The value of TikTok’s parent company, ByteDance, is reportedly under pressure nearing the either forced sale or ban of its most valuable asset.
Apple recently reported third-quarter earnings that saw a return to growth for the iPhone, however, shipments of the smartphone could drop as much as 30% if the tech giant is forced to remove WeChat from its App Store, according to one analyst.
Dixie D’Amelio of TikTok fame has signed a record deal with L.A. Reid's prestigious company HitCo.
The move by Blackstone comes as ByteDance is facing pressure from the White House to sell TikTok to a U.S. company or face the likelihood that the app will be banned in the U.S. over concerns that the Chinese government uses customer data for surveillance purposes.
TikTok, owned by Chinese firm ByteDance, has been deemed a national security threat by the Trump administration, which argues the company could potentially share users' data with the Chinese government.
President Trump widened the scope of his strict foreign policy targeting Chinese tech this week when he effectively banned WeChat by executive order.
Social media giant TikTok is planning to sue the Trump administration over its ban of the app in the United States as soon as next Tuesday, according to an NPR report.
China's foreign ministry on Friday condemned President Trump's executive order banning TikTok from the U.S.
TikTok said Friday is it "shocked" by the president's executive order to ban the app and threatened legal action.
Global stocks fell Friday amid building tensions between Washington and Beijing after President Trump moved to impose new limits on two Chinese social-media apps.
President Trump issued an executive order Thursday night that would see the social media platform TikTok banned within 45 days.
Addison Rae Easterling is the highest-earning TikTok user, according to a new report from Forbes.
Social media giant TikTok is rolling out three new measures ahead of the U.S. election to combat misinformation and political interference on the platform.
Microsoft is looking for partners to share the burden of a potential TikTok purchase. The short form video sharing app could be worth $50 billion.
Sen. Josh Hawley wants Microsoft to ensure TikTok severs all ties with its Chinese parent company ByteDance and the Chinese Communist Party (CCP) during any potential purchase of the popular video app.
These four apps are seeing a surge in downloads as Microsoft considers buying TikTok.
President Trump claimed on Wednesday that Microsoft and other companies interested in buying TikTok's U.S. business have agreed to a "big payment" to the U.S. Treasury should they finalize a deal.
Companies including Facebook and Alphabet’s Google have kicked the tires on the popular and now controversial short video platform, and while each remains broadly interested in the app or at least competing with the app in some way, these companies may be shut out due to antitrust issues, legal sources tell FOX Business.
President Donald Trump said Tuesday that multiples companies besides Microsoft have contacted the White House about purchasing Chinese-owned social media giant TikTok.
ByteDance founder Zhang Yiming said in a letter addressed only to his China-based staff on Tuesday that TikTok could face added uncertainty as “anti-Chinese sentiment” has continued to grow abroad.