TikTok

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Aiming for the right blend: C-beauty’s challenge to K-beauty can’t be brushed off

Lower prices, rapid launches and a strong social media game support growth of Chinese cosmetic and skincare brands in S-E Asia

ByteDance, the parent company of video sensation TikTok, launched on Feb 7 its newest iteration AI video creation app Seedance 2.0.

ByteDance’s new video model sparks rally in China AI app stocks

Demand for shares of Chinese firms with killer apps has grown in recent months

TikTok was told that it risks a fine of up to 6% of owner ByteDance’s global turnover if it continues to flout the rules under the Digital Services Act.

TikTok accused of breaching EU online content rules

EU tech regulators say the app may have to change its ‘addictive design’ featuring infinite scroll and autoplay

The TikTok sale is the first high-profile instance of a Chinese tech platform agreeing to cede control of its foreign subsidiary business under regulatory pressure.

Forced TikTok US sale may turbocharge ByteDance’s Asia expansion, with S-E Asia to gain: analysts

Other emerging markets have also been identified as potential beneficiaries of the divestment

ByteDance is expected to maintain control over valuable parts of its US TikTok business, including its advertising division and fast-growing e-commerce arm TikTok Shop.

What the TikTok deal means for the app’s future in the US

The social media platform is used by about 200 million Americans

US President Donald Trump has credited TikTok with helping him reclaim the White House in 2024. 

TikTok’s new CEO brings Hollywood connections, ByteDance loyalty

Presser does not have a background in politics, but his new role is likely to thrust him into Trump’s orbit

TikTok is used by more than 200 million Americans.

US lawmakers say TikTok joint venture deal needs scrutiny from Congress 

Some US lawmakers on Friday (Jan 23) said a deal by TikTok’s Chinese owner ByteDance to establish a majority American-owned joint venture (JV) to avoid a US ban on the social media app needs scrutiny ...

TikTok Vietnam says the company has “begun implementing adjustments” in line with the authority’s recommendations.

Vietnam fines TikTok for violating government data consent rules

The company has no mechanism enabling consumers to opt out of having their information used for commercial activities such as advertising

Adam Presser, TikTok’s operations head, will be the CEO for the US TikTok.

TikTok strikes deal for new US entity, ending long legal saga

The agreement resolves existential questions about the company’s future

TikTok has been fined 880 million dong; VNG, the operator of messaging app Zalo, has been dealt a penalty of 810 million dong.

Vietnam fines TikTok, Zalo operators over data consent practices

The social media apps have been hit with a combined 1.69 billion dong fine for breaching user data collection rules