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    Sept. 28, 2021 TikTok hit 1 billion monthly active users globally this summer, the company told Reuters, marking a 45 per cent jump since July 2020. The United States, Europe, Brazil and Southeast Asia are the biggest markets for the popular short-video app, the company said. TikTok has experienced surges in users around the world ...
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    August 11, 2021 TikTok was the world’s most downloaded app last year, overtaking Facebook and its messaging platforms, market tracker App Annie said Tuesday. The Chinese-owned video app surged in popularity despite efforts by former president Donald Trump to ban it or force a sale to US-based investors, according to the research firm. TikTok, owned ...
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    July 30, 2021 Led by Facebook, social media platforms from Alphabet’s YouTube to Snap Inc and Twitter are investing heavily in shopping features to drive revenue growth, a major theme that emerged during second-quarter results over the past week. The companies are vying for a piece of the so-called social commerce industry, which relies on ...
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    The U.S. government said in a court filing on Thursday it was appealing a judge’s ruling that prevented it from prohibiting new downloads of the Chinese-owned short video-sharing app TikTok. The Justice Department said it appealed the order to the U.S. Court of Appeals for the D.C. Circuit. In late September, a U.S. judge temporarily ...
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    China said at a World Trade Organization meeting that restrictions by the United States on Chinese mobile applications TikTok and WeChat are in violation of the body’s rules, a trade official said. The Trump administration has ordered download blocks on the two mobile apps and ordered ByteDance, the Chinese owner of TikTok, to sell its ...
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    A U.S. judge has temporarily blocked a Trump administration order that was set to bar Apple Inc and Alphabet Inc’s Google from offering Chinese-owned short video-sharing app TikTok for download at 11:59 p.m. on Sunday. U.S. District Judge Carl Nichols in Washington said in a brief order late on Sunday he was issuing a preliminary ...
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    China has no reason to approve the “dirty and unfair” deal based on “bullying and extortion” that Oracle Corp and Walmart Inc said they struck with ByteDance, the state-backed English-language China Daily newspaper said on Wednesday. “What the United States has done to TikTok is almost the same as a gangster forcing an unreasonable and ...
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    China’s ByteDance said on Monday that TikTok’s global business will become its subsidiary, even as Oracle Corp and Walmart Inc said over the weekend that they and U.S. investors would own the majority of the video app following a deal with U.S. President Donald Trump’s administration. Trump signed an executive order on Aug. 14 giving ...
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    The Trump administration will ban WeChat and video-sharing app TikTok from U.S. app stores starting Sunday night, a move that will block Americans from downloading the Chinese-owned platforms over concerns they pose a national security threat. Current TikTok users will see little change on Sunday and U.S. Commerce Department officials said they will not bar ...
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    ByteDance has abandoned the sale of TikTok in the United States to pursue a partnership with Oracle Corp that it hopes will spare it a U.S. ban while appeasing China, people familiar with the matter told Reuters. The Beijing-based firm had been in talks to divest the business to Oracle or a consortium led by ...