Russia lodges lawsuit against 5 social media platforms for not deleting violent protest posts

In a significant development that spells fresh bout of legal trouble for social media companies, Russian authorities are suing have launched a complaint against five social media platforms for allegedly failing to delete posts urging children to take part in illegal protests. Russian authorities have filed cases against Facebook, Twitter, Google, Telegram and Tiktok for…

TikTok’s owner ByteDance agrees to settle $92M class-action lawsuit

According to a document filed in the U.S. District Court in Illinois, China’s ByteDance has agreed to settle a $92 million class-action lawsuit from U.S. TikTok users who had alleged data privacy concerns. ByteDance, TikToko’s owner, has agreed to the settlement after more than a year of litigation. “While we disagree with the assertions, rather…

ByteDance explores sale of TikTok’s Indian operations

In a report, Bloomberg News said, China’s ByteDance is exploring the sale of TikTok’s Indian operations to rival Glance, a unicorn. Negotiations, initiated by Japan’s SoftBank Group Corp, early, private, and complex, said the report citing sources people familiar with the matter at hand. InMobi’s short-video app Roposo has gained more market share in India after…

No specific timetable for review of TikTok and other Chinese tech companies: White House

In a statement the White House said, the Bidden Administration has not set a specific timetable for reviewing TikTok and other issues related to Chinese technology companies; further, the administration is also not undertaking any new proactive new steps now. The development marks a softening of U.S. approach towards China. According to two sources briefed…

Non-compliance to British laws will attract fines on social media companies

Social media companies operating in Britain, including Twitter, Facebook, and TikTok could face fines up to 10% of their respective turnover if they fail to remove and limit the spread of illegal content under laws proposed by Britain on Tuesday. In a statement the British government said, social media platforms will need to do more…

ByteDance weaponizes legal system through endless negotiations, revised filings

According to a court filing, the Trump administration has granted TikTok’s owner ByteDance a new seven-day extension to an existing order directing the Chinese company to sell its TikTok short video-sharing app. Earlier the the Trump administration had granted ByteDance a 15-day extension which was set to expire on Friday. On August 14, U.S. President…

Trump does not want ByteDance to have controlling stake in TikTok: senior administration official

According to a senior administration official who spoke on the condition of anonymity, regardless of how China’s ByteDance positions the divestment of its short video sharing app TikTok, U.S. President Donald Trump does not want it to have a controlling stake in TikTok, since it will place Americans’ personal information at risk. Despite China’s bravado…

Oracle held preliminary talks to acquire TikTok’s operations in the U.S., Australia, Canada, and New Zealand

According to sources briefed on the matter at hand, Oracle Corp has had preliminary talks with ByteDance, TikTok’s owner, and was seriously considering purchasing the app’s operations in the United States, Australia, Canada, and New Zealand. Earlier this month, Twitter Inc had expressed an interest to acquire TikTok’s U.S. operation and had approached ByteDance for…

Trump issues executive orders to ban TikTok and WeChat in 45 days

In a significant development, U.S. President Donald Trump stated, the United States will ban China-owned ByteDance’s TikTok video-sharing app, and Tencent’s WeChat app, in 45 days. The development comes in the wake of the Trump administration stepping up efforts to purge “untrusted” apps, including Chinese ones, from its digital networks citing “significant threats” posed by…