Beijing, China | XINHUA | The U.S. government recently coerced ByteDance to sell video-sharing app TikTok’s U.S. business to American companies, repeating its old trick of seizing high-tech enterprises by abusing state power. Media and experts pointed out that the United States used the pretext of national security to carry out …
Read More »TikTok expects three-party agreement between ByteDance, Oracle, Walmart to resolve U.S. concerns
Los Angeles, US | XINHUA | Video-sharing social networking platform TikTok on Saturday voiced hope that an agreement reached by its Chinese parent company ByteDance with Oracle and Walmart will “resolve the security concerns of the U.S. administration and settle questions around TikTok’s future in the U.S..” The Los Angeles-based …
Read More »TikTok disappointed with latest decision from U.S. Commerce Department
Los Angeles, US | XINHUA | Video-sharing social networking platform TikTok said Friday that it felt disappointed with the decision announced by the the U.S. Commerce Department blocking the download and update of the company’s popular application starting Sunday. “We disagree with the decision from the Commerce Department, and are …
Read More »TikTok submits proposal to U.S. authorities to resolve security concerns
Beijing, China | XINHUA | Video-sharing social networking platform TikTok said Monday it had submitted a proposal to the U.S. administration to resolve its “security concerns,” in order to continue the company’s operation in the future. Oracle, a U.S. multinational computer technology corporation headquartered in California, also confirmed in a statement …
Read More »EU welcomes TikTok joining Code of Conduct against illegal online hate speech
Brussels, Belgium | XINHUA | The European Commission welcomed the decision of TikTok to join the Code of Conduct of the European Union (EU) on countering illegal hate speech online. “I commend TikTok for their decision to sign up to our EU Code of Conduct,” EU Commissioner for Justice Didier Reynders …
Read More »TikTok CEO resigns amid U.S. pressure on business
Los Angeles, US | XINHUA | TikTok CEO Kevin Mayer resigned Wednesday amid continued U.S. pressure on the popular video-sharing app. In a letter to employees, Mayer said he had made the decision because of the dramatically changing political environment. The video-sharing social networking company on Monday filed a lawsuit …
Read More »TikTok files lawsuit against Trump administration’s executive order
Kampala, Uganda | XINHUA | Video-sharing social networking company TikTok on Monday filed a lawsuit against the Trump administration over an executive order banning any U.S. transactions with its parent company ByteDance. In the 39-page indictment acquired by Xinhua, U.S. President Donald Trump, Secretary of Commerce Wilbur Ross and U.S. …
Read More »TikTok confirms to challenge Trump’s executive order
Los Angeles, US | XINHUA | The video-sharing social networking company TikTok confirmed Saturday that it will file a lawsuit against the Trump administration over an executive order banning any U.S. transactions with its parent company ByteDance. ByteDance announced later that the lawsuit will be delivered next Monday. Los Angeles-based …
Read More »U.S. may lose in Trump’s TikTok war, expert warns
New York, US | XINHUA | As the Trump administration is threatening to ban popular apps including TikTok and WeChat, “the United States may lose in Trump’s TikTok war,” warned an expert. Wei Shangjin, professor of finance and economics at Columbia University’s Graduate School of Business and School of International …
Read More »U.S. political suppression of non-American firms doomed to boomerang: China
Beijing, China | XINHUA | Saying that reckless political manipulation and suppression of certain non-American firms by the United States is doomed to “boomerang,” China on Friday urged Washington to rectify its mistake and refrain from politicizing economic issues. The remarks were made by Foreign Ministry spokesperson Wang Wenbin in response …
Read More »