It seems TikTok may not be out of the woods just yet, with various conflicting stories around the pending Oracle/TikTok deal. On Saturday, US President Donald Trump told reporters that he had given the Oracle-lead deal for TikTok’s operations in the US ‘his blessing’, which was enough for TikTok to put out two official statements […]
With the White House’s September 15th (or 20th) deadline looming, it looks as though TikTok will remain in operation in the US, with a consortium bid, lead by enterprise software giant Oracle, named on Sunday as the preferred partner by TikTok’s parent company ByteDance. Read full article here.
With negotiations over the future of the app ongoing, and Microsoft still seemingly the lead bidder for the platform, TikTok has this week revealed its actual user counts for the first time, which detail TikTok-specific user numbers, not incorporating usage of the Chinese version of the app, called ‘Douyin’. Much has been made of TikTok’s meteoric growth, […]
A new suitor has emerged in the race to buy the US operations of TikTok, with cloud computing giant Oracle reportedly joining a group of investment firms in formulating an offer for the app. As reported by CNBC: “Oracle’s talks to acquire TikTok’s operations in four countries are ongoing and have accelerated in recent days, the […]
Yes, TikTok remains under a cloud, and yes, there are ongoing concerns about its data-sharing and moderation processes. For some, that will mean that they’ll look to avoid the app entirely, but many others are still looking at ways to tap into the video platform’s popularity, and in particular, its reach with younger audiences. How you […]
How much is TikTok actually worth? Some estimates have put the app at close to $50 billion, given its meteoric growth and large user base. Official predictions suggest that Microsoft, or any other suitor, will need to pony up between $10b and $30b to purchase the short-form video app – and for comparison, Instagram is reportedly worth around $100 billion. […]
Amid renewed calls to ban the app, after India blocked all Chinese-originated apps due to concerns around their potential data-sharing obligations with the Chinese Government, TikTok has this week published its latest transparency report, which provides specific detail on all of the requests that the app has received from law enforcement and government bodies relating to content removals or […]
Despite various controversies around its ownership, its moderation policies, its growth efforts. Despite these concerns, TikTok is working very hard to show that it has nothing to hide, that it’s a transparent company, that users can trust. It’s added a new Transparency Center in LA, where people can stop by and see how it actions its policies, it’s limited user […]