Biden Signs Bill Banning TikTok in U.S., CEO Promises to Fight in Court
Wednesday, 24 April 2024 () President Biden just signed a bill banning TikTok in America (unless it's sold to a U.S.-based company) -- but the current CEO says they're gonna fight like hell ... vowing to go to court. TikTok's head honcho Shou Zi Chew posted a video Wednesday…
Welcome to Fan Reviews News. President Joe Biden has signed a bill that could potentially ban TikTok, but here's the catch: it won't happen until after the 2024 election. The legislation gives TikTok's parent company, ByteDance, nine to twelve months to sell the popular video-sharing app or face a...
The White House defended President Biden's comments on 'xenophobia' regarding India, China, and Japan, stressing the positive role of immigrants in the US. Biden's remarks, made at a Democratic Party fundraiser, linked economic challenges in these countries to xenophobia, but faced criticism. Nonetheless, the White House reaffirmed Biden's commitment to strengthening ties with allies like India and Japan.
#WhiteHouse #PresidentBiden #JapanIndia #USIndia #USJapan #Xenophobia #BidenGaffe #USnews #Worldnews #Oneindia #Oneindianews
~HT.99~PR.152~ED.155~
President Biden's got a nice chunk o' change for his campaign war chest after visiting Los Angeles, but it did the opposite for the city ... draining millions.. TMZ.com
Join us as we delve into Donald Trump's candid conversation with the Milwaukee Journal Sentinel regarding his plans if he loses the 2024 White House race to Biden. Trump's remarks on election integrity and potential outcomes shed light on his post-election strategy. Stay tuned for insights and analysis on this critical issue.
#USNews #USPresidentialElection #UnitedStates #AmericanElection #DonaldTrump #JoeBiden #BidenvsTrump #TrumpSpeech #Oneindia
~HT.178~PR.274~ED.103~GR.124~
Raven-Symoné is coming to her wife Miranda Maday's defense after she received death threats for saying she wasn't familiar with the former Disney star's work... TMZ.com
'Bachelorette' alum Jason Tartick is taking his new relationship with TikTok star Kat Stickler out of the shadows and into the spotlight ... as the pair stepped.. TMZ.com
Jelly Roll's wife, Bunnie XO, caught heat over a video where she met her "hall pass" -- something the internet was outraged about ... but she's not sweating it,.. TMZ.com
ByteDance Says , It Won't Sell TikTok.
The United States passed a law on April 24 that requires ByteDance to sell TikTok
in 2025 or be banned across the nation.
The United States passed a law on April 24 that requires ByteDance to sell TikTok
in 2025 or be banned across the nation.
In response to a news article claiming ByteDance was considering selling TikTok
in America without its algorithm.
the Chinese company said,
"Foreign media reports of ByteDance
selling TikTok are not true," BBC reports. .
ByteDance doesn't have
any plans to sell TikTok, ByteDance, via statement.
TikTok has continuously denied claims that its parent company is controlled by the Chinese government.
We are confident and we will keep
fighting for your rights in the courts, Shou Zi Chew, TikTok CEO, via statement.
The facts, and the Constitution,
are on our side... rest assured,
we aren't going anywhere, Shou Zi Chew, TikTok CEO, via statement.
The Chinese government, which has also denied
any ties to ByteDance, said that banning TikTok
would "inevitably come back to bite the U.S.".
BBC reports that 60% of TikTok shares are currently "owned by institutional investors, including major U.S. investment firms.".
20% is owned by ByteDance founder Zhang Yiming, and 20% is owned by global employees.
Out of ByteDance's five board members,
three are American, BBC reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
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
Regulators close Philadelphia-based Republic First Bank, first US bank failure this year. Man who filmed death of Ashli Babbitt during January 6 riot sentenced to six years in prison. DOJ’s..
Protestors have turned to rioters across the United States in the name of a TERRORIST Organization. Kids found out though that Texas aint the place to do it! Gov Abbott made it clear that they need to..
The US government passed a bill that could lead to a ban on TikTok unless its Chinese owner ByteDance sells the platform within a year. Lawmakers are concerned about ByteDance sharing user data with..