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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TikTok’s CEO navigates the limits of his power

TikTok’s CEO navigates the limits of his power

TikTok recently tried to tamp down concerns from U.S. lawmakers that it poses a national security threat because it is owned by the Chinese internet company ByteDance. The viral video app insisted it had an arm’s-length relationship with ByteDance and that its own executive was in charge. “TikTok is led by its own global CEO, […]

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TikTok’s global security chief to step down

TikTok’s global security chief to step down

TikTok’s global chief security officer Roland Cloutier, who oversees cyber security, is stepping down from his role but will stay at the company, according to a memo on TikTok’s website. Cloutier, who is based in Florida, said his move followed recent changes to the security teams at the video-sharing app, which is owned by China’s […]

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TikTok seeks to reassure U.S. lawmakers on data security

TikTok seeks to reassure U.S. lawmakers on data security

Chinese-owned social media site TikTok told U.S. senators it was working on a final agreement with the Biden Administration that would “fully safeguard user data and U.S. national security interests,” according to a TikTok letter seen Friday by Reuters. The letter dated Thursday came in response to questions raised in a June 27 letter by […]

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