses challenge against EU gatekeeper label TikTok owner ByteDance has today lost its court challenge against its designation as a gatekeeper under landmark European Union rules, in a boost for antitrust … Business • 17 Jul
'No fairness' in US move to ban TikTok, says China There is "no fairness to speak of" in citing national security to reduce the competitive advantage of other countries, a spokesperson of the Chinese foreign … Business • 14 Mar
US votes to force ByteDance to divest TikTok or face ban The US House of Representatives has overwhelmingly passed a bill that would give TikTok's Chinese owner ByteDance about six months to divest the American assets … Business • 14 Mar
EU opens formal investigation into TikTok The European Union will investigate whether ByteDance's TikTok breached online content rules aimed at protecting children and ensuring transparent advertising, an official has said, putting … Business • 19 Feb
TikTok owner to step back from gaming - report TikTok maker ByteDance plans to wind down its Nuverse gaming brand and retreat from mainstream video games, four people familiar with the matter have said. Business • 27 Nov 23
TikTok to develop parental control tool TikTok has said it is developing a tool that will allow parents to prevent their teens from viewing content containing certain words or hashtags on … Business • 01 Mar 23
ByteDance cuts hundreds of jobs in China ByteDance, the Chinese parent company of video app TikTok, has laid off hundreds of employees across multiple departments as part of a cost-cutting measure, the … Business • 03 Jan 23
TikTok's ad revenue likely to triple in 2022 Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to more than $11 billion, exceeding the combined sales of its rivals Twitter and … Business • 11 Apr 22
Republican calls on Biden to block TikTok in US Republican Senator Marco Rubio urged President Joe Biden to block short-form video app TikTok in the United States after China took an ownership stake in … Business • 18 Aug 21
TikTok owner ByteDance hires CFO in a step towards IPO TikTok owner ByteDance has hired Xiaomi executive Shou Zi Chew for a newly created role as chief finance officer, in a sign that the tech … Business • 24 Mar 21
TikTok owner ByteDance acquires gaming studio Moonton ByteDance has said its video games unit Nuverse has agreed to acquire Shanghai-based gaming studio Moonton Technology, as it seeks to further expand into the … Business • 22 Mar 21
Trump to block US downloads of TikTok, WeChat on Sunday The US Commerce Department said it will issue an order that will bar people in the United States from downloading Chinese-owned messaging app WeChat and … World • 18 Sep 20
ByteDance to partner with Oracle to manage TikTok US ByteDance has abandoned the sale of TikTok in the US to pursue a partnership with Oracle that it hopes will spare it a US ban … Business • 14 Sep 20
TikTok CEO Mayer quits after less than 3 months TikTok's chief executive Kevin Mayer has left the company, less than three months after he joined the hit short video app. Business • 27 Aug 20
TikTok sues Trump administration over US ban TikTok and one of its employees have separately sued US President Donald Trump's administration over his executive order banning transactions in the US with the … Business • 02 Sep 21
Oracle enters race to buy TikTok's US operations - FT Oracle has held preliminary talks with TikTok's Chinese owner, ByteDance, and was seriously considering buying the app's operations in the US, Canada, Australia and New … Business • 18 Aug 20
