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TikTok is suing the United States government in an effort to stop enforcement of a bill passed last month that seeks to force the app’s Chinese owner to sell the app or have it banned.. The ...
The law requires TikTok’s parent, ByteDance, to sell the platform within nine months. If a sale is already in progress, the company will get another three months to complete the deal. ByteDance ...
TikTok is requiring that U.S. entities registered by sellers be 51% U.S. owned and chaired by an U.S. passport holder, said the vendors and Winnie Wang, executive chairman of the Shenzhen Cross ...
Restrictions on TikTok in the United States. In April 2024, US president Joe Biden signed into law the Protecting Americans from Foreign Adversary Controlled Applications Act, which is an effective ban or forced sale of TikTok from its parent company ByteDance. The video-sharing platform had sparked concerns over potential user data collection ...
On Wednesday, President Biden, worried by potential snooping, signed a bill that forces ByteDance to sell TikTok to a non-China-based company. The law gives ByteDance nine months to sell TikTok ...
TikTok, whose mainland Chinese counterpart is Douyin, is a short-form video hosting service owned by Chinese internet company ByteDance. It hosts user-submitted videos, which can range in duration from three seconds to 10 minutes. It can be accessed with a smart phone app.
Zhang Yiming ( Chinese: 张一鸣; born April 1, 1983) is a Chinese internet entrepreneur. He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok ). As of March 2024, Zhang's personal wealth was estimated at US$40.2 billion, according to Bloomberg Billionaires ...
The bill that Biden signed gives TikTok’s Chinese parent, ByteDance, 270 days to sell TikTok. Failure to do so would lead to significant consequences: TikTok would be prohibited from US app ...
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