Jem Aswad Senior Music Editor TikTok parent ByteDance has begun talks with music labels about expanding its music-streaming service into more than a dozen markets in a move that would place it in direct competition with Spotify, Apple Music and other major streaming services, according to the Wall Street Journal. According to the report, the initial plan is to expand the company’s Resso service, which is currently only available in India, Indonesia and Brazil, into more than a dozen markets, although the U.S. is not said to be part of the next phase of expansion. The Journal’s sources say significant hurdles remain in the negotiations, but ByteDance wants the service to eventually be integrated within TikTok and to serve as a major platform for distributing music around the world.
TikTok Confident Is On Path “To Fully Satisfy All Reasonable U.S. National Security Concerns”
26.09.2022 - 22:40 / deadline.com
Wildly popular social media app TikTok is said to have a draft agreement in place with the U.S. government that would allow it to continue operating in the country while retaining Chinese ownership.
The deal was hashed out in recent months, according to a report in the New York Times, and resolves national security concerns that have troubled lawmakers given the platform’s ownership by Beijing-based tech giant, ByteDance. However, the agreement may take months more to finalize, the NYT said, with a top DOJ official and the Treasury both having reservations on whether it’s tough enough on China.
In 2020, then President Trump issued an unusual executive order blocking the app unless ByteDance sold TikTok’s U.S. business to an American company. Microsoft came in early with an offer. Its bid was rejected in favor of Oracle, which signed on as a technology partner with a group of investors. It was all pretty messy and put on hold but not forgotten. Government officials continue to view the platform as a threat able to siphon users’ data and compromise U.S. security. The NYT says Oracle remains in the picture to help monitor the site.
“We will not comment on the specifics of confidential discussions with the US government, but we are confident that we are on a path to fully satisfy all reasonable US national security concerns,” said a TikTok spokesperson.
The agreement is said to call for all TikTok’s U.S. data to be stored on U.S. servers inaccessible to China. It allows Oracle to monitor the platform’s algorithmic recommendations for Chinese disinformation and propaganda. And it establishes a board of security experts reporting to the U.S. government to oversee TikTok’s U.S. business. ByteDance would retain ownership.
The rapid
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Bethenny Frankel is going after the big man!
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