Browsing Tag
TikTok
28 posts
TikTok’s $400m US privacy settlement hits judicial hurdle over 2019 consent decree
A federal judge has signalled that he may reject part of TikTok and ByteDance’s $400 million settlement with the US government because the proposal would terminate a 2019 privacy consent decree without, in his preliminary view, enough evidence that the replacement protections offer a durable remedy.
Australia defies Trump criticism with social-media algorithm opt-out law
Australia plans to force social-media platforms to offer users a genuine choice between algorithmically recommended feeds and posts from accounts they deliberately follow, with penalties reaching A$109.2 million as the Trump administration warns allies against targeting U.S. technology companies.
ByteDance’s $29.6bn loan is not a rescue financing, it is what an AI arms race looks like on a profitable balance sheet
ByteDance has reportedly expanded a planned $20 billion syndicated loan to $29.6 billion after lender demand exceeded $30 billion. The TikTok owner is considering as much as $70 billion of 2026 capital spending, largely around AI infrastructure, yet the loan is priced more cheaply than its previous offshore facility. For one of the world’s most valuable private companies, the financing shows how profitable AI leaders are beginning to combine enormous internal cash generation with public-company-scale debt markets.
J&T Express profit jumps 124% as non-China revenue reaches 50% for the first time
J&T Express more than doubled adjusted profit in the first half as Southeast Asia and emerging markets expanded rapidly, pushing non-China revenue to 50% of group sales for the first time.
Rohingya schools close in Malaysia as online hate campaign pushes refugee children out of class
Nine Rohingya schools have closed in Malaysia as online hate spreads nationwide, exposing how refugee policy gaps are pushing children out of classrooms.
Australia doubles social media ban fines to A$99m as teenagers bypass age checks
Australia blocked five million youth accounts, yet 85% of surveyed teens stayed online. A$99 million fines now test whether enforcement can catch up.
Is Block Blast quietly building a U.S. gaming moat outside the app store?
Find out how Hungry Studio is using Block Blast, TikTok and U.S. sports moments to deepen mobile gaming engagement and brand visibility.
Qualcomm was known for smartphones. ByteDance may just have changed that story
Qualcomm’s reported ByteDance AI chip deal could reshape custom silicon demand. Read why the QCOM move matters now.
Did a small Kentucky school district just expose Big Tech’s next legal headache?
Social media firms paid $27 million to settle a Kentucky school lawsuit. Read why youth safety litigation may be Big Tech’s next risk.
Williamsburg Bridge subway surfing death renews New York City transit safety concerns
New York City warned teens to ride inside. A fatal Williamsburg Bridge fall shows subway surfing remains a deadly youth-safety gap.