Results for: TikTok

Despite the looming threat of a ban, TikTok’s industry partners remain steadfast in their support for the platform. Citing its massive popularity and cultural influence, advertising executives and music industry professionals express their continued commitment to TikTok until its potential demise. Even Universal Music, once at odds with TikTok, has resumed negotiations, recognizing the platform’s significance. TikTok’s influence extends beyond entertainment, becoming a significant music discovery source for teens and surpassing YouTube in this regard. The company’s confident legal challenge to the ban underscores its determination to stay afloat. Meanwhile, rival platforms, such as YouTube, actively pursue TikTok’s users and advertising revenue, with short-form video content emerging as a key focus.

President Joe Biden has signed a bill requiring parent company ByteDance to divest TikTok within nine months. If ByteDance fails to do so, TikTok will be effectively banned in the United States. The bill was included in a $95 billion foreign aid package that President Biden signed on Wednesday morning. It gives China-linked parent company ByteDance nine months to sell TikTok. If progress is being made toward a sale, President Biden can extend the deadline another three months. If ByteDance fails to divest TikTok within that time frame, the app would be effectively banned in the United States and removed from Apple’s App Store.

President Biden signed a $95 billion war aid measure to provide military assistance to Ukraine, Israel, and Taiwan, including provisions to force the sale or ban of the social media platform TikTok in the U.S. The bill’s passage marks the end of a months-long battle with Republicans over urgently needed aid for Ukraine. The bill includes $61 billion specifically allocated for Ukraine, including air defense capabilities, artillery rounds, and armored vehicles to bolster Ukrainian forces suffering from dwindling morale due to Russian advancements. Despite the aid, experts caution that Ukraine faces an uphill battle with months of setbacks, while Russia focuses on capturing Kharkiv. The signing comes after months of negotiations between the White House and House Speaker Mike Johnson, who faced threats from far-right Republicans against the funding. Senate Minority Leader Mitch McConnell warned that the delay in providing aid could impact Ukraine’s ability to win the war, while former President Donald Trump has shifted his stance to acknowledge the importance of supporting Ukraine. The aid is seen as crucial in preventing further Russian aggression and strengthening NATO’s defense capabilities.

President Biden has signed into law a $95 billion war aid measure that includes assistance for Ukraine, Israel, and Taiwan. The measure also includes a provision that could force TikTok to be sold or banned in the U.S. The announcement ends a long and contentious battle with Republicans in Congress over the urgently needed assistance for Ukraine.

The US Senate has passed a bill that would ban TikTok in the United States unless it is sold off by its Chinese owner, ByteDance. The bill cites concerns that TikTok could be used to collect data on American users for the Chinese government. ByteDance has denied these allegations, but the bill has garnered significant support in Congress. The bill now faces numerous legal challenges and it could be at least nine months before any ban would take effect.

President Biden has signed into law a $95 billion war aid measure that provides aid to Ukraine, Israel, and Taiwan. The bill also includes a provision that would force social media site TikTok to be sold or be banned in the United States. The funding package, which was approved by Congress after a months-long battle, includes $61 billion for Ukraine, $14.5 billion for Israel, and $8 billion for Taiwan. The aid to Ukraine is expected to include air defense capabilities, artillery rounds, armored vehicles, and other weapons. The package also includes $675 million for the deployment of U.S. troops to Europe and $2.8 billion for the Pentagon’s efforts to help train and equip Ukrainian forces. The funding for Israel is intended to help the country replenish its Iron Dome missile defense system, which has been used to intercept rockets fired from Gaza. The aid to Taiwan is intended to help the country defend itself against potential aggression from China. The TikTok ban provision was included in the bill by Republican lawmakers who have raised concerns about the app’s ties to the Chinese government. The provision would require TikTok to sell its U.S. operations within 90 days or be banned from operating in the country. TikTok has said it is not controlled by the Chinese government and that it is committed to protecting user data.

President Biden signed a comprehensive $95 billion foreign aid package, predominantly designated for Ukraine’s defense against Russia. The legislation also contains provisions to either ban TikTok or force the Chinese company ByteDance to divest from the platform. Other allocations include support for Israel-Hamas conflict, counter-China initiatives, and humanitarian aid for Palestinians.

President Biden has signed legislation that could potentially ban TikTok in the United States. The bill gives TikTok’s Chinese parent company, ByteDance, nine months to sell the video-sharing app or face a nationwide ban. The move reflects ongoing concerns about the platform’s potential impact on national security. TikTok has vowed to challenge the ban in court, arguing that it is unconstitutional. The legislation’s passage follows months of political debate and negotiations between lawmakers.

A bill to force TikTok’s Chinese parent company, ByteDance, to sell the app within a year or face a ban in the U.S. has passed the Senate. The bill is expected to be signed by President Biden, bringing the potential TikTok ban one step closer to reality.

In a significant move, the US Senate has overwhelmingly passed legislation that would mandate the divestment of the popular social media app TikTok from its Chinese parent company, ByteDance, within the next nine to twelve months. This move comes amid escalating tensions between the US and China over technology and cybersecurity.