Eight months after establishing a U.S. based joint venture, TikTok is getting on board fellow platforms to support industry-wide child safety work.
A federal judge in Los Angeles has tentatively refused to lift the consent decree imposed on Musical.ly, the app ByteDance bought and turned into TikTok. Vlad Savov and Josh Sisco reported the ruling for Bloomberg, which said Judge George H. Wu intends…
Euka has built its business helping brands recruit and manage the creators who sell their products on TikTok Shop. Now, it wants to follow those brands onto other platforms. The creator economy startup is launching an Instagram integration alongside Sh…
ByteDance closed a $290M funding round for Anew Labs, its newly spun-off AI drug discovery unit, at a $1.5B valuation, Reuters reports, citing two sources familiar with the matter. Moreover, the company that owns TikTok will retain 56% of the business …
Essentially a camera app, Superpose analyzes selfies or photos and generates four potential poses using AI.
A Texas judge ruled on Thursday that TikTok broke state law by telling parents its app was safe for their children while knowing that it was not. District Judge Cory Liu found that the company had intentionally misled the public about its safety standa…
TikTok backed out of a congressional committee’s “public roundtable” set for this month over concerns it would be asked about child safety practices, the chair of the committee said. After negotiating “in good faith” to bring TikTok’s chief security officer before the House Select Committee on China to answer questions about Chinese government access to […]
ByteDance has landed a $29.6bn loan, the second-largest in Asia this year and roughly three times what the TikTok owner borrowed offshore in 2024. Banks put in more than $30bn of orders for a facility that started life at $20bn. The terms were first re…
Meta might be on the hook for $17.1 billion and a host of app changes under a new kids safety settlement, but it’s already spinning the deal to its advantage. After years of being the national punching bag for social media harms, Meta has reached a settlement with 47 US states and several districts and […]
Meta will hold back about $5.3bn of its teen safety settlement. The money moves only if TikTok and YouTube adopt the same rules and pay matching sums. The company set out the structure in a newsroom post on Wednesday, hours after agreeing to settle the…