The House on Saturday voted to ban TikTok — and even some Americans who make bank on the Chinese-owned app believe its end can’t come soon enough, saying it’s become a cesspool of hate and misinformation. Comedian and actor Zach Sage Fox, who earns his living in part by posting clips of his standup to … Read more
The House of Representatives has overwhelmingly passed a bill that will ban TikTok in the United States unless its Chinese owner divests from the company — making final passage into law “inevitable,” insiders say. The ban was tied to the vote on a $95 billion foreign aid package for Ukraine, Israel and Taiwan, and has … Read more
ByteDance’s profit surged roughly 60 per cent in 2023, outpacing the growth of online peers Tencent Holdings and Alibaba Group Holding, in a sign of the TikTok owner’s resilience in the face of an economic downturn. Earnings before interest, tax, depreciation and amortisation jumped to more than US$40 billion from about US$25 billion in 2022, … Read more
New York City’s public Wi-Fi network has nixed a controversial deal with Chinese-owned TikTok to bring the service to “every street corner” after a Post inquiry and as congressional scrutiny over the app rages. The planned partnership between the tech firm Intersection and LinkNYC was designed to allow TikTok’s “Out of Phone” service — which … Read more
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What Rachel Reeves is not telling us should alarm voters, says ALEX BRUMMER