TikTok has said it will separate itself from its Chinese parent company, ByteDance, and become an independent entity called TikTok Global – with Oracle and Walmart both taking minority stakes. In a deal that US President Donald Trump gave his blessing to over the weekend, US multi-tech company Oracle would become TikTok’s new cloud provider, […]
TikTok will be banned from US app stores from September 20th, unless a last minute compromise is agreed with president Donald Trump. Owner Bytedance had previously been given a September 15th deadline to find a buyer for its US operations. The Department of Commerce said it would bar people in the US from downloading the […]
Microsoft has reported that its offer to buy the US operations of video-sharing app TikTok has been rejected, leaving the door open for Oracle to make a last-minute bid. US President Donald Trump gave a September 15th deadline for the Chinese-owned app to sell or shut down in the country, citing national security concerns. Reuters […]
TikTok has until September 15th to find an American buyer for its US operations, and that will not change. “There will be no extension of the TikTok deadline,” US President Donald Trump stated. Trump has previously given ByteDance, the Chinese owner of the video-sharing app, 45 days to sell it. If ByteDance doesn’t sell the […]
TikTok’s future may be uncertain in the US, but its UK operations continue to grow robustly despite security concerns. According to eMarketer’s latest UK social network forecast, the Chinese-owned video-sharing platform will have several milestone moments this year and next. TikTok will grow its UK user base by 75.2 per cent this year, reaching 8.5 […]
The media market in Sweden has been affected by the pandemic in various ways. Increasing news consumption is one factor, another is consumers’ change of primary news source. Mediavision’s Q2 analysis takes a closer look at this phenomenon. The appetite for news among Swedish consumers surged early in the second quarter, spurred by the pandemic, […]
Walmart, the US retail giant, has confirmed it will partner with Microsoft to make a bid for the US operations of social media app TikTok. TikTok, owned by China-based ByteDance, has been ordered to sell its US arm to an American firm or face a ban in the country. US President Donald Trump has alleged […]
TikTok chief executive Kevin Mayer has quit after less than three months in the role ahead of an impending ban by US President Donald Trump The Chinese-owned firm has been accused of being a threat to US national security by the Trump administration. TikTok has been ordered to sell its US operations to an American […]
New research from Roy Morgan reveals the Internet has overtaken TV as Australia’s main source of news over the last two years. Over 12.7 million Australians (60.8 per cent) now say the Internet is a main source of news, up 1.4 million since 2018, including nearly 7.9 million Australians (37.7 per cent) specifically nominating Social […]
One in five UK adults (21 per cent) – the equivalent of 10.3 million consumers – purchased at least one new digital device as a result of spending more time at home because of the Covid-19 pandemic according to Deloitte’s Digital Consumer Trends 2020 report. In total, up to 21.2 million digital devices were purchased […]