Thatâs the sheepâs clothing, Brendan Carr, FCC Commissioner, via CNBC.
At its core, TikTok functions as a sophisticated surveillance tool that harvests extensive amounts of personal and sensitive data, Brendan Carr, FCC Commissioner, via CNBC.
Neither company has
responded publicly
to Carr's letter.
Carr has demanded that if the companies do not comply with his request, they must provide a statement of explanation.
[The statements must explain] the basis for your companyâs conclusion that the surreptitious access of private and sensitive U.S. user data by persons
located in Beijing, , Brendan Carr, FCC Commissioner, via CNBC.
... coupled with TikTokâs pattern of misleading representations and conduct, does not run afoul of any of your app store policies, Brendan Carr, FCC Commissioner, via CNBC.
According to a BuzzFeed report, TikTok employees have been recorded discussing how the app gave China-based engineers access to users' data in the U.S. .
A TikTok spokesperson
reacted to the news.
We know weâre among the most scrutinized platforms from a security standpoint, and we aim to remove any doubt about the security of U.S. user data.
, TikTok Spokesperson, via CNBC.
Thatâs why we hire experts in their fields, continually work to validate our security standards, and bring in reputable, independent third parties to test our defenses, TikTok Spokesperson, via CNBC
Jenna Jameson is once again headed for divorce -- this time, it's her wife who wants to end their marriage ... and she's claiming the reason is because Jenna.. TMZ.com
TikTok star Kyle Marisa Roth -- famous for dishing on controversial Hollywood blind items and showbiz gossip -- has suddenly died ... something her family.. TMZ.com
Davis Clarke says he had a crappy run at the Boston Marathon, and he seems to mean that literally -- claiming he crapped his pants ... but TBH, take it with a.. TMZ.com
Taylor Swiftâs Music , Is Back on TikTok.
In January, Swift's music was pulled from TikTok by Universal Music Group due to a dispute over royalties, CNN reports. .
Other artists, such as Ariana Grande,
Camila Cabello and Rihanna, were also affected.
Other artists, such as Ariana Grande,
Camila Cabello and Rihanna, were also affected.
Other artists, such as Ariana Grande,
Camila Cabello and Rihanna, were also affected.
At the time, Universal Music Group said that TikTok only wanted to pay its artists "a fraction of the rate that similarly situated major social platforms pay.".
Ultimately TikTok is trying to build
a music-based business, without
paying fair value for the music, Universal Music Group, via statement.
The music distributor was also concerned
with the fact that TikTok allows
AI-generated recordings on its platform...
... and is creating tools to "enable, promote and encourage" music creation with artificial intelligence.
Universal Music Group believes that this will "massively dilute the royalty pool for human artists.".
But as of April 11, Swift's music
is back on TikTok, CNN reports. .
The development comes ahead
of the release of her newest album,
'The Tortured Poets Department,' on April 19.
However, Universal Music Group's other artists are still not present on TikTok.
It's not clear what terms were met between TikTok, Universal Music Group and Swift
to return her music to the platform
Credit: Wibbitz Top Stories Duration: 01:31Published
The solar eclipse in North America sparked excitement, but post-event, reports of eye pain surged. Google searches for "Eyes Hurt" peaked, revealing concerns over inadequate eye protection during the eclipse. NASA's warning to use certified sunglasses went unheeded, with counterfeit glasses flooding the market. Solar retinopathy, resulting from direct eclipse viewing, poses severe risks.
#SolarEclipse #NASA #SolarRetinopathy #SoclarEclipse2024 #TotalSolarEclipse #USnews #Worldnews #Oneindia #Oneindianews
~HT.99~PR.274~ED.155~GR.125~
Google to Settle Lawsuit by , Destroying Billions of Private Browsing Records.
In 2020, Google was sued by numerous
users who claimed that the tech giant
secretly tracked their internet use despite
browsing in Chrome's incognito mode.
The plaintiffs claim that this allowed
Google to be an "unaccountable trove
of information," 'The Guardian' reports.
To settle the lawsuit, Google has agreed
to destroy billions of private records.
The company will also update
its "private" browsing disclosures. .
Additionally, incognito users will be
able to "block third-party cookies for
five years," 'The Guardian' reports.
The result is that Google will
collect less data from usersâ private
browsing sessions, and that Google
will make less money from the data, Plaintiffs' lawyer, via 'The Guardian'.
While Google supports the settlement, it
does not agree with the "legal and factual characterizations" put forth by the plaintiffs.
We are limited in how strongly we
can market Incognito because itâs
not truly private, thus requiring
really fuzzy, hedging language
that is almost more damaging. , Googleâs chief marketing officer, Lorraine Twohill,
wrote to the CEO, Sundar Pichai, in 2019, via 'The Guardian'.
A lawyer for the plaintiffs called
the agreement "a historic step in
requiring honesty and accountability
from dominant technology companies.".
While plaintiffs will not receive damages as part of this settlement, they could still sue individually to be monetarily compensated.
Credit: Wibbitz Top Stories Duration: 01:31Published
Apple May Be Ready , to Support RCS by Fall.
On March 29, Google briefly highlighted
a part of the Google Messages page stating
that Apple is preparing to roll out Rich Communication Services (RCS) support this fall.
On March 29, Google briefly highlighted
a part of the Google Messages page stating
that Apple is preparing to roll out Rich Communication Services (RCS) support this fall.
Some of the page's sections read,
"coming soon on iOS" and
"better messaging for all,"
TechCrunch reports.
Apple has announced it will be adopting
RCS in the fall of 2024. Once that
happens, it will mean a better
messaging experience for everyone, Via Google page description.
Apple confirmed that it was developing
RCS support last November.
While RCS will not eliminate the
"green bubble-blue bubble" differentiation between Android and iPhone users.
it will allow Android users to send iPhone users
hi-res media within their native messaging app.
New RCS features, such as Photomoji, improved voice note audio quality and more, were announced by Google last year.
According to the tech giant,
1 billion people use RCS each month.
The news of Apple's upcoming RCS support comes as the company is being sued by the U.S. Department of Justice over alleged monopolistic practices, TechCrunch reports.
The lawsuit mentions
"green bubbles" as a user security issue
Credit: Wibbitz Top Stories Duration: 01:31Published
RFK Jr Picks Nicole Shanahan , As His Running Mate.
On March 26, the presidential candidate announced that the 38-year-old ex-wife of Google co-founder Sergey Brin is his vice presidential pick, BBC reports. .
On March 26, the presidential candidate announced that the 38-year-old ex-wife of Google co-founder Sergey Brin is his vice presidential pick, BBC reports. .
On March 26, the presidential candidate announced that the 38-year-old ex-wife of Google co-founder Sergey Brin is his vice presidential pick, BBC reports. .
Kennedy introduced Shanahan as
"a fellow lawyer, a brilliant scientist, technologist, a fierce warrior mom.".
Kennedy introduced Shanahan as
"a fellow lawyer, a brilliant scientist, technologist, a fierce warrior mom.".
He went on to call his campaign "a spoiler for President Biden and for President Trump" that
will "forge an unstoppable coalition of homeless Democrats and homeless Republicans.".
Kennedy's independent bid was launched
in October after challenging Biden for
the Democratic nomination.
The Democratic National Committee has condemned Kennedy's bid, saying that he
will only help to draw votes away from
Biden, ensuring Trump's victory. .
Shanahan revealed that she had left the Democratic Party because it was consumed with "elitism" and "winning at all costs.".
I believe I am taking the best
ideals and impulses with me. , Nicole Shanahan, via statement.
Shanahan's professional
colleagues speak highly of her.
She's motivated by trying to change
things for the better and having an
impact on social benefits, Roland Vogl, executive director of Stanford University's
Center for Legal Informatics, via statement.
Don't undersell someone
who comes from outside a
system to change the system. , Bruce Cahan, a professional colleague, via statement.
Announcing Shanahan as his running mate
will likely help Kennedy get on more ballots.
He's currently only confirmed on Utah's ballot
Credit: Wibbitz Top Stories Duration: 01:31Published
DOJ Sues Apple , for Monopolizing Smartphone Market.
The Justice Department and 16 state attorneys general filed suit against Apple on March 21 in New Jersey, 'The Hill' reports. .
The complaint alleges that
the tech company constructed a
"dominant iPhone platform and ecosystem," .
and "rather than respond to competitive
threats by offering lower smartphone prices to
consumers or better monetization for developers,".
Apple enforced a "series of shapeshifting rules and restrictions" in the App Store.
It has deployed this playbook across
many technologies, products, and
services, including super apps, text
messaging, smartwatches, and digital
wallets, among many others, Via complaint.
Todayâs lawsuit seeks to hold Apple
accountable and ensure it cannot
deploy the same, unlawful
playbook in other vital markets, Via complaint.
In its defense, Apple claimed that
the lawsuit "threatens who we are and
the principles that set Apple products
apart in fiercely competitive markets.".
If successful, [this lawsuit] would
hinder our ability to create the
kind of technology people expect
from Appleâwhere hardware,
software, and services intersect, Apple, via statement.
It would also set a dangerous
precedent, empowering
government to take a heavy hand
in designing peopleâs technology. , Apple, via statement.
We believe this lawsuit is wrong
on the facts and the law, and we
will vigorously defend against it, Apple, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
Federal Benefit Helping , Low-Income Households , Afford Internet Coming to an End.
CNN reports that next month, low-income
Americans face a crisis that threatens millions
of households with economic distress.
The United States government says that
it can only pay about half of what it owes
on a popular federal benefits program.
The Federal Communications Commission (FCC) announcement
represents the first tangible impact of Congress' failure
to extend the Affordable Connectivity Program (ACP).
The pandemic-era benefit provides
monthly discounts on internet service
for over 23 million households in the U.S.
As a result of dwindling funds,
April will be the last month
households can receive full benefits. .
In May, ACP will only be able to
provide 46% of the normal benefit
payments before ending entirely in June.
The end of the program means that millions of
people will have to choose between paying
for internet, housing and food.
According to the FCC, Internet service providers (ISPs)
could decide to close the gap for millions of households
that will be impacted by the program coming to an end.
We encourage providers to
take efforts to keep consumers
connected at this critical time, FCC statement, via CNN.
The FCC went on to add that ISPs could offer discounts, low-cost
internet plans or take other measures to ensure that service is
not interrupted for millions of low-income Americans.
Credit: Wibbitz Top Stories Duration: 01:30Published
The vast majority of FCC complaints made during and after Super Bowl LVIII had to do with a pro-Israel ad that ran ... and it appears to have been planned that.. TMZ.com
'80s hitmaker Kenny Loggins is peeling back another layer on the legendary recording of "We Are the World" -- revealing how he scored his pal Huey Lewis a solo.. TMZ.com
Samsung Knocks Apple , From Top Phonemaker Spot.
Samsung Knocks Apple , From Top Phonemaker Spot.
Fox News reports that Apple's phone shipments have dropped by about 10%.
During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%.
During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%.
Xiaomi came in third with 14.1%.
Samsung shipped over
60 million phones during Q1 2024.
Samsung shipped over
60 million phones during Q1 2024.
Apple only shipped 50.1 million. .
Last year during the same time period,
Apple shipped 55.4 million. .
Overall, smartphone shipments rose 7.8% worldwide to 289.4 million units during Q1 2024.
The increase in Samsung shipments
could be attributed to the company's
release of Galaxy S24 series phones.
During a launch event at the beginning
of the year, Galaxy AI, which is incorporated
into the company's new smartphones,
was touted as "a new era of mobile AI.".
News of Samsung's triumph comes as
Apple is cutting over 600 jobs in California
following reports that the company
is abandoning its electric car efforts. .
News of Samsung's triumph comes as
Apple is cutting over 600 jobs in California
following reports that the company
is abandoning its electric car efforts.
Credit: Wibbitz Top Stories Duration: 01:31Published
Apple Will Soon Allow iPhones , to Be Repaired With Used Parts.
On April 11, Apple announced that "select"
iPhone models will be eligible for repair with used, genuine parts beginning this fall, The Verge reports. .
Currently, repairing an iPhone with a used or aftermarket piece results in notifications that Apple isn't able to verify the component.
When attempting to repair Face ID and
Touch ID sensors with used or aftermarket parts,
it "might not work at all," The Verge reports. .
But with the changes coming this fall, Apple said, "calibration for genuine Apple parts, new or used, will happen on device after the part is installed.".
This should resolve some of
the aforementioned issues.
The change will also make it so that individuals
and repair shops will no longer need the device's serial number to order "most parts from the
Self Service Repair Store," The Verge reports. .
At launch, the new policy will support
displays, batteries and cameras.
"Future" iPhone releases will support biometric sensors, Apple said. .
With this latest expansion to our repair
program, weâre excited to be adding
even more choice and convenience for
our customers, while helping to extend
the life of our products and their parts. , John Ternus, Appleâs senior vice president
of hardware engineering, via statement.
Apple did not make it clear which iPhone models
will be supported under the new policy this fall
Credit: Wibbitz Top Stories Duration: 01:31Published
Former MP accuses YSRCP of phone tapping TDP's Lokesh via Pegasus. Apple warns Lokesh. Urges CEC for fair May 13 polls against state officials' unethical acts... IndiaTimes
Apple Sends iPhone Users in 92 Countries , a Spyware Attack Warning.
The message was sent on
April 10, Engadget reports. .
Apple detected that you are being targeted
by a mercenary spyware attack that is trying
to remotely compromise the iPhone
associated with your Apple ID -xxx-, Apple's warning, via Engadget.
This attack is likely targeting
you specifically because of
who you are or what you do. , Apple's warning, via Engadget.
Although it's never possible to achieve
absolute certainty when detecting such
attacks, Apple has high confidence in
this warning â please take it seriously, Apple's warning, via Engadget.
Internal information and investigations are used by the tech giant to pinpoint attacks. .
However, Apple couldn't provide any more information about the mercenary spyware attacks because it might "help attackers avoid future detection," Engadget reports. .
Apple has sent this type of message
to customers in the past.
Since 2021, people in over 150 countries
have gotten similar warnings.
Last October, journalists and politicians located in India were among those
who received such a message
Credit: Wibbitz Top Stories Duration: 01:30Published
Amazon Cuts Hundreds , of Cloud Computing Jobs.
An Amazon Web Services (AWS)
spokesperson issued a statement about
the job cuts on April 3, CNBC reports. .
Weâve identified a few targeted areas of
the organization we need to streamline
in order to continue focusing our efforts
on the key strategic areas that we
believe will deliver maximum impact, AWS spokesperson, via statement.
We didnât make these decisions
lightly, and weâre committed
to supporting the employees
throughout their transition to new
roles in and outside of Amazon, AWS spokesperson, via statement.
Cuts are being made to the store technology division âas a result of a broader strategic shift in the use of some applications in Amazonâs owned as well as in third-party stores,â the spokesperson said.
The layoffs come after Amazon announced that it was ending its Just Walk Out technology in Fresh stores.
The cashierless technology is overseen
by teams within the AWS unit. .
Beginning in 2022, Amazon started
its largest layoffs in history by letting
go of 27,000 roles company-wide. .
So far in 2024, the retail behemoth has cut jobs at Audible, Buy with Prime, Prime Video, MGM Studios and Twitch, CNBC reports. .
This latest round of cuts will
allow U.S. employees to collect pay
and benefits for a minimum of 60 days.
They will also be offered a severance package.
Credit: Wibbitz Top Stories Duration: 01:30Published
UPS to Become US Postal Serviceâs , Main Air Cargo Provider.
On April 1, United Parcel Service announced
that it will replace FedEx as the primary air
cargo provider for the USPS, CNBC reports. .
On April 1, United Parcel Service announced
that it will replace FedEx as the primary air
cargo provider for the USPS, CNBC reports. .
FedEx is walking away from a
22-year partnership after failing to
secure a better contract with the agency. .
FedEx is walking away from a
22-year partnership after failing to
secure a better contract with the agency. .
In fiscal year 2023, USPS paid FedEx $1.73 billion
for its services, down from the $2.4 billion
FedEx received in fiscal year 2020.
The decrease in payments was partially due
to the postal service using more economical
trucks in place of planes, CNBC reports. .
The parties were unable to reach
agreement on mutually beneficial
terms to extend the contract, FedEx, via securities filing.
Since FedEx will lose nearly $2 billion in annual
business from letting go of the contract, .
hundreds of pilots will likely
lose their jobs, CNBC reports .
Following the announcement, UPS shares
increased 1.4% while FedEx stock dropped 1.6%.
FedEx's current contract is
set to expire on Sept. 29
Credit: Wibbitz Top Stories Duration: 01:30Published
Krispy Kreme to Be Sold , at McDonaldâs Nationwide.
Krispy Kreme to Be Sold , at McDonaldâs Nationwide.
Both food chains made the announcement
on March 26, CNBC reports. .
The rollout will start later this year but will take until the end of 2026 to reach McDonald's nationwide. .
That's because Krispy Kreme will have
to "more than double its distribution"
to meet demand, CNBC reports. .
We think we can service about
6,000 restaurants with our existing
infrastructure, mostly doughnut
shops, which have excess capacity, Krispy Kreme CEO Josh Charlesworth, to CNBC.
Shares of Krispy Kreme jumped 22%
following the announcement.
Krispy Kreme is also expanding distribution
to grocery and convenience stores.
That means that the overall efficiency
and productivity of our distribution network will significantly improve over time, not just
because of all those local deliveries. , Krispy Kreme CEO Josh Charlesworth, to CNBC.
Currently, Krispy Kreme typically makes more doughnuts than it can sell, so churning out even more product will take few additional costs. .
Currently, Krispy Kreme typically makes more doughnuts than it can sell, so churning out even more product will take few additional costs. .
Overall, therefore, it makes our system
more profitable to grow the deliver
fresh daily channel, and McDonaldâs
is an accelerator of that, Krispy Kreme CEO Josh Charlesworth, to CNBC.
Overall, therefore, it makes our system
more profitable to grow the deliver
fresh daily channel, and McDonaldâs
is an accelerator of that, Krispy Kreme CEO Josh Charlesworth, to CNBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Boeing CEO Dave Calhoun , to Step Down.
Calhoun will resign at the
end of the year, CNBC reports.
His departure comes amid a broad management shakeup at Boeing following a Jan. 5 incident in which a door flew off an Alaska Airlines flight.
His departure comes amid a broad management shakeup at Boeing following a Jan. 5 incident in which a door flew off an Alaska Airlines flight.
As you all know, the Alaska Airlines
Flight 1282 accident was a
watershed moment for Boeing, Boeing CEO Dave Calhoun, via note to employees.
We must continue to respond to
this accident with humility and
complete transparency. , Boeing CEO Dave Calhoun, via note to employees.
We also must inculcate a total
commitment to safety and quality
at every level of our company, Boeing CEO Dave Calhoun, via note to employees.
Calhoun went on to say that
"the eyes of the world are on us.".
Calhoun went on to say that
"the eyes of the world are on us.".
I know we will come through this moment a
better company, building on all the learnings
we accumulated as we worked together to
rebuild Boeing over the last number of years, Boeing CEO Dave Calhoun, via note to employees.
Larry Kellner, chairman of the board,
will also step down in May.
Boeing director Steve Mollenkopf
will become the new chairman.
Boeing director Steve Mollenkopf
will become the new chairman.
Stan Deal, president and CEO of Boeing Commercial
Airplanes, will step down immediately.
Stephanie Pope, Boeing's Chief
Operating Officer, will take his place
Credit: Wibbitz Top Stories Duration: 01:30Published
Trump Canât Obtain Appeal Bond , in New York Fraud Case.
According to a New York court filing
on March 18, Trump isn't able to secure a
$454 million bond as he appeals a civil business
fraud judgement against him, CNBC reports. .
Trump's attorneys said that getting the bond is "impossible" since it would "effectively" require "cash reserves approaching $1 billion.".
Defendantsâ ongoing diligent
efforts have proven that a bond
in the judgmentâs full amount
is âa practical impossibility.â, Donald Trump's lawyers, via CNBC.
Gary Giulietti, president of the
Northeast division of the Lockton Companies, was hired to help Trump obtain a bond.
Despite scouring the market, we have
been unsuccessful in our effort ... for the
simple reason that obtaining an appeal bond
for $464 million is a practical impossibility
under the circumstances presented, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
Simply put, a bond of this
size is rarely, if ever, seen, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
In the unusual circumstance that a bond of
this size is issued, it is provided to the largest
public companies in the world, not to
individuals or privately held businesses, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
Giulietti went on to say that a private company would need about $1 billion to put up as collateral to receive a bond of that size. .
While it is my understanding that
the Trump Organization is in a strong
liquidity position, it does not have
$1 billion in cash or cash equivalents, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
Meanwhile, Trump secured a $91.6 million bond earlier this month as part of a separate case
brought against him by writer E. Jean Carroll. .
Meanwhile, Trump secured a $91.6 million bond earlier this month as part of a separate case
brought against him by writer E. Jean Carroll.
Credit: Wibbitz Top Stories Duration: 01:31Published
Google âWorking Around the Clockâ , to Fix Gemini AI , as CEO Calls Responses âUnacceptableâ.
On Feb. 27, Google CEO Sundar Pichai sent
a note to employees saying that some of
its AI tool's responses were "biased" and "completely unacceptable," Reuters reports. .
On Feb. 27, Google CEO Sundar Pichai sent
a note to employees saying that some of
its AI tool's responses were "biased" and "completely unacceptable," Reuters reports. .
Our teams have been working around
the clock to address these issues. , Sundar Pichai, Google CEO, via note to employees.
We're already seeing a substantial
improvement on a wide
range of prompts... , Sundar Pichai, Google CEO, via note to employees.
And we'll review what happened
and make sure we fix it at scale, Sundar Pichai, Google CEO, via note to employees.
Gemini was paused on Feb. 22 after
"offering inaccuracies in some historical
image generation depictions," Google said.
Some of those inaccuracies included
racially diverse Nazis, The Verge reports. .
Three weeks ago, we launched a new
image generation feature for the
Gemini conversational app (formerly
known as Bard), which included the
ability to create images of people. Itâs
clear that this feature missed the mark. , Prabhakar Raghavan, senior vice president of
Google's Knowledge & Information, via blog post.
Some of the images generated are
inaccurate or even offensive. Weâre
grateful for usersâ feedback and are
sorry the feature didn't work well, Prabhakar Raghavan, senior vice president of
Google's Knowledge & Information, via blog post.
Gemini will reportedly be
relaunched in the coming weeks
Credit: Wibbitz Top Stories Duration: 01:30Published
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.
Itâs a great business and Iâm going
to put together a group to buy TikTok, Steven Mnuchin, Former Treasury Secretary, via CNBCâs âSquawk Boxâ.
This should be owned by
U.S. businesses. Thereâs no
way that the Chinese would
ever let a U.S. company own
something like this in China, Steven Mnuchin, Former Treasury Secretary, via CNBCâs âSquawk Boxâ.
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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