TikTok Unveils $200 Million Fund to Help U.S.-Based Users Make Money Amid Ban Threat

 /  Money  / 
TikTok has announced the launch of a $200 million fund to encourage U.S.-based “influencers” to create more content, even as the Trump administration threatens a ban. Read More

Netflix Names TikTok as a Major Competitor For First Time

 /  News  / 
TikTok has been publicly labeled by Netflix as a major competitor for the first time, as global pushbacks have left the Chinese app’s global expansion plans almost in tatters. Read More

TikTok Fined $155,000 For Mishandling User Data in South Korea

 /  Headlines From China  / 
Just two weeks after being removed from Indian app stores, ByteDance-owned TikTok took another hit in South Korea, where the Korea Communications Commission (KCC) fined the viral short video app 186 million won ($155,000) for mishandling user data. Read More

Can Douyin, China’s Version of TikTok, Help China’s LGBT Community?

 /  Chinasplaining  / 
The Beijing LGBT Center recently opened an account on Douyin, the domestic version of TikTok, attracting over 2,400 followers and featuring short videos that address misconceptions about the LGBTQ+ community. Read More

ByteDance to Close Smaller Short Video App in India, Focus on TikTok

 /  News  / 
Chinese tech unicorn ByteDance has announced it will shut down its lesser-known video sharing app Vigo Video in India by Oct. 31, as its flagship TikTok app gains traction in the South Asian country. Read More

TikTok Rival Kuaishou Builds $1.4bn Data Center In China

 /  News  / 
Chinese video sharing app Kuaishou will spend about 10 billion yuan ($1.41 billion) to build its largest data center, as the company looks to support a user base poised for continued growth in a post-coronavirus market. Read More

TikTok Owner ByteDance Increasing Indian Operations: Reports

 /  News  / 
ByteDance is reportedly opening its second corporate entity in India to provide information technology services to all of its platforms worldwide, the latest sign that the Chinese tech unicorn is expanding its global footprint. Read More

ByteDance’s TikTok Surpasses 2 Billion Downloads Globally

 /  News  / 
The ByteDance-owned short video app has amassed more than 2 billion downloads on Apple’s App Store and Google Play Store combined, a milestone that comes just five months after the app hit the 1.5 billion download mark. Read More

U.S. Investor Tiger Global Boosts Stake in TikTok Owner ByteDance

 /  News  / 
The New York-based investment group began buying ByteDance’s shares when the Chinese unicorn was valued at $37.5 billion and has since increased its investment through share purchases in secondary markets. Read More

TikTok to Open ‘Transparency Center’ in US Amid Lawmaker Scrutiny

 /  News  / 
Experts will be able to observe how content moderators review videos uploaded to TikTok and identify potential violations. Read More

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