Tiktok owner Bytedance said Sunday it will “strictly comply with” a Chinese technology export regulation, which was updated last week to ban the export of limited technologies, potentially including those used by the popular video-sharing app.Why it matters: The development adds a new...

Chief executive officer of Bytedance’s video-sharing app Tiktok, Kevin Mayer, said Wednesday that he was resigning, following an executive order from US President Donald Trump requiring the company to sell its US operations.Details: Mayer said in a note to employees that he had decided to...

Kevin Mayer, the chief executive of TikTok, announced on Wednesday that he is resigning, just over 100 days after the former Disney executive joined the world’s largest short video app in mid-May. The news came just days came on the heel of TikTok’s move to sue the U.S. government over its...

UPDATE (Aug. 25): Bytedance filed a lawsuit early Monday challenging an Aug. 6 executive order forbidden transactions with popular social media app Tiktok. We’re updating the story with new details of the legal argument from the complaint. Bytedance argues that the executive order was issued...

As expected, TikTok has filed a lawsuit against the US government to challenge a proposed ban against the service. Specifically, TikTok says the executive order signed by President Trump on August 6th is “without any evidence to justify such an...

Tiktok parent Bytedance said Sunday said it would file a lawsuit as early as Monday against the US government over an executive order banning transactions with the popular Chinese-owned video-sharing app.Why it matters: The lawsuit does not address forcing the sale of Tiktok to an American...

TikTok’s paths to staying alive in the US apparently include taking the government to court. In the wake of a Reuters report, TikTok has confirmed to CNBC that it plans to sue the Trump administration over an executive order banning transactions...

In less than three months and notwithstanding intervention, TikTok will be effectively banned in the U.S. unless an American company steps in to save it, after the Trump administration declared by executive order this week that the Chinese-built video sharing app is a threat to national...

Donald Trump issued an executive order Friday evening that would require the Chinese owner of TikTok to sell off the its business in the United States in the next 90 days. The order cites national security concerns, and would undo the ByteDance’s...

Troubles for Tiktok in the US could be bigger than anticipated: a White House document Reuters saw indicated that the August 6 executive order could prohibit US-based app stores including Apple and Google from listing the app altogether, while a French data regulator confirmed on Tuesday an open...

Today, TikTok requires no introduction. Together with parent company, ByteDance, the pair are among the hottest keywords on the web and in the papers. Following an executive order issued last week by President Trump banning transactions with ByteDance and its subsidiaries, namely TikTok, the...

Everyone’s talking about Tiktok, the hot short video app that has been thrust into the global spotlight on the back of an emerging US-China cold war. But outside China, few people know about Bytedance, the elusive tech unicorn behind one of the world’s biggest social media smash hits.The...

Amid escalations in the tech war, Bytedance has applied for five financial licenses in Hong Kong through its local subsidiary.Why it matters: If approved, the licenses would allow Bytedance to sell securities and futures, trade foreign currency, as well as offer advisory and asset management...

US President Donald Trump’s executive orders banning transactions between US citizens and Chinese entities Wechat and Bytedance are about to be challenged in court, with short video platform Tiktok planning to file a federal lawsuit as early as Tuesday while a group of Chinese American lawyers...