tiktok

They say that when the US sneezes, Australia catches a cold. But when it comes to ByteDance-owned social media platform TikTok, Australia is blazing its own trail.

TikTok will not shut down if it finds an American buyer—and it came close the last time it faced a ban from the Trump administration.

Stanley’s annual revenue reportedly jumped tenfold over the last four years, largely thanks to the mega-viral TikTok craze.

TikTok’s Chinese parent company is recruiting across the U.S. for experts in science and healthcare disciplines far afield from social media. Its motives are unclear.

The videos, which praise a terrorist manifesto written by Osama Bin Laden justifying the 9/11 attacks on the U.S., amassed millions of views in just 12 hours.

TikTok will discontinue its US$1 billion (AU$1.6 billion) Creator Fund, which launched in 2020 in a bid to incentivise creators onto the platform, from the 16th of December.

Sydney will be the location for a new global engineering hub, TikTok disclosed to Forbes Australia. The new Australian AI-focused engineering team will work on TikTok products around the world and report the Los Angeles and Singapore headquarters of the company.

Attorney-General Mark Dreyfus has confirmed the Australian Government will ban TikTok on devices issued by Commonwealth departments and agencies.

Instagram Reels and some copycats raced to fill the void left by TikTok.

Amid TikTok’s explosion in popularity, other social media platforms are trying out their own versions of its signature features.