After talks with the USFG, Microsoft is committing to complete a deal to acquire TikTok from ByteDance and is looking to reach a conclusion by September 15, 2020. The deal is subject to a complete security review and providing proper economic benefits to the US, including the US Treasury.
Read MoreTriller capitalizes on the timing of increasing scrutiny against its biggest rival, TikTok and parent company ByteDance, by dishing a patent lawsuit. It has been filed in the U.S District Court for the Western Division of Texas.
Read MoreAs tech giants, Facebook, Apple, Google, and Amazon face the House Judiciary’s antitrust panel today, TikTok is taking new measures to announce more steps on being transparent. The platform has been mired with scrutiny with US politicians warning about TikTok’s influence and a proposed ban by the USFG.
Read MoreThree top TikTok stars have announced major deals off platform this week. The platform doesn’t offer creators a way to make money aside from a largely unused feature, Tips, activated during live streams. While a staple for conventional YTers and streamers, TikTok Creators are charting new territory when it comes to sourcing revenue streams outside their native platform.
Read MoreLasso, Facebook’s TikTok clone, will shut down as the platform looks to shift their focus to Instagram’s Reels feature. Users were notified Wednesday to download any videos they wanted to keep.
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