bytedance Archives

Nine days before a law goes into effect that would ban TikTok in the United States unless it divests from the social media service, ByteDance will be getting a chance to argue its case before the U.S Supreme Court Two weeks after a U.S Federal Appeals Court upheld the law that set the January 19,[...]

Amid reports that incoming POTUS Donald Trump will be meeting with the folks in charge of the video social media service, TikTok is asking the Supreme Court to drop a temporary injunction on a bill that requires owner ByteDance to divest from the popular social media service by January 19, 2025, or face TikTok being banned in[...]

What impact incoming POTUS Donald Trump will have on the matter remains to be seen but for now? TikTok owner ByteDance still has until January 19, 2025, to divest from the popular social media service or face being banned in the U.S After Trump's 2020 executive order to shutter the app failed in federal court, President[...]

Along with $95B in aid to Ukraine, Israel & Gaza, and Taiwan & the Indo-Pacific, the bill also put TikTok owner ByteDance on the clock – it now has 9 months (possibly 12, at the POTUS's discretion) to divest from the company or see the social media service banned in the U.S over security concerns[...]

And with a stroke of President Joseph Biden's pen, TikTok owner ByteDance now has 9 months (possibly 12, at the POTUS's discretion) to divest from TikTok or the social media service will be banned in the U.S Earlier today, President Biden signed a $95B aid package that included $60B to Ukraine, $26B to Israel &[...]

House of Representatives passed foreign aid bills that would bring financial assistance to Ukraine, Israel, and Taiwan, require the Treasury Department to submit a report on Iranian assets & sanction exemptions – and essentially ban TikTok in the United States unless Chinese owner ByteDance divests its stake in the app over growing concerns that TikTok[...]