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
Watch as the US House of Representatives makes a decisive move, passing a bill that could spell trouble for TikTok's Chinese owner, ByteDance. Learn about the implications of this legislation and what it means for the future of the popular short video app.
#TikTok #TikTokBan #ByteDance #USNews #USA #USHouse #USBillonTikTok #TikTokVideos #JoeBiden #USCongress #Oneindia
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The US House plans to vote on legislation giving ByteDance six months to divest TikTok, addressing national security concerns. President Biden supports the bill, highlighting bipartisan efforts amid Trump's objections. Despite past attempts to ban TikTok, legal challenges thwarted Trump's efforts. The legislation faces hurdles, including opposition from tech companies. The fate of TikTok remains uncertain, impacting millions of American users and broader tech regulation debates.
#USHouse #ByteDance #TikTok #Trump #BidenTikTok #TikTokBan #TikToknews #USnews #Worldnews #Oneindia #Oneindianews
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A bipartisan group of US lawmakers has introduced a bill giving China's ByteDance six months to divest TikTok or face a US ban due to national security concerns. This follows India's 2020 ban on TikTok. The bill requires Senate support and will be considered in a House committee hearing. TikTok denies data sharing with China but faces scrutiny over its ownership.
#TikTok #USLawmakers #TikToknews #Bytedance #ChinaApps #Chinese #USnews #RepublicanLawmakers #Worldnews #Oneindia #Oneindianews
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The European Commission has asked X, TikTok, Facebook and other online platforms to mitigate risks to elections and clamp down on voter disinformation, as part of new guidelines adopted on Tuesday.
Credit: euronews (in English) Duration: 01:14Published
Ryan Garcia just got super emotional on video ... crying as he tried to create a TikTok to thank his fans for their recent support. The boxing star can be seen.. TMZ.com
Amidst escalating tensions between India and China, the US Senate unanimously passed a bill banning Chinese applications, notably TikTok. TikTok's immense US user base faces upheaval as bipartisan support propels the legislation, citing national security concerns. Despite TikTok's objections, China warns of repercussions, labeling the move as "bullying behavior."
#China #TikTok #tiktokBan TikToknews #TikTokUpdates #USSenate #UsHouse #Worldnews #USnews #Oneindia #Oneindianews
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Tiktok, WeChat and 57 other Chinese apps stand permanently banned from India after notices were issued to them last year. The Ministry of Electronics and Information Technology issued fresh notices to..