Update – September 19th: Donald Trump said he has approved a deal allowing Oracle and Walmart to purchase TikTok, according to the New York Times. Pending formal approval, the Commerce Department said that it would delay a previously announced plan to bar TikTok from U.S. app stores for one week. After deals to acquire TikTok by Microsoft and Oracle hit a snag, Donald Trump is moving forward with his threat to ban the popular Chinese-owned video sharing service in the US. Beginning Sunday (Sept. 20th), the U.S. Department of Commerce will block new downloads of TikTok from U.S. app stores. TikTok will continue to work for existing users until November 12th, at which point content delivery restrictions will be placed on the app, effectively rendering it unable to operate. TikTok is est...
After weeks of discussions over the future of TikTok in the United States, the Trump Administration has announced it will be banning the social media platform as well as messaging app WeChat from mobile app stores starting as early as Sunday (Sept. 20). The unprecedented ban is to “Protect the National Security of the United States” from the Chinese-owned company, according to a statement from the U.S. Department of Commerce. It goes on to say that “At the President’s direction, we have taken significant action to combat China’s malicious collection of American citizens’ personal data, while promoting our national values, democratic rules-based norms, and aggressive enforcement of U.S. laws and regulations.” While Trump plans to boot WeChat from app stores on Sept. 20, TikTok will be...
YouTube Shorts allows users to record and upload 15-second videos straight from their mobile phones. YouTube is entering the race to usurp TikTok’s dominance in the short-form video space with YouTube Shorts, a new tool that will allow users to record and upload 15-second videos straight from their mobile phones. This week, YouTube will launch an early beta of Shorts in India, which in late June banned TikTok and dozens of other Chinese-owned apps, citing security concerns. Since the ban, the popularity of TikTok competitor Triller exploded in India, surging to No. 1 on Apple’s App Store in the country. In its early beta launch in India, Shorts will boast a number of creation tools similar to those on TikTok and its competitors, including a multi-segment camera allowing users t...
ByteDance has selected Oracle as its partner for a deal to keep TikTok operating in the U.S., a source familiar with the talks confirms to The Hollywood Reporter. The decision comes as ByteDance has rejected a bid by Microsoft that earlier this summer was seen as the likely option for the company as it looked to avoid a shutdown of the popular social media app amid increased tensions between the U.S. and China. Microsoft confirmed that its bid had been rejected in a statement on its corporate blog on Sunday night. “We are confident our proposal would have been good for TikTok’s users, while protecting national security interests,” the company wrote. “To do this, we would have made significant changes to ensure the service met the highest standards for security, priv...
The Department of Justice argues a TikTok employee’s fear that the executive order banning transactions with Beijing-based parent ByteDance will keep him from getting paid isn’t enough to warrant a temporary restraining order that would keep the Department of Commerce from enforcing it. President Donald Trump on Aug. 6 issued an order that would bar “any transaction by any person” with ByteDance or any of its subsidiaries. TikTok on Aug. 24 sued, arguing its due process and first amendment rights were being violated. The same day, a technical program manager named Patrick Ryan sued Trump and U.S. Secretary of Commerce Wilbur Ross Jr. arguing that the vaguely worded ban on transactions between U.S. persons and ByteDance could mean that he can’t get paid. Earlie...
A new patent filed by Spotify shows the streaming giant is serious about accelerating its presence in the visual content arena. The company recently introduced video podcasts to its platform in 2020 and is continuing to build its audiovisual offerings for artists, including canvas art and music videos. The recent developments have put the platform on a collision course with the likes of similar multimedia platforms such as YouTube. It seems, however, that Spotify has been paying particularly close attention to TikTok as of late. In a groundbreaking move, Spotify has filed a patent that would enable users to share short-form “video moments” soundtracked to music. Spotify’s Short-Form Video Moments Patent In the patent, the Stockholm-based company shares i...
Just when you thought the TikTok Royal Rumble couldn’t get any wilder, Walmart’s entrance music started to play. As CNBC reports, the Big Box chain is making a late move to acquire TikTok by tag-teaming with Microsoft. TikiTok is currently owned by the Beijing-based company ByteDance. By joining together, Microsoft and Walmart hope to fend off other deep-pocketed bidders, including the tech giant Oracle. CNBC guesses the final price tag will be between $20 and $30 billion, and a deal could happen within the week. Ever since a sale seemed likely, Microsoft has been connected to TikTok. But Walmart’s interest is new, and seems to stem from its desire to compete with Amazon Prime. In July, Walmart announced Walmart +, which is exactly what it sounds like: a Sam’s Club ripoff of more...