TikTok

On Sunday, Meta Platforms, Inc.'s (NASDAQ:META) Instagram announced a new video creation app called ‘Edits’ to attract TikTok users. What Happened: Adam Mosseri posted a video on Instagram and unveiled the ‘Edits’ app, which resembles CapCut, a popular tool among TikTok...

Jeff Bezos-backed Perplexity reportedly bid to merge with TikTok U.S. on Saturday, but Wedbush analyst Dan Ives hinted Elon Musk’s X could ultimately seal the deal amid rising speculation. What Happened: On Saturday, Perplexity submitted a bid to ByteDance, TikTok’s Chinese parent...

TikTok went dark in the U.S. at around 10:30 p.m. ET on Saturday night, with a pop-up message on the widely used app expressing hope that President-elect Donald Trump will intervene after he takes office. What Happened: ByteDance‘s TikTok became inaccessible in the U.S. about an hour and a...

President-elect Donald Trump said Saturday that he may provide a 90-day extension to ByteDance-owned TikTok to delay or prevent a ban in the U.S. What Happened: During an interview with NBC on Saturday, Trump suggested that he is “most likely” to grant TikTok a 90-day extension from a...

Billionaire entrepreneur Mark Cuban has shown interest in funding a TikTok alternative. This move comes in light of the potential shutdown of TikTok this weekend, with Cuban considering leveraging the protocol developed by microblogging site Bluesky. What Happened: Cuban is contemplating this step...

TikTok has announced that it will cease operations in the U.S. on Sunday unless the Biden administration provides assurances to tech giants like Apple Inc. (NASDAQ:AAPL) and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google that they will not face legal repercussions once a ban on the app takes...

Mark Cuban is leaving no room for doubt when it comes to Kevin O'Leary's plan to buy TikTok's U.S. operations. The billionaire investor and “Shark Tank” star took to X to critique the bid, calling it a long shot and warning O'Leary about the risks involved. Cuban's message to him is to...

Meta Platforms Inc. (NASDAQ:META) reportedly stands to gain significantly if TikTok, a popular social media platform, is banned from U.S. app stores this Sunday. What Happened: TikTok’s legal team warned that the app could “go dark,” cutting off access for existing users to view...

A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the post-election surge in early November. Heading into the week, markets were gripped by concerns over inflation and interest rates,...

The U.S. Supreme Court has upheld a ruling that TikTok will be banned in the country unless parent company ByteDance sells off the American portion of the business. What Happened: In a unanimous decision, the Supreme Court issued its ruling that TikTok is set to be banned on Jan. 19, ending access...

President-elect Donald Trump on Friday engaged in his first conversation with China’s President Xi Jinping since his departure from the White House in 2021. This interaction comes just days before a senior Chinese official is scheduled to visit Washington. What Happened: According to a...

Duolingo Inc (NASDAQ:DUOL) just delivered another masterclass in keeping learners hooked, and Wall Street is taking notes. Shares surged as much as 7% on Thursday, and JPMorgan's Bryan M. Smilek sees plenty of upside, reiterating an Overweight rating and a $400 price target. Enter Lily: Video Calls...

On Thursday, Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, called for a ban on ByteDance-owned TikTok, citing national security risks. What Happened: Taking to X, the wealth manager did not mince words, alleging that the app is being used by the Chinese government as a tool...

The Biden administration has decided not to enforce the impending TikTok ban, leaving the decision to the incoming Donald Trump administration. What Happened: Despite the ban set to take effect on Sunday, the Biden administration will not force TikTok to shut down for U.S. users. However, the...

TikTok CEO Shou Chew is reportedly set to attend President-elect Donald Trump’s inauguration, joining other tech leaders like Elon Musk, Mark Zuckerberg, and Jeff Bezos. What Happened: The Trump Vance Inaugural Committee extended an invitation to TikTok’s CEO, reported the New York...