House Representatives propose the Protecting Americans From Foreign Adversary Controlled Applications Act to force ByteDance, the Chinese parent company of TikTok, to divest the app within five months or get banned.
Sarah Hanson-Young's proposal to include TikTok, Apple News, and Instagram came from the growing preference of Australian citizens to consume news through the said apps.
Universal Music Group (UMG) announced Wednesday that it would reduce its workforce and streamline operations to save €250 million ($27 million) by 2026.
Musicians want laws to protect their work, but platforms like TikTok make it difficult.
A Senate Judiciary Committee hearing on Wednesday about the failures of big tech companies to protect kids from sexual exploitation online saw an awkward moment between Senator Tom Cotton and TikTok CEO Shou Zi Chew.
Peloton has recently announced a collaboration with TikTok, creating a new fitness hub named "#TikTokFitness Powered by Peloton."
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