TikTok

Former Greek Finance Minister Yanis Varoufakis warns that the TikTok ban controversy in the United States exposes a deeper issue: the concentration of power among tech platform owners who function as “techno-feudal lords” over social media users. What Happened: “There is no...

A group of U.S. investors, with backing from YouTube star Jimmy Donaldson, also known as MrBeast, has amassed over $20 billion to bid for TikTok. What Happened: The group, led by tech entrepreneur Jesse Tinsley, includes Roblox Corp. (NYSE:RBLX) CEO David Baszucki and Anchorage Digital CEO Nathan...

A new Benzinga reader poll shows a mixed opinion on whether users are headed for the exits of social media platforms in the months since the 2024 presidential election. While many users are staying on social media platforms, here's a look at which companies could be most impacted. What Happened: A...

Social media company Meta Platforms (NASDAQ:META) could cover topics such as politics, the pending TikTok ban and AI spending when the company reports fourth-quarter financial results after market close Wednesday. Here are the analyst earnings estimates, latest analyst ratings and comments, and key...

The recent TikTok ban in the U.S. caused millions of people a lot of confusion and frustration. Over the weekend, TikTok was removed from Apple's App Store and Google Play because of a nationwide ban. If someone deleted the app, they couldn't download it again. This has created a booming market for...

Jeff Bezos-backed Perplexity AI has reportedly submitted a revised proposal to merge with TikTok's U.S. business, offering the U.S. government a 50% stake in the new entity. What Happened: The new plan, submitted to TikTok's parent company, ByteDance last week, allows the U.S. government to own up...

Following an executive order from President Donald Trump, U.S. TikTok users are reportedly seeing signs of increased censorship on the app, once seen as a free-speech haven. After going offline for a brief period due to new laws aimed at addressing national security concerns, TikTok has resumed its...

Amid the ongoing uncertainty surrounding TikTok’s future in the U.S., Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk and Oracle Corp.'s (NYSE:ORCL) Larry Ellison have emerged as prominent figures in the potential acquisition. What Happened: While speaking with BBC on Thursday, Wedbush analyst Dan...

App stores from Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) and Apple Inc (NASDAQ:AAPL) currently don’t allow users to download TikTok due to uncertainty about whether it will be permanently banned in the U.S. But a person without TikTok has at least one route to getting the app. What Happened: As...

TikTok-parent ByteDance is reportedly gearing up to invest over $12 billion in artificial intelligence infrastructure by 2025. What Happened: The Beijing-based tech giant has allocated approximately RMB 40 billion ($5.5 billion) for AI chip acquisitions within China, effectively doubling its...

Kingdom Holding, an investment company of Saudi Arabian Prince Alwaleed Bin Talal, is reportedly interested in investing in TikTok if billionaire Elon Musk or others offer to buy it. What Happened: Kingdom Holding’s interest was highlighted in a statement by CEO Talal Ibrahim al-Maiman to Al...

A highly publicized ban of TikTok by the U.S. led to other apps getting caught in the crossfire, including a game featuring Marvel superheroes. Here's a look at what happened and what the executive order signed by President Donald Trump means for the game's future. What Happened: The Supreme Court...

President Donald Trump’s executive order Monday to suspend the TikTok ban for 75 days has injected fresh uncertainty into the social media platform’s future, even as potential buyers emerge amid national security concerns. What Happened: The order temporarily halts the ban that took...

Billionaire investor Bill Ackman has expressed his admiration for Elon Musk’s X, formerly Twitter, while voicing concerns about TikTok’s influence on society. What Happened: In an interview that was made public on Sunday, Ackman praised X as a platform that allows for diverse voices and...

Tesla Inc. (NASDAQ:TSLA) bull Ross Gerber has voiced doubts about the effectiveness of an executive order in overriding existing laws concerning the TikTok ban. What Happened: Gerber's comment came in response, to Donald Trump’s announcement about his intention to issue an executive order to...