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In April, President Joe Biden signed into law a bill that would ban TikTok in the U.S. if the social media platform’s China-based owner doesn’t sell its stake within a year.
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 ...
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 ...
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 ...
Restrictions on TikTok in the United States. In April 2024, U.S. 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 ...
TikTok, whose mainland Chinese counterpart is Douyin, [a] [3] 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 60 minutes. [4] It can be accessed with a smart phone app .
Biden, for his part, signed legislation in late April requiring TikTok’s China-based parent company ByteDance to sell the app within roughly a year or face a ban on U.S. app stores and networks.
Website. tiktok.com. Shou Zi Chew ( Chinese: 周受资; born 1 January 1983) is a Singaporean businessman who has been serving as the chief executive officer of TikTok, an online video platform owned by Chinese company ByteDance, since 2021.
China weighs its options with TikTok. The latest congressional action marks another twist in a yearslong effort to limit the scale and influence of a social media app that has grown to more than ...
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. Founded by Zhang Yiming, Liang Rubo and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.