Tech giants Facebook and Instagram owner Meta Platforms, Snapchat and TikTok have urged Australia to reconsider a decision to exempt Alphabet’s YouTube from its laws banning social media for children younger than 16. The landmark legislation setting some of the world’s most stringent limits on social media was approved by Australia’s parliament in November, forcing … Read more
Frank McCourt announced on Monday that Alexis Ohanian, the co-founder of Reddit and a venture capitalist, has joined his bid to acquire TikTok’s US operations as a strategic adviser specializing in social media. Ohanian was an internet pioneer who founded Reddit with his roommate from the University of Virginia. He sold it to Conde Nast … Read more
Washington: U.S. President Donald Trump said on Thursday that his 75-day delay in enforcing a ban on the popular short-video app TikTok could be extended, but said he doesn’t think that will be necessary. In remarks to reporters in the Oval Office, Trump said he still hopes to make a deal on TikTok to keep … Read more
Trump has said that he was in talks with multiple people over TikTok’s purchase. Washington: U.S. President Donald Trump signed an executive order on Monday ordering the U.S. Treasury and Commerce Departments to create a sovereign wealth fund and said it may purchase TikTok. TikTok, which has about 170 million American users, was briefly taken … Read more