Page 5 - Tiktok

US ban on TikTok looms with Biden poised to start 270-day countdown

Under the bill, Biden has the option to extend that deadline by an additional 90 days if he sees progress toward a sale. That would push a possible ban well into the next presidential term

China's fake-fashion retailers thrive on TikTok, Reddit and Discord

In a video posted to his TikTok channel and viewed by nearly 2 million people, King unwrapped £2,000 (​​$2,488) worth of seemingly high-end Nike shoes, new in their boxes

TikTok braces for US divest-or-ban law as it gears up for fresh legal fight

That action would be an unprecedented move by Congress to use legislation to threaten the ban of a large consumer technology platform

TikTok set to remove key executive tasked with fending off US claims

"That is 100% false," said TikTok spokesperson Alex Haurek, when asked for comment on whether the company is set to remove Andersen from his role

US House votes for possible TikTok ban, but will the app go away soon

The House passed legislation on Saturday that would ban TikTok in the United States if the popular social media platform's China-based owner doesn't sell its stake within a year, but don't expect the app to go away anytime soon. The decision by House Republicans to include TikTok as part of a larger foreign aid package, a priority for President Joe Biden with broad congressional support for Ukraine and Israel, fast-tracked the ban after an earlier version had stalled in the Senate. A standalone bill with a six-month selling deadline passed the House in March by an overwhelming bipartisan vote as both Democrats and Republicans voiced national security concerns about the app's owner, the Chinese technology firm ByteDance Ltd. The modified measure now goes to the Senate after negotiations that produced a compromise. Even if the legislation becomes law, though, the company would have up to a year to find a buyer and would likely try to challenge the law in court, arguing it would depriv

Apple removes WhatsApp, Threads from its China App Store on Beijing request

US politicians have cited national security concerns in their push to force the company to either sell TikTok to a non-Chinese owner or face a ban in the US market

US ban on TikTok over ownership issues gets major boost from Republicans

Legislation that could ban TikTok in the US if its China-based owner doesn't sell its stake won a major boost late Wednesday when House Republican leaders included it in a package of bills that would send aid to Ukraine and Israel. The bill could be law as soon as next week if Congress moves quickly. The TikTok legislation, which passed the House in March and has widespread support in both chambers, was included in the House foreign policy package after negotiations with the Senate over how long the Chinese technology firm ByteDance Ltd would have to sell its stake for the app to continue operating in the United States. President Joe Biden has said he would sign the TikTok legislation if it reaches his desk. The bill was included in the national security package after it won a key endorsement from Senate Commerce Committee Chairwoman Maria Cantwell, who said in a statement that she had successfully pushed to extend the period from six months to a year to give the company enough time

European Union questions TikTok on new app that pays users for watching

European Union regulators said Wednesday they're seeking details from TikTok on a new app from the video sharing platform that pays users to watch videos. The European Commission said it sent TikTok a request for information on the TikTok Lite app that has been quietly released in France and Spain. The commission wants to know about the risk assessment that TikTok should have carried out before deploying the app in the European Union. We have already been in direct contact with the Commission regarding this product and will respond to the request for information," TikTok said in a statement. Such evaluations are required under the bloc's Digital Services Act, a sweeping law that took effect last year with the aim of cleaning up social media platforms. The commission is the 27-nation bloc's executive arm and top enforcer of digital regulations. TikTok Lite lets users "earn great rewards," according to its app store listing. The app, which launched this month in France and Spain, is

US Treasury seeks more review authority over deals with foreign firms

U.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors. This comes as high-profile deals involving foreign investment in the U.S. like Chinese firm ByteDance's ownership of popular social media app TikTok and Japanese firm Nippon Steel's bid to purchase Pittsburgh-based U.S. Steel Corp. receive increased scrutiny by lawmakers and even President Joe Biden. A new proposed rulemaking would strengthen powers for the interagency Committee on Foreign Investment in the United States known as CFIUS which is tasked with investigating corporate deals for national security concerns and holds power to force the company to divest ownership or change major parts of the firm. The rulemaking if finalized would expand the committee's subpoena authority, allow the committee to request more information from parties to a proposed sale and expand circumstances when fines can be imposed and their size

From overcapacity to TikTok, here are issues covered in Yellen's China trip

US Treasury Secretary Janet Yellen and her team are leaving China and returning to Washington after trying to tackle the major questions of the day between the countries. Here's a look at what she tried to accomplish, what was achieved, and where things stand for the world's two largest economies: UNFAIR TRADE PRACTICES Yellen said she wanted to go into the U.S.-China talks to address a major Biden administration complaint that Beijing's economic model and trade practices put American companies and workers at an unfair competitive disadvantage by producing highly subsidized solar products, electric vehicles and lithium-ion batteries at a loss, dominating the global market. Chinese government subsidies and other policy support have encouraged solar panel and EV makers in China to invest in factories, building far more production capacity than the domestic market can absorb. She calls this overcapacity. Throughout the week of meetings, she talked about the risks that come from one ..

Buy TikTok Followers: 5 Best Sites To Buy TikTok Followers in 2024

.

Chinese TikTok sellers complain of strict rules on selling in US mkt

TikTok, used by about 170 mn Americans, has been seeking to strike the right balance between pursuing rapid growth and managing regulatory risks

US TikTok creators warn of economic hit if app banned, call it vital space

Alex Pearlman shut the door on dreams of a standup comedy career almost a decade ago, pivoting from the stage to an office cubicle where he worked a customer service job. Then he started posting random jokes and commentary about pop culture and politics on TikTok. Just over 2.5 million followers later, he quit his nine-to-five and recently booked his first nationwide tour. Pearlman is among the many TikTok creators across the U.S. outraged over a bipartisan bill passed by the House of Representatives on Wednesday that would lead to a nationwide ban of the popular video app if its China-based owner, ByteDance, doesn't sell its stake. The bill still needs to go through the Senate, where its prospects are unclear. Content creators say a ban would hurt countless people and businesses that rely on TikTok for a significant portion of their income, while also arguing TikTok has become an unrivaled platform for dialogue and community. Pearlman, who lives outside Philadelphia, said TikTok h

Facing possible ban from US govt, TikTok turns to its creators to fight it

Many of the creators have met with lawmakers and posted videos about their opposition to the bill with the hashtag #KeepTikTok, often with the irreverent humour the app is known for

US' proposed ban on TikTok 'not fair', says China's foreign ministry

legislators have raised fears that TikTok's US user data could be passed on to China's government

US lawmakers cite India as they vote on bill to regulate TikTok ownership

US lawmakers on Wednesday cited the bold move by India to ban TikTok four years ago as they voted in support of legislation about the Chinese app. In a major bipartisan move, the House of Representatives passed by 352 to 65 votes the Protecting Americans From Foreign Adversary Controlled Applications Act co-authored by Indian American Congressman Raja Krishnamoorthi, a Democrat, and Congressman Mike Gallaghe from the Republican party. The bill, which seeks to control the ownership of foreign apps like TikTok in the US, now heads to the Senate for it to be sent to the White House for the President to sign it into law. Several lawmakers referred to the decision taken by India in 2020 to ban the app. In 2020, India banned 59 Chinese-created apps, including TikTok, emphasising their priority to defend India's national security, said the office of Congressman Greg Murphy in a statement. Lack of transparency from TikTok executives and their unwillingness to protect user privacy and ...

US passes bill that would lead to TikTok ban if Chinese owner doesn't sell

The House on Wednesday passed a bill that would lead to a nationwide ban of the popular video app TikTok if its China-based owner doesn't sell, as lawmakers acted on concerns that the company's current ownership structure is a national security threat. The bill, passed by a vote of 352-65, now goes to the Senate, where its prospects are unclear. TikTok, which has more than 150 million American users, is a wholly owned subsidiary of Chinese technology firm ByteDance Ltd. The lawmakers contend that ByteDance is beholden to the Chinese government, which could demand access to the data of TikTok's consumers in the US any time it wants. The worry stems from a set of Chinese national security laws that compel organisations to assist with intelligence gathering. We have given TikTok a clear choice, said Rep. Cathy McMorris Rodgers, R-Wash. Separate from your parent company ByteDance, which is beholden to the CCP (the Chinese Communist Party), and remain operational in the United States, o

US House to vote on bill that decides ByteDance-owned TikTok's fate in US

Tiktok CEO Shou Zi Chew will visit Capitol Hill on Wednesday on a previously scheduled trip to talk to senators, a source briefed on the matter said

TikTok ban will help Facebook, even if it's national security threat: Trump

Former President Donald Trump said Monday that he still believes TikTok poses a national security risk but is opposed to banning the hugely popular app because doing so would help its rival, Facebook, which he continues to lambast over his 2020 election loss. Trump, in a call-in interview with CNBC's Squawk Box, was asked about his comments last week that seemed to voice opposition to a bill being advanced by Congress that would effectively ban TikTok and other ByteDance apps from the Apple and Google app stores as well as US web hosting services. Frankly, there are a lot of people on TikTok that love it. There are a lot of young kids on TikTok who will go crazy without it, Trump told the hosts. There's a lot of good and there's a lot of bad with TikTok. But the thing I don't like is that without TikTok you're going to make Facebook bigger, and I consider Facebook to be an enemy of the people, along with a lot of the media. When I look at it, I'm not looking to make Facebook double

As Big Tech scrambles to meet EU regulations, investigations seen as likely

The Digital Markets Act (DMA) is one of the most comprehensive regulatory actions to rein in so-called "Big Tech" and is expected to reshape the global technology industry after decades of unfettered