Deal finalized to save TikTok in US
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Users on Threads warned others to leave TikTok, with one saying: "I did not feel it was wise, nor safe for me to keep it."
According to its new privacy policy, TikTok now collects more data on its users, including their precise location, after majority ownership officially switched to a group based in the US.
TikTok users are freaking out over a mention of "immigration status" data collection, but lawyers explain the disclosure is related to state privacy laws.
TikTok has closed a joint-venture deal for its US business, handing over some operational control to an investor group.
Ellison has made plenty of news outside of TikTok of late. He has been pursuing American media giant Warner Brothers Discovery, with a hostile bid against Netflix. And last year, he closed on a deal that puts the Ellison family in charge of another major media company, Paramount. (The BBC is a partner of Paramount’s CBS News.)
TikTok picked an insider to lead its newly created US business, choosing an executive with deep ties to the entertainment world and history reporting up to ByteDance Ltd.’s leadership.
Whether this is just a regular outage or a result of this week’s changes in management, reports tracked on Downdetector and Reddit confirm many people are having trouble loading TikTok right now. If the mobile app loads,