🚀 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 pledged to protect U.S. data. $1.5 Billion later, it’s still struggling.
Livemint
·
1y ago
Medial
TikTok has reportedly spent $1.5 billion to build a separate unit, called Project Texas, in an effort to convince U.S. lawmakers that the app is safe. The unit was created to oversee American data and ensure content recommendations were not influenced by China. However, insiders reveal that Project Texas employees sometimes share data outside the unit without going through official channels, raising concerns about the security of user data. TikTok executives continue to update the app's algorithm from China, making it difficult for Project Texas employees to keep track of changes. The company's handling of data has become a cause for concern among employees, who question TikTok's commitment to protecting American users.
View Source
Related News
Biden administration pursuing TikTok over data practices: report
Economic Times
·
1y ago
Medial
The U.S. Federal Trade Commission (FTC) is reportedly investigating TikTok for potential privacy and data security issues. The investigation may lead to legal action or a settlement in the coming weeks. This follows a bill passed in March by the U.S. House of Representatives, which requires ByteDance to sell the U.S. assets of TikTok within six months or face a ban. The FTC and the U.S. Justice Department have previously examined allegations that TikTok violated a 2019 agreement to protect children's privacy. TikTok has not yet commented on the investigation.
View Source
TikTok says it regrets Indonesia's decision to to ban ecommerce sales on social media platforms
Economic Times
·
1y ago
Medial
Indonesia has banned e-commerce transactions on social media platforms, including TikTok, to protect small businesses from predatory pricing and competition from imported products. TikTok Indonesia expressed regret over the ban and pledged to respect the regulations while finding a constructive way forward. The government aims to prevent the dominance of algorithms and the misuse of personal data for business interests. The regulation is not specific to TikTok Shop but applies to all social commerce platforms. This move comes as sellers reported significant profit losses due to the inability to compete with lower-priced imported products sold online.
View Source
Is TikTok back online in the U.S.? Several users report access to website version | Mint
Livemint
·
6m ago
Medial
A recent TikTok ban in the U.S. led to its app's shutdown due to national security concerns over data misuse by Chinese parent ByteDance, although users still accessed its website. The ban, part of escalating U.S.-China tensions, highlighted fears of Chinese data access, which TikTok denies. President-elect Donald Trump plans to extend the ban's deadline to explore a solution ensuring U.S. control, marking a policy shift from his previous attempts to ban the app outright.
View Source
House passes bill banning data brokers from selling personal data to foreign adversaries
The Verge
·
1y ago
Medial
The U.S. House of Representatives has passed a bill, known as the Protecting Americans' Data from Foreign Adversaries Act, that aims to prevent data brokers from selling Americans' personal information to foreign adversaries including China, Russia, North Korea, and Iran. The bill prohibits the sale of sensitive data such as health or location information to these countries, with the Federal Trade Commission able to impose penalties on violators. The legislation complements a separate bill that seeks to separate TikTok from its Chinese parent company, and aims to protect U.S. internet users and national security.
View Source
TikTok seeks to reassure US employees ahead of January 19 ban deadline
Economic Times
·
6m ago
Medial
TikTok plans to continue paying U.S. employees even if it faces a ban deadline on January 19 due to a law that may force its sale or ban in the U.S., according to an internal memo. The company assures that employees’ jobs, pay, and benefits are secure regardless of the situation. The U.S. Supreme Court seems inclined to uphold the law, but TikTok continues to plan for different scenarios to protect its 7,000 U.S. employees and users.
View Source
'Regulate them': hard-up Indonesia traders urge TikTok sales ban
Economic Times
·
1y ago
Medial
Indonesian market sellers are urging the government to regulate or even ban TikTok's e-commerce platform, TikTok Shop, as it is impacting their offline businesses. Many sellers in Tanah Abang, Southeast Asia's largest textile market, are struggling to compete with the low prices offered on TikTok Shop, leading to a significant drop in their revenues. The Indonesian government is considering new regulations to create a level playing field and protect local businesses. TikTok has defended its platform, stating that it supports millions of local businesses in Indonesia.
View Source
More than 50 US lawmakers, 21 states back US DOJ in TikTok lawsuit
Economic Times
·
1y ago
Medial
A group of 21 states and over 50 U.S. lawmakers are supporting the Justice Department in its defense of a law that requires TikTok's Chinese parent company, ByteDance, to sell its U.S. assets or face a ban. The lawmakers argue that TikTok poses a threat to national security and consumer privacy due to its ties to China. Meanwhile, TikTok and ByteDance, along with TikTok creators, have filed lawsuits to block the law. The fate of TikTok will be determined by the U.S. Court of Appeals for the District of Columbia in September. The law was passed with bipartisan support to protect national security concerns.
View Source
China denies accessing data after TikTok hit with huge EU fine
Economic Times
·
3m ago
Medial
China denied requiring companies to hand over data after TikTok was fined €530 million by the European Union for unlawful data transfers and insufficient protection from Chinese access. This is the EU’s second-largest fine. China insists it neither collects data illegally nor mandates companies to do so. TikTok, part of ByteDance, plans to appeal. The U.S. also pressures TikTok over data concerns, requiring ByteDance to divest U.S. control or face a ban.
View Source
Facebook, TikTok harden EU commitment to tackle disinformation but not X
Economic Times
·
5m ago
Medial
Digital platforms like Facebook and TikTok have pledged to combat disinformation under an EU code of conduct, aligning with the Digital Services Act's (DSA) requirements. However, Elon Musk’s platform X, previously Twitter, is not among the 42 platforms committed, after exiting the code in 2023. The DSA enforces content moderation across digital firms to protect users from manipulation. Although Meta is part of the code, tensions remain between big tech, EU regulations, and the new US administration.
View Source
US FTC could bring suit or reach settlement with TikTok over privacy probe
Economic Times
·
1y ago
Medial
The U.S. Federal Trade Commission (FTC) is nearing a decision on its investigation into TikTok, the Chinese-owned short video app, over privacy and data security concerns. According to sources, the FTC could either file a lawsuit or reach a settlement with TikTok in the coming weeks. The investigation is separate from ongoing concerns about the potential access of TikTok users' data by the Chinese government. In March, the U.S. House of Representatives passed a bill giving TikTok's parent company, ByteDance, six months to sell the app's U.S. assets or face a ban due to national security concerns.
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