🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
TikTok and its 'secret sauce' caught in US-China tussle
Economic Times
·
1y ago
Medial
As the US continues its campaign to force TikTok to sever ties with its Chinese parent company, Beijing has made it clear that it will not allow the forced sale of the app and its algorithm. Analysts suggest that China fears setting a precedent where a Chinese company is compelled to sell its most valuable assets. The algorithm, seen as the "secret sauce" behind TikTok's success, has been a focal point in discussions surrounding a potential sale. Beijing considers the threat of a forced sale to be akin to "daylight robbery" and vows to protect its interests.
View Source
Related News
US Supreme Court to hear TikTok ban case
Economic Times
·
7m ago
Medial
The US Supreme Court is set to hear TikTok’s appeal against a US law requiring its Chinese owner, ByteDance, to sell the app or face a ban. The law, signed by President Biden, alleges TikTok enables Beijing's data collection, which both China and ByteDance deny. TikTok argues the law violates its First Amendment rights. The potential ban may affect US-China relations, especially as President-elect Trump emerges as an unexpected ally of TikTok.
View Source
Elon Musk complains about China’s ban on X
Arstechnica
·
6m ago
Medial
Elon Musk criticized China's ban on X, highlighting an imbalance in US-China tech relations, especially as TikTok faces a US ban. While opposing TikTok bans on free speech grounds, Musk pointed out the asymmetry where TikTok is allowed in the US, but X is not allowed in China. Chinese officials stated foreign companies are welcome if compliant with local laws. Musk’s remarks underscore potential conflicts between his business ties in China and his advisory role in the incoming US administration.
View Source
Trump Signals Willingness to Delay TikTok Ban Deadline Amid US-China Tariff Dispute
OutlookIndia
·
2m ago
Medial
US President Donald Trump is considering extending the deadline for ByteDance to divest TikTok’s US assets, amid US-China tariff disputes. Trump postponed a TikTok ban twice, valuing its connection with young voters, and expressed interest in protecting the app. A potential US-based deal is hindered by China's non-approval, relating to reciprocal tariffs. TikTok denies allegations of security threats or manipulation, asserting its independence from any governmental influence, including China.
View Source
Why India is so far behind in the tussle for AI supremacy
Livemint
·
1m ago
Medial
India faces significant challenges in achieving AI innovation and research parity with the US and China. Despite a surge in AI-focused startups, the country lags in patents and groundbreaking research, with only 5% of the patents filed by China. This shortfall is attributed to limited foundational engineering, research, and development (ER&D) investment. Consequently, India’s AI endeavors are often secondary innovations, lacking the global economic influence of primary, patentable technologies.
View Source
TikTok ban fallout: Marvel Snap goes offline amid ByteDance controversy | Mint
Livemint
·
6m ago
Medial
Marvel Snap, a beloved digital card game, is unexpectedly caught in the US ban on ByteDance-owned apps, including TikTok. Despite ByteDance previously divesting from its gaming subsidiary, it remains linked to Marvel Snap as its publisher. Players are met with notifications that the game is currently unavailable in the US due to a new law. The situation leaves fans puzzled and concerned about their financial investments in the game, highlighting wider repercussions of the ban.
View Source
Trump ex-Treasury chief seeks TikTok buyout bid as China seethes
Economic Times
·
1y ago
Medial
Former US Treasury Secretary, Steve Mnuchin, has announced plans to lead a buyout bid for TikTok once a bill forcing the sale of the Chinese-owned social media app passes. The US House of Representatives has already approved the bill, which would require TikTok to divest from its parent company or face a nationwide ban. Mnuchin stated that TikTok should be owned by US businesses, as he believes the Chinese government would not allow a similar scenario in China. Beijing, however, criticized the bill and vowed to protect its rights and interests.
View Source
"Something needs to change": Elon Musk questions X's ban in China after TikTok ban reversal
Economic Times
·
6m ago
Medial
Tesla CEO Elon Musk praised President-elect Trump’s decision not to ban TikTok, citing freedom of speech. He noted the imbalance that TikTok operates in the US while X is banned in China, calling for change. Despite a potential benefit to X, Musk opposed TikTok's US ban. Trump agreed to approve TikTok if the US owns 50% to save American jobs. The Chinese app thanked Trump for restoring US access, attributing positive outcomes to the "Trump Effect."
View Source
AppLovin bids for TikTok in all markets outside of China
Economic Times
·
4m ago
Medial
AppLovin has submitted a bid for TikTok assets outside China before the April 5 deadline set by the US for a non-Chinese buyer. With interest in TikTok's US operations increasing, several companies, including Amazon and a consortium led by OnlyFans' founder, have shown interest. While AppLovin aims to expand its global advertising reach, regulatory and geopolitical challenges remain. TikTok's ties to China have raised US security concerns, impacting the ongoing sale discussions.
View Source
US lawmakers tell Apple, Google to be ready to remove TikTok from app stores on January 19
Economic Times
·
7m ago
Medial
The chair and top Democrat of a US House committee on China have demanded that Google-parent Alphabet and Apple prepare to remove TikTok from their US app stores by January 19th. This comes after a federal appeals court upheld a law requiring TikTok's Chinese owner, ByteDance, to sell its US operations or face a ban. Representative John Moolenaar and representative Raja Krishnamoorthi have separately urged TikTok CEO Shou Zi Chew to divest the short video app, citing national security concerns. They called for TikTok to execute a qualified divestiture immediately.
View Source
House passes bill that could ban TikTok
The Verge
·
1y ago
Medial
The US House has voted in favor of a measure that could lead to the ban of TikTok unless the popular video-sharing app separates from its Chinese parent company, ByteDance. The bill would penalize app stores and web hosting services that still host TikTok. Although the legislation still needs to clear the Senate, President Joe Biden has already expressed his support. The move comes amid concerns that Chinese law could force ByteDance to hand over information on US users, posing a national security risk. TikTok has denied storing US user information in China and has been working on data protection measures.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/cdn.vox-cdn.com/uploads/chorus_asset/file/25332833/STK051_TIKTOKBAN_CVirginia_A.jpg)
