Zhang Yiming’s Cool River Venture, incorporated on Monday, will invest mostly in technology-related industries, according to sources.

TikTok says it is ‘on track’ to have all US user data hosted and overseen by Oracle, as the Chinese tech giant struggles to win over critics worried about the national security implications of its hit video app.

Chew Shou Zi said his firm will win a legal challenge against the ban and said Beijing ‘never asked us for US users’ data, we will not provide even if asked’.

Federal complaint seeks to overturn bill signed by Governor Ron DeSantis prohibiting such purchases by citizens from China and other countries.

The company, owned by ByteDance in China, argues the ban violates its First Amendment rights and those of its users.

The content creators argue the state is trying to exercise powers over national security that it does not have, and is violating their First Amendment rights.

Montana’s TikTok ban sets up a legal and logistical test for broader efforts to restrict access to the wildly popular video-sharing app in the United States.

Signed by Republican governor, new law would take effect in January and impose a US$10,000 fine on any entity permitting the app’s downloading.

Douyin, the Chinese version of TikTok that is aggressively expanding into the e-commerce market, said its gross merchandise volume on the platform grew 80 per cent last year.

ByteDance says it will ‘vigorously oppose’ the claims of its former US head of engineering, who alleges in a lawsuit that he was wrongfully fired after discovering content theft.

Roger Yu Yintao claims ByteDance fired him for reporting concerns about a ‘worldwide scheme’ to steal content and fabricate user engagement metrics.

The annual ceremony’s cancellation appears to reflect Alibaba’s current focus on a sweeping reorganisation of its US$257 billion tech empire.

Meta Platforms is testing a new payout model with its short-form videos known as Reels in a bid to boost the appeal of its content and lure users from rival TikTok.

ByteDance-owned Douyin said creators on the platform must be held responsible for the consequences of posting content made via generative AI.

Citing a threat from China, the governor moved to curb real estate purchases by Chinese nationals and ban Chinese apps from school and government servers.

Even with over a third of the world’s population checking it monthly, Facebook remains in a battle for relevancy today, after two decades of existence.

ByteDance’s decision to sell its real estate business underscores the tech unicorn’s continued reorganisation efforts.

Travel TikTokker Fiona Wang defended the video, which was viewed more than 6.7 million times before being taken down, as a ‘very real and raw moment’.

The 32-year-old travel influencer said this was not her first taste of pork, having first tried it when she was 24 in Sri Lanka.

The entrepreneur is adding nearly US$29 million to a charitable education fund in his hometown, his first bout of publicity since 2021.

Available in India, Indonesia and Brazil, the Spotify-like Resso will continue only as a paid-for service from May 11.

One of TikTok’s senior-most officials in charge of ensuring user safety is leaving the company amid increasing pressure for the US government to ban the popular video-sharing app.

Commerce Secretary Gina Raimondo said her department is ‘hiring dozens of people’ to ‘look for any companies that may pose undue security risk to our data’.

Brooke Lim rose to fame as an influencer known for teaching people how to write essays. This week, that all came crashing down around her when she confessed to plagiarising a part of her own essay.

Meta’s head of global affairs invoked anti-China rhetoric that has become routine in efforts to ban TikTok, which is facing a national security review.

Underpainting – contouring and highlighting under your foundation – and cloud skin, a ‘no make-up’ make-up look, are some of the rising TikTok beauty trends you can look forward to trying this summer.

Lyst has just unveiled its hottest product of the year: Uniqlo’s viral and very handy US$20 shoulder bag, signifying a new wave of affordable ‘quiet luxury’ items going mainstream

According to PLA researchers, TikTok joins Facebook, Google and Twitter in providing platform for propaganda campaign to turn public opinion against Moscow amid Ukraine war, while others say the company is not doing enough to counter Russian influence.