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The Senate passed legislation Tuesday that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers that ...
The U.S. Senate voted by a wide margin late Tuesday in favor of legislation that would ban TikTok in the United States if its owner, the Chinese tech firm ByteDance, fails to divest the popular ...
In endorsing the revised TikTok bill, Senate Commerce Committee Chair Maria Cantwell, D-Wash., said that extending ByteDance’s divestment period — what she called her “recommendation ...
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 ...
Corporate structure. TikTok Ltd was incorporated in the Cayman Islands and is based in both Singapore and Los Angeles. It owns four entities that are based respectively in the United States, Australia (which also runs the New Zealand business), United Kingdom (also owns subsidiaries in the European Union), and Singapore (owns operations in Southeast Asia and India).
Recorded 23 March 2023. Chew Shou Zi ( Chinese: 周受资, born 1 January 1983), commonly known as Shou Zi Chew, is a Singaporean businessman and entrepreneur who has been serving as the chief executive officer of TikTok, an online video platform owned by Chinese company ByteDance, since 2021. [1] [2] [3]
Ben Werschkul. April 24, 2024 at 8:17 AM. President Biden signed a landmark bill Wednesday morning that gives China's ByteDance up to one year to divest TikTok or face a US ban on the app. The ...
The chair of the U.S. Senate Commerce Committee said on Wednesday that lawmakers could extend to one year a proposed deadline to force TikTok's parent company, China's ByteDance, to divest the ...