Trump to revive TikTok, but wants 50 per cent US ownership
REUTERS: President-elect Donald Trump said he would revive TikTok access in the US by executive order after he is sworn in on Monday, but said he wants the popular social media app to be at least half owned by US investors. TikTok stopped working for its 170 million American users
Is China selling TikTok to Elon Musk?
There were several reports that the Chinese government might sell TikTok to Elon Musk, the owner of X. However, the app has now addressed the matter.
Instagram to make up more than half of Meta’s US ad revenue in 2025, report shows
WEB DESK: Instagram is set to account for more than half of Meta Platforms’ advertising revenue in the United States next year, as the social media platform improves monetisation of its products, according to research firm Emarketer. Instagram’s Reels competes with ByteDance’s TikTok and YouTube Shorts, as users find short-form
US appeals court upholds TikTok law forcing its sale
REUTERS: A US federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban. The decision is a win for the Justice Department and opponents of the Chinese-owned app and
Adobe launches AI model for text-to-video generation
Adobe on Monday announced the public rollout of its innovative AI model capable of generating video content from text prompts, positioning itself within the burgeoning landscape of generative artificial intelligence aimed at revolutionising film and television production. The newly launched Firefly Video Model will compete with existing technologies such as
TikTok takes on YouTube with hour-long video feature
WEB DESK: TikTok has announced a significant leap forward in its capabilities as the tech race intensifies. ByteDance-owned TikTok is targeting Google’s popular video application YouTube by offering users the ability to upload hour-long videos, according to information shared with TechCrunch. Earlier this year, TikTok expanded its video length, allowing
US Senate passes bill threatening TikTok ban unless ByteDance sells stake
Notably, the Senate's approval of the TikTok ban bill was part of a larger $95 billion foreign aid package to Ukraine, Israel, and Taiwan.