TikTok wants to be ‘most transparent and accountable’ social platform, VP says

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TikTok is in the midst of a transparency push.


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Over the course of 2020, TikTok’s future has sometimes seemed to be on a knife edge. The Trump administration tried (and failed) to ban the platform, citing concern over data security for TikTok’s US users. And the administration is now forcing Chinese parent company Bytedance to sell the short-form video app’s US operations.

But TikTok’s VP of global business solutions, Blake Chandlee, appears to not be feeling the stress of the saga. Speaking at the Web Summit virtual tech conference, he seemed calm about working toward a solution. 

“We’re having daily conversations with the administration around the security of that data and making sure people feel comfortable with it, so we’ll continue to do that,” he said. “The one thing you’re

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TikTok Star Charli D’Amelio Invests In Mobile Banking Service For Teens

KEY POINTS

  • Charli D’Amelio has invested in a mobile banking service called Step that is aimed at teens aged 13 to 19
  • She joins Justin Timberlake, the Chainsmokers, Kelvin Beachum, Eli Manning and more
  • Step has welcomed over 500,000 users only two months after its official launch

TikTok’s most popular user Charli D’Amelio has invested in Step, a mobile banking service aimed specifically at teens.

Step announced Wednesday that it has raised over $50 million in Series B funding, TechCrunch reported. D’Amelio, 16, is excited about her first startup investment and is optimistic about the future of the company.

“As a Step partner and customer, I’ve been able to see firsthand how easy Step makes it to manage your money while providing the educational resources that today’s teens need but have largely been unable to find—myself included,” the TikTok star said in a statement.

“I’m excited to be able to

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Malala Yousafzai joins TikTok | Daily Mail Online

Malala Yousafzai is on TikTok: Nobel Peace Prize winner joins social networking site with video saying her favourite things are ‘shoes, comedy and reading books’

  • Nobel Peace Prize winner Malala Yousafzai has joined Tik Tok social media craze
  • The 23-year-old recently graduated from Oxford University with a degree in PPE
  • Malala is using the popular app to appeal for donations to her charitable fund

Nobel Peace Prize winner Malala Yousafzai has delighted fans after joining the TikTok revolution.  

The 23-year-old, who graduated from Oxford University with a degree in philosophy, politics and economics (PPE) earlier this year, is using the app to appeal for donations to her charitable fund.

Malala hit headlines around the world in 2012 when she survived being shot in the head by a Taliban gunman at the age

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ByteDance gets another extension from US government for TikTok sale

The Trump administration has once again extended the deadline for ByteDance to sell video sharing platform TikTok’s business in the US, Reuters reported. The Committee on Foreign Investment in the United States (CFIUS) has given China-based ByteDance until December 4th to either sell or spin out its US business, according to a court filing. CFIUS reportedly granted the extension “to allow time to review a revised submission” that it recently received.

President Trump said in August that TikTok and its parent company were a national security risk to the US, and issued the initial order requiring TikTok to sell its US business. Trump’s order would have blocked all US transactions with ByteDance.

In September, the US Commerce Department issued an order to block downloads of TikTok in the US. The president then said he had approved “in concept” a deal with Oracle and Walmart that called for creating a new

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TikTok exec explains key takeaways for brands to succeed on the app

  • TikTok’s fashion and beauty partnerships lead, CeCe Vu, holds “growth strategy sessions” with brands to advise them how be successful on the platform.
  • Her big message: trust creators.
  • Business Insider spoke with Vu about her 6 key takeaways for brands, from co-creating with influencers through features like duets to leaning into the comments.
  • “My role is to help [brands] realize what they can actually do,” she said.
  • Subscribe to Business Insider’s influencer newsletter: Insider Influencers.

TikTok’s fashion and beauty partnerships lead, CeCe Vu, has one major message for brands: trust creators. 

For TikTok and its creators, 2020 has been a roller coaster of growth and political uncertainty. And for brands, dipping their toes into marketing on TikTok has not been an easy transition.

While the app has spurred a rise of short-form video content across platforms (such as Instagram launching its TikTok copycat, Reels), brands still face challenges when it

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TikTok owner gets another week to sell its US business

TikTok’s deadline to finalize a US buyer has been extended for the second time in less than a month.



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The Trump administration on Wednesday gave the short-form video app’s Chinese owner, ByteDance, until December 4 to conclude a proposed takeover deal by Oracle and Walmart, according to a spokesperson for the Treasury department.

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“The Committee on Foreign Investment in the United States (CFIUS) has granted ByteDance a one-week extension…to allow time to review a revised submission that the Committee recently received,” the spokesperson said.

In an executive order this summer, Trump set November 12 as the hard deadline for ByteDance to divest TikTok, which has more than 100 million users in the United States. But as the deadline came and went, confusion reigned over what consequences might be in store for TikTok. Trump’s executive order did not say that TikTok would be banned if it missed

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U.S. grants ByteDance new seven-day extension of TikTok sale order: filing

WASHINGTON (Reuters) – The Trump administration on Wednesday granted ByteDance a new seven-day extension of an order directing the Chinese company to sell its TikTok short video-sharing app, according to a court filing.

The administration previously had granted ByteDance a 15-day extension of the order issued in August, which was set to expire Friday. President Donald Trump on Aug. 14 had directed ByteDance to divest the app within 90 days.

The new deadline is Dec. 4, TikTok said in the filing. Under pressure from the U.S. government, ByteDance has been in talks for months to finalize a deal with Walmart Inc and Oracle Corp to shift TikTok’s U.S. assets into a new entity.

TikTok declined to comment beyond the filing.

ByteDance has made a new proposal aimed at addressing the U.S. government’s concerns, said a person briefed on the matter who declined to detail that proposal.

A U.S. Treasury representative

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Snapchat has rolled out TikTok competitor “Spotlight”

  • Snapchat rolled out its new TikTok competitor “Spotlight” yesterday.
  • This is yet another step it’s taking to compete with the social media heavyweights for influencers, their fans, and the marketing dollars that follow.
  • Insider Intelligence analyzes this industry and several others to provide in-depth analyst reports, proprietary forecasts, customizable charts, and more. Learn more about what we offer.

Snapchat officially rolled out “Spotlight” yesterday, per TechCrunch. With the app’s latest update, users will find a video play button on the far right of the icons bar, which will lead to vertically scrollable video clips.

Snapchat users

Snapchat rolled out its TikTok competitor Spotlight to pull in more users.

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Snapchat has been beefing up in its efforts to pull more users to the platform by making it more public-facing, and Spotlight is a further step in that direction. This new feature will allow users to share videos to the public “For You”

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The Technology 202: Snap’s response to TikTok could create familiar political headaches

“Snapchatters are some of the most expressive and creative mobile storytellers in the world and Spotlight gives them an opportunity to share their creations broadly,” the company said in a news release yesterday. “With over 4 billion Snaps created each day, Spotlight empowers the Snapchat community to express themselves and reach a large audience in a new way.”

Snap intends to seed its new feature by essentially launching a virtual talent search; it will offer a daily pool of more than $1 million to be paid out to makers of the most popular submissions until at least the end of the year. That could give it a competitive edge over TikTok, which has surged in popularity during the pandemic, and Instagram, which also recently launched a similar in-app feature called Reels. 

Yet expanding the ability of user-generated content to go viral could open up Snap to familiar political headaches. 

So

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Snapchat Spotlight Is TikTok Except It’s on Snapchat

Illustration for article titled Snapchat Spotlight Is TikTok Except Its on Snapchat

Image: Martin Bureau (Getty Images)

In another universe, this year in tech might have been defined by TikTok’s survival of numerous assassination attempts. Just as the (first) TikTok ban came down, Instagram swooped in with Reels; today, Snapchat announced that it’s launching a TikTok copycat feature called Spotlight. It’s not the first TikTok ripoff and won’t be the last.

Spotlight is now available in the US, Canada, Australia, New Zealand, the UK, Ireland, Norway, Sweden, Denmark, Germany, and France. You can find it under a play button on the far right side of the bottom bar of the Snapchat camera screen. TikTok users will find very little distinction between their preferred interface this one: the swipe-up browsing, the track link in the corner, the graphic overlays, teens performing gravity-defying backflips. Look:

In order to get paid via Spotlight, creators have to submit a video which reaches

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