Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 125

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 125
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 competition, copyright and trademark infringement, and other theories based on the nature and content
of the materials searched, the advertisements posted, or the content provided by Brands, Creators or users. The Digital Millennium Copyright
Act (“DMCA”) provides service providers a safe harbor from monetary damages for copyright infringement claims, provided
that service providers comply with various requirements designed to stop or discourage infringement on their platforms by their users.
Section 230 of the Communications Decency Act (“CDA”) protects providers of an interactive computer service from liability
with respect to most types of content, including defamatory information, provided over their service by others, including users. Both
the DMCA safe harbor and Section 230 of the CDA face regular calls for revision, including without limitation in a number of CDA reform
bills currently being considered by legislators. Furthermore, recent litigation involving cloud hosting companies has created uncertainty
with respect to the applicability of DMCA protections to companies that host substantial amounts of user content. For these reasons and
others, now or in the future, the DMCA, CDA, and similar provisions may be interpreted as not applying to Triller or may provide Triller
with incomplete or insufficient protection from claims. Changes in any such laws that shield Triller from liability could materially harm
Triller’s business, operating results, and financial condition. In many, but not all, territories outside of the United States there
are laws similar to the DMCA which exempt Triller from copyright infringement liability that may arise due to hosting user-uploaded materials.
In some countries, particularly in Europe and the APAC region, these laws are being readjusted and new -at times burdensome -constraints
are being imposed onto service providers. Although Triller has invested and continue to invest in systems and resources, which are intended
to ensure that Triller is compliant with the requirements of U.S. and international laws relating to, among other things, materials that
infringe on copyrights and contain other objectionable content, Triller’s systems may not be sufficient or Triller may unintentionally
err and fail to comply with these laws and regulations which could expose Triller to claims, judgments, monetary liabilities and other
remedies, and to limitations on Triller’s business practices which could materially adversely affect Triller’s business and
financial results. For example, Triller entered into a settlement agreement relating to a lawsuit for copyright infringement whereby Triller
agreed to pay Wixen $10.0 million in