Trump says would extend TikTok deadline if no deal reached by June 19

Trump says would extend TikTok deadline if no deal reached by June 19

U.S. President Donald Trump said he would extend the June 19 deadline for China-based ByteDance to divest the U.S. assets of TikTok, the short video app used by 170 million Americans, if no deal had been reached by then. “I would … I’d like to see it done,” Trump told the NBC News program “Meet […]

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Nvidia is working on China-tailored chips again after US export ban

Nvidia is working on China-tailored chips again after US export ban

Nvidia has told some of its biggest Chinese customers that it is tweaking the design of its artificial intelligence chips so they can be sold to Chinese businesses without clashing with U.S. export rules, The Information reported on Friday. The chip giant has spoken with customers, including Alibaba Group, TikTok-parent ByteDance and Tencent Holdings , […]

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TikTok fined 0 million for China data transfers that broke EU privacy rules

TikTok fined $600 million for China data transfers that broke EU privacy rules

A European Union privacy watchdog fined TikTok 530 million euros ($600 million) on Friday after a four-year investigation found that the video sharing app’s data transfers to China put users at risk of spying, in breach of strict EU data privacy rules. Ireland’s Data Protection Commission also sanctioned TikTok for not being transparent with users […]

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ByteDance plans music-streaming expansion to take on Spotify – WSJ

ByteDance plans music-streaming expansion to take on Spotify – WSJ

China’s ByteDance Ltd is in talks with music labels for expanding its music-streaming service globally to compete with industry leaders such as Spotify Technology SA, the Wall Street Journal reported on Wednesday. The TikTok parent plans to eventually integrate music streaming within its short-video service and scale it to serve as a major platform for […]

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TikTok deal remains elusive as Biden administration works to solve data concerns

TikTok deal remains elusive as Biden administration works to solve data concerns

The Biden administration and TikTok are working on an agreement that would let the video-sharing site keep operating in the US, but negotiations have stalled over concerns that the company’s Chinese ownership poses a national security threat, people with knowledge of the matter said. Once reached, the agreement would allow the platform to continue operating […]

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Instagram’s Mosseri says videos will dominate the platform

Instagram’s Mosseri says videos will dominate the platform

The photo and video hosting social media platform has been facing flak for becoming too similar to TikTok The photo and video hosting social media platform has been facing flak for becoming too similar to TikTok After the photo and reel sharing social media platform Instagram introduced several updates, company head Adam Mosseri posted a […]

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TikTok’s global security chief to step down

TikTok’s global security chief to step down

Roland Cloutier said his move followed recent changes to the security teams at the video-sharing app Roland Cloutier said his move followed recent changes to the security teams at the video-sharing app TikTok’s global chief security officer Roland Cloutier, who oversees cyber security, is stepping down from his role but will stay at the company, […]

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TikTok moves U.S. user data to Oracle servers

TikTok moves U.S. user data to Oracle servers

The move comes nearly two years after a U.S. national security panel ordered parent company ByteDance to divest TikTok because of fears that U.S. user data could be passed on to China’s communist government. The move comes nearly two years after a U.S. national security panel ordered parent company ByteDance to divest TikTok because of […]

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