TikTok pulls in more than $130.5 million in user spending in September

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TikTok has had something of an unpredictable year so far.
Photo: TikTok

TikTok pulled in more than $130.5 million in worldwide user spending in September, making it the top-grossing non-gaming app in the App Store — despite the various existential threats it faces.

In a new report by app analytics firm Sensor Tower, the company notes that user spending on TikTok in September was 7.9 times greater than this time last year. That $130m sum covers both iOS and Google Play revenue.

Despite attacks, TikTok enjoys another month as world’s top social media app

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U.S. investigations of TikTok gather steam.
TikTok was the top social media app in August.
Photo: Kon Karampelas/Unsplash CC

TikTok may be facing a possible extinction-level event in the U.S., but that’s not stopping its worldwide success as the popular video-sharing app just racked up yet another month as the world’s most downloaded social media app.

According to analytics firm Sensor Tower, TikTok enjoyed 63.4 million installs worldwide in August 2020. That’s up 1.7 percent from August the previous year. TikTok was the no. 1 social media app in the App Store, Google Play store, and — unsurprisingly — both combined.

Judge temporarily blocks Trump administration ban on TikTok

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U.S. investigations of TikTok gather steam.
TikTok's not going anywhere... yet.
Photo: Kon Karampelas/Unsplash CC

The TikTok story has taken another twist as a Washington judge has blocked the Trump administration’s ban on the popular short-form video app. The ban on the Chinese app would have kicked in at 11:59pm on Sunday. TikTok now has a stay of execution until at least November.

US district judge Carl Nichols granted a preliminary injunction to TikTok owners ByteDance. Nichols declined to block additional commerce department restrictions on the app “at this time.”

Trump will let TikTok keep ticking in US

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U.S. investigations of TikTok gather steam.
There are still questions about ownership, though.
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President Trump has given his blessing for TikTok to remain in the U.S. after approving a deal involving Walmart and Oracle taking a financial stake in the company.

However, CNBC reports that Trump’s claims that TikTok’s North American operations have “nothing to do with China” are incorrect. In fact, a new report claims that Beijing-based ByteDance retains an 80% stake in the company.

TikTok faces App Store ban in US starting this Sunday

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U.S. investigations of TikTok gather steam.
Unless the Oracle deal is signed-off by President Trump, that is.
Photo: Kon Karampelas/Unsplash CC

Unless a last-minute deal is agreed, President Trump is going to ban ultra-popular Chinese apps TikTok and WeChat from the U.S. starting Sunday, the Department of Commerce announced Friday.

TikTok is consistently the most downloaded non-gaming app in the world. In the U.S., it currently has around 100 million monthly users. WeChat, while nowhere near as big in the U.S., is China’s most important app and widely used by many Chinese-Americans to communicate with friends and family back home.

Oracle reportedly wins bid for TikTok’s U.S. operations

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U.S. investigations of TikTok gather steam.
Oracle will be TikTok's "trusted tech partner."
Photo: Kon Karampelas/Unsplash CC

Oracle looks set to acquire the United States operations of TikTok, according to people familiar with the matter, speaking with the Wall Street Journal.

According to the report, the deal will not be an outright sale. Instead, Oracle will be announced as TikTok’s “trusted tech partner” in the U.S. — hopefully doing enough to satisfy security concerns on the part of the White House. Financial terms have not been revealed.

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U.S. investigations of TikTok gather steam.
TikTok enjoyed a great month in August. From a downloads perspective, at least.
Photo: Kon Karampelas/Unsplash CC

TikTok CEO bails after 3 months in the job

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U.S. investigations of TikTok gather steam.
TikTok has had something of a turbulent year.
Photo: Kon Karampelas/Unsplash CC

TikTok is all about short-form videos, but who knew it was about short-form chief executives as well? That’s one possible takeaway from the news that TikTok CEO Kevin Mayer has resigned after just three months at the helm.

Mayer cites the massive disruption resulting from President Trump’s attack on the platform, and the possibility of a sale to Microsoft or Oracle.

Here’s how Trump could take down TikTok in US

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U.S. investigations of TikTok gather steam.
Scope of POTUS's TikTok ban could be massive.
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The plan for implementing President Donald Trump’s executive order targeting TikTok reportedly would take a two-pronged approach that could cripple the wildly popular app in the United States.

The executive order could ban TikTok from Apple’s and Google’s app stores, effectively stopping the video-sharing app’s wildfire growth. (The app has “reportedly been downloaded over 175 million times in the United States and over one billion times globally,” according to Trump’s executive order.) The move also could financially strangle the Chinese-owned app by forbidding U.S. companies from buying advertising on it.

These details emerged in a White House document outlining the plan that was seen by Reuters.