ByteDance Reaches $300B Valuation
TikTok’s parent company, ByteDance, recovered from a prior valuation of $223 billion, although it’s still below the $400 billion peak of 2021.
TikTok
Appeals Centre to Rule Over Social Media Disputes in EU
A new appeals body Appeals Centre Europe has been established to review policy violation complaints related to major social media platforms such as Facebook, TikTok, and YouTube.
Texas Sues TikTok
The US state of Texas has sued TikTok, accusing this virtual platform of involvement in the practice of violating the system of norms on ensuring the privacy of children in the digital environment.
Who Are India’s AI Influencers and What Do They Mean for Creator Marketing?
Artificial intelligence (AI) has transformed the way we do business and sell merchandise. The technology does not only optimise the paperwork for e-commerce but also can autonomously promote brand products. Virtual influencers went viral in China first and are quickly gaining popularity in other markets, with India being one of the prominent examples.
ByteDance & Broadcom Work on Advanced AI Chip
TikTok parent company, ByteDance, has partnered with American semiconductor and software provider Broadcom to develop a high-end AI chip, addressing the issues with U.S. export control.
TechBerry Review: What the Epitome of Social Analytics Feels Like
There used to be a moment when FX investors were regarded as this rather select class of people, spending substantial parts of their time simply honing their talents or skills, whether it be through some specialized training routines or through their many contacts within the industry. Regardless, nowadays, FX investors are just average, self-taught individuals […]
TikTok Comment Issue: Insights into Comments Not Appearing in 2024
Are you unable to interact with your audience because of the dreadful TikTok comment glitch? At GCG Media, we understand the importance of TikTok comments in maintaining and deepening user engagement. Advertisers are unable to engage and nurture their leads with TikTok comments not loading, rendering the campaign ineffective.
TikTok Says About Potential Consequences of Banning Platform in US
TikTok stated that the ban on this virtual platform in the United States would be a factor in hurting freedom of speech and harming local businesses.
US House Passes Bill to Force ByteDance to Divest TikTok
The United States House of Representatives on Wednesday, March 13, passed a bill according to which the Chinese company ByteDance, which owns TikTok, must divest the US assets of this short-video app within six months or face a ban.
TikTok and GoTo Announce Partnership in Indonesia
TikTok and GoTo announced the establishment of a strategic partnership in Indonesia.
TikTok Invests $1.5 Billion to Get Back Into Online Shopping in Indonesia
TikTok, which is part of the ByteDance ownership structure, is investing $1.5 billion to become the controlling shareholder of the e-commerce unit of Indonesia’s GoTo Gojek Tokopedia.
Judge Blocks TikTok Ban in Montana
Last Thursday, November 30, in the United States, a federal judge’s decision temporarily halted a ban on a virtual platform for creating and watching short videos and online broadcasts of TikTok in Montana, which was supposed to take effect in early 2024.
TikTok Mulls Tokopedia Investment for New E-Commerce Platform
TikTok is reportedly considering an investment into Tokopedia, a unit of Indonesia’s GoTo Group, to revive its e-commerce service in Southeast Asia’s largest retail market.
Utah Sues TikTok
Utah is another American state to file a lawsuit against the TikTok virtual platform.
Irish Regulators Fine TikTok
The Irish regulators, as part of the proceedings on the fact of TikTok’s involvement in the use of practices that violate the norms of ensuring the confidentiality of information of underage users of social networks and apps, decided to apply the measure of influence in the form of a fine in the amount of €345 […]
EU Names Six Tech Giants to Comply With DMA
The EU regulators have come up with a list of so-called gatekeepers with enough market power to report their core platform services to the European Commission under the Digital Markets Act (DMA)
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