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Trouble at TikTok

China Trouble at TikTok News - Caixin Global

ByteDance’s wildly popular short video app has gotten caught up in U.S.-China tensions, with Washington worried that personal data on TikTok’s 100 million U.S. users could fall into Beijing’s hands.

Cover Story: Will TikTok Be the Next Huawei?

Founder Zhang Yiming’s efforts to defuse rising political pressures fail to gain traction as U.S. moves to follow India in banning the popular video app citing data security concerns

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10 29, 2020 14:37 PM

ByteDance Pulls Most of Its TikTok Traffic From U.S.-Based Fastly Network

Chinese company had used this service to deliver videos on its wildly popular app prior to President Trump’s threat of a ban

10 28, 2020 09:25 AM

CX Daily: Ant Group Picks 29 Strategic Investors for Shanghai IPO

A leading Chinese investment bank is set to overtake Goldman Sachs this year. Plus, China's TikTok and its rival mull IPOs in Hong Kong

10 28, 2020 04:21 AM

Tencent Shares Surge After U.S. Court Upholds Stay on WeChat Ban

Appeals court backs judge’s finding that Trump administration ban would probably violate free-speech rights of users

10 27, 2020 03:54 AM

Two Chinese Short-Video Giants Consider Hong Kong IPOs

ByteDance weighs listing for Douyin as Tencent hopes to generate $5 billion from selling shares of Kuaishou amid surging demand for both apps

10 20, 2020 20:10 PM

TikTok Downloads Surge After Pakistan Lifts 10-Day Blackout

Short-video app agrees to comply with social norms and laws, block obscene and immoral content

10 20, 2020 09:20 AM

CX Daily: China's Economy Grows 4.9% in Third Quarter

Alibaba takes over China’s leading hypermarket operator. A bitcoin exchange halts withdrawals after its founder was reportedly under investigation

10 19, 2020 20:30 PM

TikTok Executive Rebuts U.S. Accusations That App Shares Info

Popular app does not share infrastructure with its parent ByteDance and does not share user data with Douyin, Chief Information Security Officer Roland Cloutier says

10 19, 2020 20:03 PM

Targeting Overseas Violations, China Passes Law Unifying Export Controls

Senior lawmakers suggest expanding export controls to cover 5G and quantum communication gear

10 14, 2020 05:31 AM

Chinese Mobile Phone Users Watch Nearly 2 Hours of Short Videos a Day

Pandemic pushes more entertainment consumption online for 818 million users of ByteDance’s Douyin, Tencent’s Kuaishou and rival apps, industry study finds

10 12, 2020 18:57 PM

Caixin China Biz Roundup: Pakistan Bans TikTok

In today’s episode: Pakistani authorities crack down on the ByteDance app, citing concerns over ‘immoral and indecent’ content; the onshore yuan has staged its biggest single-day rally in 13 years amid growing optimism of a Democratic victory in the U.S. presidential elections; and sales at the duty free stores in Hainan exceed 1 billion yuan over China’s National Day holiday

10 10, 2020 06:11 AM

Pakistan Bans TikTok over ‘Immoral and Indecent’ Content

Government agency cites complaints and leaves the door open to revisiting the decision as ByteDance unit still faces ban by Trump administration after India blocked the app

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