TikTok could be banned in US after House of Representatives passes bill
Saturday, 20 April 2024 () TikTok could be banned in the US if the social media app's Chinese owner doesn't sell its stake after the House of Representatives voted in support of the measure.
The very much divided US House of Representatives can’t agree on much, however they just took their first steps towards banning beloved social media platform tiktok. Now ByteDance, TikTok’s parent company and one based in China, will have just 270 days to sell or face a complete ban in the United...
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This Day in History: , The United States Officially Enters World War I.
April 6, 1917.
War against Germany was
declared in both the Senate and
House of Representatives by votes
of 82-6 and 373-50, respectively.
President Woodrow Wilson had called for
the declaration of war four days earlier.
The U.S. had been preparing for
war since the passage of a $250 million arms
appropriations bill in Feb.
Though initially against joining the war in Europe,
American public opinion shifted as German
attacks on ocean liners escalated.
The first U.S. troops landed
in France in late June.
The arrival of fresh and well-supplied
forces proved to be a turning point in
the war after four years of bloody combat
Credit: Wibbitz Top Stories Duration: 00:51Published
John Oliver is the latest to mock Nancy Pelosi for her widely ridiculed TikTok pun. On HBO's 'Last Week Tonight,' the host brought up how the U.S. House of Representatives passed a bill that would lead to a ban on TikTok if its China-based owner doesn't sell its stake. The bill passed on concerns that the app poses a national security threat under the ownership of Chinese technology firm ByteDance Ltd.
Credit: The Hollywood Reporter Duration: 01:18Published
Former Treasury Secretary , Looking to Form Investor Group , to Purchase TikTok.
NBC reports that former Treasury Secretary
Steven Mnuchin is looking to put together an
investor group to acquire ByteDance's TikTok.
NBC reports that former Treasury Secretary
Steven Mnuchin is looking to put together an
investor group to acquire ByteDance's TikTok.
The news comes as a bipartisan bill works its
way through Congress that threatens to bring an
end to the platform's existence in the United States.
The news comes as a bipartisan bill works its
way through Congress that threatens to bring an
end to the platform's existence in the United States.
On March 13, the House of Representatives passed
the bill, which would force ByteDance to divest
the platform or face a ban on the app in the U.S.
I think the legislation should
pass and I think it should be sold.
It’s a great business and I’m going
to put together a group to buy TikTok, Steven Mnuchin, Former Treasury Secretary, via CNBC’s “Squawk Box”.
This should be owned by
U.S. businesses. There’s no
way that the Chinese would
ever let a U.S. company own
something like this in China, Steven Mnuchin, Former Treasury Secretary, via CNBC’s “Squawk Box”.
NBC points out that the bill still requires Senate approval
before it heads to President Joe Biden, who has indicated
that he would support the bill if it passes through Congress.
NBC points out that the bill still requires Senate approval
before it heads to President Joe Biden, who has indicated
that he would support the bill if it passes through Congress.
However, TikTok CEO Shou Zi Chew has said
that selling TikTok is not a viable option. .
According to PitchBook data, , ByteDance was valued at , $220 billion in 2023. .
Mnuchin has yet to specify the potential valuation
of a deal to acquire the social media platform
or which investors may be interested in the deal.
At the same time, the 'Wall Street Journal' reported that
former Activision Blizzard CEO Bobby Kotick has also
expressed interest in a deal to purchase TikTok.
At the same time, the 'Wall Street Journal' reported that
former Activision Blizzard CEO Bobby Kotick has also
expressed interest in a deal to purchase TikTok
Credit: Wibbitz Top Stories Duration: 01:31Published
A view shows the office of TikTok after the U.S. House of Representatives overwhelmingly passed a bill that would give TikTok's Chinese owner ByteDance about six months to divest the U.S...