Bytedance, TikTok's Chinese parent, has delayed the roll-out of its shopping platform in the United States, according to a report by the Wall Street Journal on Wednesday , citing sources familiar with the matter.
The app is facing growing pressure in Washington including calls for ban by many in Congress who fear its US user data could fall into the hands of the Chinese government. The delay from early spring to June at the earliest comes as concerns over the short-form video platform's future mayTikTok had in March said it had 150 million monthly active users in the United States, up from 100 million in 2020. It did not immediately respond to a Reuters request for comment.
Last week, the video platform said it was launching a product that will let advertisers place ads alongside content made by premium publishers, who will share half of the ad revenue.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese authorities probe consulting firm Capvision - Chinese state mediaHONG KONG : Chinese authorities have carried out a probe into consulting firm Capvision, state media CCTV reported on Monday. The disclosure was in a program by CCTV, which said that investigations by Chinese national security authorities had found that overseas institutions have used domestic consulting
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tencent, ByteDance gut Metaverse units in virtual reality checkJust months ago, China’s big tech firms were talking up the potential of their shiny new “metaverse” units, which were set to cash in on an online revolution. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
New York Times to get around $100 million from Google over three years - WSJThe New York Times is getting around $100 million from Google over three years as part of a broad deal that allows the Alphabet Inc unit to feature Times content on some of its platforms, the Wall Street Journal reported on Monday.The deal includes the Times' participation in Google News Showcase, a produ
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Rockwell Automation faces US government probe over China ops - WSJThe U.S. government is investigating whether Rockwell Automation Inc is exposing U.S. infrastructure, military and other government assets to potential cyber attacks through one of its China-based facilities, the Wall Street Journal reported. The investigation will focus on employees who might have acc
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Chinese militia boats cross Indian, Asean warships exercising in South China SeaIndian authorities were tracking the movements of at least five militia boats, said sources. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
EU takes aim at Chinese firms, third country exports to tighten Russia sanctions: SourcesBRUSSELS: The European Union's executive has proposed blacklisting several Chinese companies and curbing exports to nations seen as involved in bypassing Russian trade restrictions under the latest set of sanctions against Moscow for the war against Ukraine. The 27 EU member countries - which must all agre
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »