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TikTok officials claim the bill would give ByteDance a narrow timeline – 180 days – to find a buyer with the resources to buy TikTok and to overcome the technical challenges involved in ...
The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its ...
You can invest TODAY for just $0.26/share with a $1000 minimum. Oxford Economics released a report in March 2024 that reveals TikTok’s impacts on U.S. businesses.
Message displayed to US users on the TikTok app during the shutdown on January 18, 2025. The short-form video-hosting service TikTok has been under a de jure nationwide ban in the United States since January 19, 2025, due to the US government's concerns over potential user data collection and influence operations by the government of the People's Republic of China.
The result was that the parent company of TikTok, ByteDance—which initially planned on selling a small portion of TikTok to an American company—agreed to divest TikTok to prevent a ban in the United States and in other countries where restrictions are also being considered due to privacy concerns, which themselves are mostly related to its ...
"TikTok, we mean business," Donaldson said, adding, "We have an offer ready for you. We want to buy the platform. America deserves TikTok. Give me a seat at the table. Let me save this platform ...
The No TikTok on Government Devices Act was originally introduced in 2020 by Senator Josh Hawley (R-MO) and passed the United States Senate by unanimous consent on August 6, 2020. [3] The bill ( S. 1143 ) was reintroduced on April 15, 2021, by Senator Hawley and it passed the Senate by unanimous consent again on December 14, 2022.
On Jan. 13, Donaldson began discussion of his potential bid for TikTok with a post on X that read: “Okay fine, I’ll buy Tik Tok so it doesn’t get banned” In a video posted on Jan. 15 ...