DESPITE US TIKTOK BAN, BYTEDANCE’S REVENUE DOUBLED TO $35 BILLION IN 2020

Highlights

• ByteDance was successful in growing its operating profit to roughly $7 billion last year, which is $4 billion lesser than what was achieved in 2019

• The former US President Donald Trump had signed an executive order on August 6, 2020 and forced its sale...

INDIAN GOVERNMENT TO CONTINUE BAN ON CHINESE APPS

HIGHLIGHTS

• In JUNE 2020, Indian government banned 59 Chinese apps including TikTok.
• In SEP 2020, Indian government banned 118 more Chinese apps including PUBG mobile game.
• Reports say that ban on Chinese apps is expected to continue in Indi...

GOOGLE TO DISPLAY INSTAGRAM AND TikTok VIDEOS IN ITS SEARCH RESULTS

Highlights

• Reports state that the Alphabet-owned company is working on the possibility to feature the videos from both the platforms, TikTok and Instagram

• A Google spokesperson said the search-engine giant is currently testing the feature on mobile phones

TIKTOK FACED LEGAL ACTION FROM 12-YEAR-OLD GIRL IN UNITED KINGDOM

Highlights:

• The company TikTok has been facing a legal action for a twelve-year-old girl in the United Kingdom
• A court in the United Kingdom has ruled that the girl can remain anonymous if the case goes ahead in the future

A 12-year-...

U.S. GOVERNMENT APPEALS ORDER THAT BLOCKED TikTok RESTRICTIONS

Highlights

• The Trump administration said TikTok possesses threat to national security as it is likely to obtain personal data of U.S. users and provide it to Chinese government

• Previously a US District Judge Carl Nichols in Washington had issued an order blocking...

U.S. APPEALS COURT TO HEAR ARGUMENTS IN APPEAL CHALLENGING ORDER BLOCKING TikTok BAN

Highlights

• On September 27, US District Judge Carl Nichols in Washington blocked the US Commerce Department order hours before it was going to ban new downloads of Chinese-owned TikTok

• The appeals panel consists of Judges Robert Wilkins, Judith Rogers and Patrici...

ANOTHER U.S. JUDGE BLOCKS COMMERCE DEPARTMENT FROM IMPOSING RESTRICTIONS ON TikTok

Highlights

• A second US judge on Monday granted a preliminary injunction blocking the U.S. Commerce Depart from imposing restrictions on ByteDance-owned TikTok

• Talking about this decision given by judge Nichols, a TikTok spokesman said the company was pleased that...

U.S. DECIDES AGAINST EXTENDING TikTok DIVESTITURE DEADLINE

Highlights

• The Committee on Foreign Investment in the United States (CFIUS) is engaging with ByteDance in order to complete the divestment and other steps to resolve the national security risks

• In the last week, CFIUS had granted an extension of one to ByteDance ...

ByteDance GETS SEVEN-DAY EXTENSION OF TikTok SALE ORDER

Highlights

• The Trump administration had previously granted a 15-day extension to ByteDance of this executive order issued in the month of August, which would have expired this Friday

• The U.S. President Donald Trump on August 14 had directed the Chinese company to...

SPOTLIGHT: SNAPCHAT’S NEW TikTok-LIKE FEATURE

Highlights

• According to the statement issued by Snapchat, all its users who could previously share photos or stories with friends, can now share them directly to Spotlight and gain new followers

• Snapchat said it would be giving nearly $1 million every day through...

TikTok EMPLOYEE WHO SUED US GOVERNMENT WITHDRAWS HIS CASE

Highlights

• According to a filing dated November 13, submitted by Patrick Ryan, both the sides were in the favor of dismissing the case with prejudice

• ByteDance, which happens to be the parent company of TikTok has received an extension till November 27 of its dea...

ByteDance ASKS FEDERAL APPEALS COURT TO VACATE TRUMP’S ORDER OF SELLING TikTok's U.S. BUSINESS

Highlights

• U.S. President Donald Trump had issued an executive order in August that required ByteDance to sell TikTok's U.S. business by November 12 if a 30-day extension by the CFIUS was not granted to it

• According to the reports, ByteDance has asked the fed...

TikTok AVERTS YET ANOTHER BAN IN THE U.S.

Highlights

• After this decision by the Pennsylvania judge, TikTok will still stay in the U.S. app stores and can be used by the Americans

• In order to  stop the app from being shut in the United States, three TikTok influencers in the country who are making mo...

TIKTOK PARTNERS WITH HTTPOOL ROMANIA

HIGHLIGHTS

• TikTok has forged a partnership with Httpool Romania.
• Httpool Romania has international experience in advertising campaigns on TikTok

Httpool Romania has added TikTok to its portfolio of partners. Given the extensive inter...

CHINA CATEGORICAL ON US BAN OF TIKTOK AND WECHAT IN NONCONFORMANCE TO WTO RULES

• China was vehement in its tirade at a World Trade Organization meeting against the United States which has shunned Chinese mobile applications TikTok and WeChat, stating that they oppose the body’s rules, a trade official said.
• The Trump administration has ordered downloa...

END OF THE ROAD FOR TikTok, IF ORACLE DEAL NOT CLOSED WITH U.S. TERMS: STEVEN MNUCHIN

Highlights

• Mnuchin said all of the code will have to be in the United States. He further said that Oracle will be responsible for rebuilding the code, sanitizing the code, making sure it’s safe in their cloud, and whether it will satisfy all the US requirements

&b...

US COURT TEMPORARILY BLOCKS TRUMP'S MOVE BANNING TikTok FROM APP STORES

Highlights

• As per the order issued by the Commerce Department, Google and Apple were asked to remove Tiktok owned by Chinese company ByteDance from their respective app stores

• The US district judge Carl Nichol granted a preliminary order to allow the app to remai...

U.S. JUSTICE DEPARTMENT SEEK AN IMMEDIATE BAN ON DOWNLOADS OF WeChat

Highlights

• The President of the United States, Donald Trump on August 6 had issued an executive order to ban two Chinese apps TikTok and WeChat, effective from September 20

• Last Saturday, Magistrate Judge Laurel Beeler in California had agreed to delay US restric...

FDA WARNS ABOUT THE BENADRYL CHALLENGE ON TikTok

Highlights

• The FDA said that they are aware of news reports of teenagers ending up in the emergency rooms or dying after participating in the Benadryl Challenge encouraged in videos posted on the social media application TikTok

• The FDA has warned that taking over...

TikTok's PARENT COMPANY ByteDance APPLIES FOR CHINESE TECH EXPORT LICENSE TO COMPLETE U.S. DEAL

Highlights

• ByteDance submitted an application to Beijing’s municipal commerce bureau and now is waiting for the approval

• While speaking to the reporters on Thursday, spokesman of Chinese commerce ministry Gao Feng said that the application from ByteDance ha...