
Why TikTok users are turning to Rednote ahead of imminent U.S. ban
In response to the TikTok ban, many users are flocking to Rednote, the popular Chinese app also known as Xiaohongshu—what’s driving the trend?
In response to the TikTok ban, many users are flocking to Rednote, the popular Chinese app also known as Xiaohongshu—what’s driving the trend?
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.
Reports about Chinese officials eyeing Musk as the buyer of TikTok’s U.S. operations are “not a total shock” given Musk’s relationship with Trump, says Wedbush analyst Dan Ives.
McCourt sold the Los Angeles Dodgers for a hefty sum in 2012. Here’s how he’s been building his business and media empire since, and setting up a consortium to purchase TikTok.
Oracle stock slumped as TikTok’s U.S. data host was affected by the prospect of a ban of the social media app, slicing $10 billion from Larry Ellison’s net worth.
The tech giants all have large cloud contracts with TikTok — and they’ll have to end service on them by January 19 unless a court intervenes.
Trump joined TikTok earlier this year and vowed he would never ban the app, which is challenging a ban implemented by the Biden administration.
Terryon Thomas has more than 4 million followers on TikTok, where he goes by the name Mr. Prada.
Sooner or later, the Supreme Court will be asked to weigh in.
TikTok Shop has gained even more traction since the president signed a law that may ban the app. If it goes away, Chinese e-commerce giants Temu and Shein could win big.