TikTok - TechWire

TikTok

2025.06.18

15:46

Trump said he would continue to extend the deadline for selling TikTok, and the Ministry of Foreign Affairs responded

On June 18, Foreign Ministry Spokesperson Guo Jiakun hosted a regular press conference. AFP reporter asked, the White House said yesterday that Trump will continue to extend the deadline for the sale of TikTok this week. What is China's comment on this? What is your comment on the possibility of reaching an agreement on TikTok? Guo Jiakun responded that China has repeatedly stated its principled position on issues related to TikTok and will continue to handle relevant issues in accordance with Chinese laws and regulations.

2025.06.12

08:57

Meta challenges EU regulatory fees on tech giants

Meta Platforms has filed a lawsuit with Europe's second highest court, challenging the EU's regulatory fees on tech giants, criticizing their calculation methods as opaque, excessive and unfair. According to the Digital Services Act (DSA), which will come into effect in 2022, 18 large online platforms, including Meta and TikTok, must pay a regulatory fee equivalent to 0.05% of their annual global net income to cover the EU Commission's regulatory costs for enforcing the law. The fee is calculated based on each company's monthly active users and its profit and loss in the previous fiscal year. The EU's second highest court is expected to make a ruling next year.

2025.06.10

09:10

TikTok's investment in the UK will be expanded to 1.3 billion yuan, with plans to create more than 500 new jobs

On June 9, local time, TikTok announced that it would expand its investment in the UK, including setting up a new office in London, expanding its business and creating new jobs. A statement released by the company said that TikTok's UK employee headcount will increase to 3,000 this year, with more than 500 new jobs. It is investing in a new office in London's Barbican, which will cover an area larger than the UK headquarters that opened in 2022 and is expected to open early next year. TikTok said this will bring its investment in UK infrastructure to approximately 140 million pounds (about 1.362 billion yuan).

2025.06.03

11:48

Data from network status monitoring website DownDetector showed that user reports showed that TikTok had problems, affecting more than 40,000 US users.

2025.05.29

00:52

Trump: I think we can "save" TikTok.

2025.05.16

08:22

The EU said TikTok may have violated the advertising regulations of the Digital Services Act, and TikTok responded

According to the official account of the "European Union Chinese Chamber of Commerce", the European Commission officially announced on May 15 that TikTok has failed to fulfill the relevant obligations stipulated in the Digital Services Act (DSA) in terms of the setting up and disclosure of information in the advertising library, especially in terms of advertising transparency. "There are major deficiencies." The European Commission emphasized that this determination is intended to formally notify TikTok of its current compliance issues and has not yet constituted a final conclusion. If TikTok is finally confirmed to have violated the regulations, the European Commission may make a formal ruling and impose a fine of up to 6% of its global annual turnover. In response, TikTok responded that it is verifying the findings of the European Commission and remains committed to fulfilling its obligations under the Digital Services Act. The company said in a statement that while supporting regulatory goals and continuing to improve our advertising transparency tools, we disagree with some of the European Commission's interpretations and pointed out that the relevant guidelines are preliminary findings rather than clear public guidelines.

2025.05.07

08:16

TikTok announces new data center project in Finland with 1 billion euro investment

TikTok announced a new data center project in Finland on May 6, local time, taking an important step in the field of data security in Europe. With an investment of 1 billion euros, local developer HyperCo Oy will build a new data center in Kuovola, Finland. TikTok said the new data center is a core part of the "Four Leaf Clover Project", which plans to invest 12 billion euros to provide data protection for 175 million European citizens.

2025.05.02

14:56

TikTok's profits in Australia to triple by 2024

TikTok's profits in Australia will triple and its revenue will double in 2024. Data shows that as of December 31, 2024, TikTok's annual revenue in Australia will reach 679 million Australian dollars (about 3.15 billion yuan), higher than the previous year's 375 million Australian dollars; the profit is 31.2 million Australian dollars, almost three times the 11.4 million Australian dollars in 2023.

2025.04.19

08:07

Chinese e-commerce platforms spark download boom in the US

On April 18, local time, the New York Post reported that driven by the Trump administration's tariffs on Chinese imports and the TikTok short video craze, Chinese e-commerce platforms DHgate and Taobao quickly became popular among American consumers, both entering the top five free downloads on the Apple App Store. The report pointed out that TikTok has become an important driving force behind this trend.

2025.04.16

22:40

Chinese cross-border e-commerce platforms are booming in the U.S., with downloads of Dunhuang.com soaring by 940%

Due to the abuse of tariffs by the United States, many Chinese suppliers and manufacturers have produced videos and put them on the short video social media platform TikTok to tell consumers about how China cooperates with world-renowned brands, and explain that many people think that the products made in Europe are actually made in China, and that they can directly purchase "good products from the source" through Chinese cross-border e-commerce platforms. Many videos also directly provide website links and contact information to guide viewers to place orders directly with these suppliers. As a result, these videos have greatly increased the popularity of the Chinese cross-border e-commerce platform Dunhuang.com. Data shows that in the Apple iOS App Store, Dunhuang.com was downloaded 65,100 times in the United States on April 13, an increase of 940%. In addition to Dunhuang.com, Chinese cross-border e-commerce platforms such as Pinduoduo Cross-border Platform and AliExpress have also attracted the attention of American consumers.

2025.04.09

18:02

The Ministry of Commerce spokesperson answered questions from reporters regarding the US's extension of the TikTok executive order

China has noted the relevant situation. China reiterates that the Chinese government has always respected and protected the legitimate rights and interests of enterprises, created a market-oriented, rule-of-law, and internationalized first-class business environment, and opposed practices that ignore the laws of the market economy, plunder, and damage the legitimate rights and interests of enterprises. China respects equal, voluntary, and fair business practices among enterprises. Specific business arrangements must comply with Chinese laws, including the export of technology, which must be approved by the Chinese government in accordance with the law.

2025.04.07

15:53

Ministry of Foreign Affairs responds to issues related to TikTok

On the afternoon of April 7, the Ministry of Foreign Affairs held a regular press conference, and a reporter asked questions about TikTok. Foreign Ministry Spokesperson Lin Jian: Regarding issues related to TikTok, China has previously stated its principled position many times. China will handle relevant issues in accordance with Chinese laws and regulations, and the United States should provide an open, fair, just and non-discriminatory business environment for Chinese companies operating in the United States.

2025.04.06

14:41

Holiday News Review: my country imposes 34% tariff on all imported goods originating from the United States

Important news that affected the market during the Qingming Festival include: the Chinese government issued its position on opposing the US's abuse of tariffs; the State Council Tariff Commission: a 34% tariff will be imposed on all imported goods originating in the United States; the Ministry of Commerce added 16 US entities to the export control list; Trump spoke with representatives of Vietnam, India and Israel on tariff negotiations; U.S. non-farm payrolls increased by 228,000 in March, significantly higher than expected; Trump once again urged a rate cut, and the Federal Reserve Chairman said: It's too early; Trump announced that he would give TikTok another 75-day grace period for the ban, ByteDance's latest statement; the three major U.S. stock indices closed down sharply on the 4th, and the Nasdaq entered a bear market.

2025.04.05

14:33

Buffett supports Trump's tariff plan? Response: Fake

On the 4th local time, US President Trump reposted a video originally posted on TikTok and then moved to the social media X through the social media "Real Social". The video, in the form of "slide + dubbing commentary", claimed that the famous American investor and "stock god" Warren Buffett supports the Trump administration's tariff plan. In the video, the voice-over playing the Buffett clip said: "Trump caused the stock market to plummet by 20% this month, but he did it on purpose. That's why Warren Buffett just said that Trump is introducing the best economic measures he has seen in more than 50 years." After Trump reposted the video, Buffett's Berkshire Hathaway quickly denied the claim. The company said in a statement: "There are currently reports circulating on social media (including X, Facebook and TikTok) about Warren Buffett's remarks, all of which are false." The US Consumer News and Business Channel (CNBC) verified this statement with Buffett on the 4th. Buffett said he wanted to combat false information in an era when false rumors can spread immediately. Buffett told CNBC he would not make any comments on the market, the economy or tariffs between now and Berkshire Hathaway’s annual meeting on May 3.

02:42

ByteDance spokesperson: We have discussed possible solutions for TikTok in the United States with the US government, but no agreement has been reached yet.

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