Trends - TikTok - Business Recorder

TikTok

SoftBank Vision Fund set for new portfolio champion with Coupang IPO

Analysts see Coupang's $50 billion valuation as feasible given its first-mover status and as it expands beyond replacing brick-and-mortar retail with a rising number of online channels.

Published 22 Feb, 2021 12:29pm

Technology

Global tech firms in Australia launch anti-disinformation code

Communications Minister Paul Fletcher warned the tech firms Monday that the government would be "watching carefully" to ensure they follow through on the measures.

Published 22 Feb, 2021 10:42am

Technology

TikTok strikes deal with UFC to live-stream content

The agreement includes weekly UFC livestreams that will feature behind-the-scenes footage and interactions with athletes, TikTok said in a blog post here.

Published 19 Feb, 2021 12:08pm

Technology

ByteDance explores sale of Indian TikTok assets to rival firm Glance: Bloomberg

Glance's parent, mobile advertising technology firm InMobi, also owns short-video app Roposo that has gained in popularity after TikTok was banned by the Indian government in July last year.
SoftBank is a backer of InMobi Pte as well as TikTok's Chinese parent, ByteDance, the report added.

Updated 13 Feb, 2021 07:15pm

Technology

Microsoft tried to buy Pinterest

Microsoft approached Pinterest in recent months in an attempt to acquire the $51 billion social media company.
Although, the talks are currently not active, if successful, this could have been Microsoft's biggest deal to date.

Published 11 Feb, 2021 05:15pm

Technology

US Justice Department asks court to put government's TikTok appeal on hold

Under former President Donald Trump, the US Commerce Department sought to ban Apple Inc and Alphabet Inc's Google app stores from offering TikTok.

Published 11 Feb, 2021 09:45am

World

Biden team shelves plan to force TikTok sale: report

The plan by Donald Trump was driven by concerns that TikTok and other Chinese online services posed security risks because of their ties to the Beijing government.

Published 10 Feb, 2021 07:58pm

Technology

As WhatsApp slides, Telegram becomes the most downloaded app globally

Recently, the mobile app rating company Sensor Tower released its latest report, according to which the mobile chat application Telegram has gone on to become the most downloaded non-gaming app in the world in the first month of 2021.

Published 08 Feb, 2021 04:14pm

Technology

TikTok introduces stringent rules for video-sharing

As per the Chinese app, TikTok app will now flag unverified videos in order to prevent the spread of false information on this platform.

Published 05 Feb, 2021 12:27pm

Technology

TikTok now warns users about videos spreading misinformation

TikTok is playing its part in reducing the spread of misinformation online by adding new warning labels to videos with with questionable information.

Published 04 Feb, 2021 04:16pm

Pakistan

Ban on Tiktok other apps: LHC seeks reply from federal govt

TikTok has claimed the lives of many youngsters, who while trying to shoot short videos for the app, had lost their lives, stated the petitioner.
These applications have become a source of promoting vulgar content and no action had been taken despite bringing the matter to the notice of the authorities concerned including the PTA.

Updated 29 Jan, 2021 03:45pm

World

China opposes discriminatory actions by India against Chinese firms

India decided to keep its ban on video app TikTok and 58 other Chinese apps after reviewing the companies' responses on issues such as compliance and privacy.

Published 28 Jan, 2021 01:30pm

Putin warns against tech giants becoming competitors to states

MOSCOW: Russian President Vladimir Putin on Wednesday warned against the increasing influence of large technology...

Published 28 Jan, 2021 04:40am

Technology

YouTube Shorts eyes TikTok competition with 3.5bn daily views in India

The new format is seen as a way for Google to compete with Gen Z-favorite TikTok, which currently has 700 million users worldwide.

Published 27 Jan, 2021 11:28am

World

India makes ban on TikTok and 58 other Chinese apps permanent

India's Ministry of Electronics and Information Technology has issued fresh notices to make permanent a ban imposed on TikTok and 58 other Chinese applications.
The Ministry, in its decision in June, stated that these applications were "prejudicial to sovereignty and integrity of India, defence of India, security of state and public order”.

Updated 26 Jan, 2021 12:24pm

Business & Finance

Business investments into Singapore rise 13pc, highest in over a decade

SINGAPORE: Business investment commitments into Singapore rose 13% last year to their highest in more than a decade,...

Published 21 Jan, 2021 04:23am

World

US Senate panel to hold Jan 26 hearing on Biden Commerce nominee

People briefed on the matter said Tuesday it was unlikely any deal would be reached before Trump leaves office on Wednesday. The Treasury Department did not respond to repeated requests for comment.

Published 20 Jan, 2021 12:27pm

Markets

Business investments into Singapore rise 13%, highest in over a decade

Singapore's economy is on the path to a slow and patchy recovery after marking its deepest contraction in 2020.

Published 20 Jan, 2021 10:54am

Technology

TikTok owner ByteDance launches Douyin Pay, mobile payment service for China

The set-up of Douyin Pay is to supplement the existing major payment options, and to ultimately enhance user experience on Douyin.
ByteDance has been ordered by the outgoing Trump administration to divest TikTok's US assets on national security concerns.

Published 19 Jan, 2021 07:36pm

Business & Finance

KKR bets $200mn on OneRepublic frontman Ryan Tedder's catalog

KKR, with investments in TikTok parent ByteDance and music company BGM, will also have publishing and recorded music rights to the catalog that has nearly 500 songs.

Published 11 Jan, 2021 08:09pm

World

Trump targets Chinese apps as his days in office dwindle

TikTok has a further fight on its hands over an August 14 executive order from Trump to force ByteDance to sell its US operations to an American buyer.

Published 06 Jan, 2021 10:21am

World

U.S. government appeals judge's order blocking TikTok restrictions

A separate U.S. appeals court is set to hear an appeal in February of an October ruling by U.S. District Judge Wendy Beetlestone in Pennsylvania.

Published 29 Dec, 2020 09:31am

Technology

Bolstered by pandemic, tech titans face growing scrutiny

Jacques Cremer, a professor at the Toulouse School of Economics in France, said it is "normal" that Facebook, Google or Twitter "use the data they have on me to show me ads".

Published 28 Dec, 2020 10:57am

Business & Finance

Walmart partners with TikTok to sell merchandise while livestreaming

The livestream will feature national brands like Champion, Jordache, Kendall + Kylie and some private brands including Free Assembly, Scoop and Sofia Jeans, Walmart said.

Published 17 Dec, 2020 08:31pm

Business & Finance

Facebook, Twitter face British fines if fail on harmful content

“We are entering a new age of accountability for tech to protect children and vulnerable users, to restore trust in this industry, and to enshrine in law safeguards for free speech,” Britain’s Digital Secretary Oliver Dowden said.

Published 15 Dec, 2020 10:28am

Technology

Facebook, Twitter face British fines if fail on harmful content

Dowden said the framework would give large digital businesses "robust rules" to follow.

Published 15 Dec, 2020 09:39am

World

US court hears appeal against order blocking TikTok app store ban

Nichols issued an order in a suit filed by ByteDance after US District Court Judge Wendy Beetlestone in Pennsylvania earlier blocked the same restrictions set to take effect on Nov. 12.

Published 15 Dec, 2020 09:36am

Business & Finance

Reddit to buy TikTok rival Dubsmash

The financial terms of the deal were not disclosed, but a spokeswoman for Reddit said the acquisition was based on a combination of cash and stock.

Published 14 Dec, 2020 08:39pm

World

U.S. court to hear appeal challenging order blocking TikTok app store ban

The ban would have required Apple Inc and Alphabet’s Google to remove the app from their stores, preventing new users from downloading it or existing users downloading updated versions.
On Dec. 4, the Trump administration opted not to grant TikTok-owner ByteDance a new extension of an order requiring the company to divest TikTok’s U.S. assets, but talks have continued over the short video-sharing app’s fate.

Published 14 Dec, 2020 03:07pm

World

Second US judge blocks Commerce restrictions on TikTok

The Treasury Department said late on Friday the government "is engaging with ByteDance to complete the divestment and other steps necessary to resolve the national security risks."

Published 08 Dec, 2020 10:03am

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd. / Mar 4 SME Leasing Limited(SLL)	3.38 ▲ 0.38 (12.67%)
Olympia Mills / Mar 4 Olympia Mills Limited(OML)	12.10 ▲ 1.00 (9.01%)
Fazal Cloth / Mar 4 Fazal Cloth Mills Limited(FZCM)	261.74 ▲ 18.26 (7.50%)
Indus Dyeing / Mar 4 Indus Dyeing & Manufacturing Co. Limited(IDYM)	800.57 ▲ 55.85 (7.50%)
Janana D Mal / Mar 4 Janana De Malucho Textile Mills Limited(JDMT)	100.62 ▲ 7.02 (7.50%)
Sunrays Tex. / Mar 4 Sunrays Textile Mills Limited(SUTM)	1074.58 ▲ 74.97 (7.50%)
Crescent Cotton / Mar 4 Crescent Cotton Mills Limited(CCM)	46.22 ▲ 3.22 (7.49%)
Shams Textile / Mar 4 Shams Textile Mills Limited(STML)	48.37 ▲ 3.37 (7.49%)
Tata Textile / Mar 4 Tata Textile Mills Limited(TATM)	76.19 ▲ 5.25 (7.40%)
Gatron Ind. / Mar 4 Gatron (Industries) Limited(GATI)	589.99 ▲ 39.99 (7.27%)

Stock	Price
Jubilee Sp. / Mar 4 Jubille Spinning & Weaving Mills Limited(JUBS)	4.10 ▲ -0.97 (-19.13%)
Kohinoor Energy / Mar 4 Kohinoor Energy Limited(KOHE)	35.70 ▲ -7.29 (-16.96%)
Bankislami Pak / Mar 4 BankIslami Pakistan Limited(BIPL)	10.50 ▲ -1.74 (-14.22%)
First UDL Mod. / Mar 4 First UDL Modaraba(FUDLM)	10.10 ▲ -1.45 (-12.55%)
Orient Rental Mod / Mar 4 Orient Rental Modaraba(ORM)	6.01 ▲ -0.69 (-10.30%)
Sally Tex. / Mar 4 Sally Textile Mills Limited(SLYT)	4.05 ▲ -0.45 (-10.00%)
J.A.Textile / Mar 4 J.A. Textile Mills Limited(JATM)	9.42 ▲ -1.00 (-9.60%)
Hala Enterpries / Mar 4 Hala Enterprises Limited(HAEL)	8.61 ▲ -0.77 (-8.21%)
Media Times / Mar 4 Media Times Limited(MDTL)	3.10 ▲ -0.26 (-7.74%)
Bank Alfalah / Mar 4 Bank Alfalah Limited(BAFL)	32.61 ▲ -2.72 (-7.70%)

Stock	Volume
K-Electric Ltd / Mar 4 K-Electric Limited(KEL)	23,617,000 ▼ 0.00
Ghani Global Hold. / Mar 4 Ghani Global Holdings Limited(GGL)	21,327,500 ▼ 0.00
Byco Petr. / Mar 4 Byco Petroleum Pakistan Limited(BYCO)	18,385,500 ▼ 0.00
TRG Pak. / Mar 4 TRG Pakistan Limited(TRG)	18,104,828 ▼ 0.00
Worldcall / Mar 4 Worldcall Telecom Limited(WTL)	14,417,000 ▼ 0.00
Unity Foods / Mar 4 Unity Foods Limited(UNITY)	12,621,771 ▼ 0.00
Azgard Nine / Mar 4 Azgard Nine Limited(ANL)	11,961,000 ▼ 0.00
Pakistan Refinery / Mar 4 Pakistan Refinery Limited(PRL)	11,157,000 ▼ 0.00
Maple Leaf / Mar 4 Maple Leaf Cement Factory Limited(MLCF)	10,416,478 ▼ 0.00
Hum Network / Mar 4 Hum Network Limited(HUMNL)	9,191,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 4	157.10
USD PKR Interbank Buying / Mar 4	157.00
USD to Japanese Yen / Mar 4	107.03
USD to Swiss Franc / Mar 4	0.92
Pound Sterling to USD / Mar 4	1.39
Euro to USD / Mar 4	1.21
UK LIBOR % / Mar 4	0.08

Stock	Volume
S&P 500 / Mar 4	3819.72
India Sensex / Mar 4	51444.65
Tokyo Nikkei / Mar 4	29559.10
Nasdaq / Mar 4	12997.75
Hang Seng / Mar 4	2988.42
FTSE 100 / Mar 4	6675.47
Dow Jones / Mar 4	31270.09
Germany DAX 30 / Mar 4	14080.03
France CAC40 / Mar 4	5830.06

Item	Value
Crude Oil / Mar 4	60.74
Karachi Cotton Assoc. / Mar 4	12200.00
Gold 10 Grams / Mar 4	94564.00
Gold Spot / Mar 4	1708.00
Cotton / Mar 4	88.45

TikTok

SoftBank Vision Fund set for new portfolio champion with Coupang IPO

Global tech firms in Australia launch anti-disinformation code

TikTok strikes deal with UFC to live-stream content

ByteDance explores sale of Indian TikTok assets to rival firm Glance: Bloomberg

Microsoft tried to buy Pinterest

US Justice Department asks court to put government's TikTok appeal on hold

Biden team shelves plan to force TikTok sale: report

As WhatsApp slides, Telegram becomes the most downloaded app globally

TikTok introduces stringent rules for video-sharing

TikTok now warns users about videos spreading misinformation

Ban on Tiktok other apps: LHC seeks reply from federal govt

China opposes discriminatory actions by India against Chinese firms

Putin warns against tech giants becoming competitors to states

YouTube Shorts eyes TikTok competition with 3.5bn daily views in India

India makes ban on TikTok and 58 other Chinese apps permanent

Business investments into Singapore rise 13pc, highest in over a decade

US Senate panel to hold Jan 26 hearing on Biden Commerce nominee

Business investments into Singapore rise 13%, highest in over a decade

TikTok owner ByteDance launches Douyin Pay, mobile payment service for China

KKR bets $200mn on OneRepublic frontman Ryan Tedder's catalog

Trump targets Chinese apps as his days in office dwindle

U.S. government appeals judge's order blocking TikTok restrictions

Bolstered by pandemic, tech titans face growing scrutiny

Walmart partners with TikTok to sell merchandise while livestreaming

Facebook, Twitter face British fines if fail on harmful content

Facebook, Twitter face British fines if fail on harmful content

US court hears appeal against order blocking TikTok app store ban

Reddit to buy TikTok rival Dubsmash

U.S. court to hear appeal challenging order blocking TikTok app store ban

Second US judge blocks Commerce restrictions on TikTok

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