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TikTok, WeChat to be banned in US in 45 days unless sold by parent companies, president Trump issues executive order
•The twin executive orders that will take effect in 45 days, cited national security concerns.
TikTok influencers are now collaborating US beauty brand for holiday campaigns
•TikTok’s sponsored 'hashtag challenges' are one of the main ways for companies to advertise on the app.
ByteDance clarifies it has no intention to sell its video-streaming platform TikTok
•The US Committee on Foreign Investment is looking into ByteDance’s $1 billion purchase of Musical.ly app.
US Army to examine TikTok after a lawmaker raises security concerns over app's handling of user data
•The US army was asked to investigate the possible risks in the military’s use of TikTok for recruiting American teenagers.
US senator asks military to assess risks of using TikTok as recruitment tool
•CFIUS has already launched a national security review of TikTok owner ByteDance Technology Co's acquisition of Musical.ly.
TikTok owner ByteDance fetches an unexpected revenue of over 7 million in the H1
•Globally ByteDance’s apps have 1.5 billion monthly active users and 700 million daily active users.
TikTok parent company Bytedance will not launch its smartphone in the US
Tech2 News Staff •The ByteDance smartphone will apparently focus on Smartisan's existing customer base in China.
TikTok parent company Bytedance confirms that it is developing its own smartphone
•The news of a smartphone being developed comes in following a deal ByteDance made with device maker Smartisan Technology.
TikTok ban in India: DoT and MeitY can do little about existing users of the app
Tech2 News Staff •While fresh downloads of TikTok apps are currently blocked, existing users can all use the app.
TikTok's parent company ByteDance plans to invest $1 bn in India over next 3 years
•The company says it would also increase the number of employees in India to 1,000 people by the year-end.