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TikTok's Once-Beloved Congressman Faces Heat For Voting on Banning or Selling the App: 'I Did Not Handle This…'
Tuesday, March 19, 2024 - 7:05am | 1052Rep. Jeff Jackson (D-N.C.) has lost thousands of TikTok followers after he voted in favor of the bill that would effectively ban the app in the U.S. if it was not sold. What Happened: Last week, after the House of Representatives passed the bill to force the sale of TikTok and Rep. Jackson...
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Venture Capitalist David Sacks Slams US Government For 'Wetting Their Beds' Over TikTok Security Fears While Ignoring Southern Border Risks
Tuesday, March 19, 2024 - 5:59am | 613David Sacks, a prominent venture capitalist, has criticized Washington’s focus on TikTok, a popular video-sharing app, in the face of a porous southern border. What Happened: Sacks took to social media platform X, formerly known as Twitter, to express his disbelief at Washington’s...
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TikTok's Parent Company ByteDance's Researcher Under Fire For Allegedly Spying On US AI Safety Conversations
Tuesday, March 19, 2024 - 4:50am | 650The U.S. National Institute of Standards and Technology (NIST) has accused a researcher from ByteDance, the parent company of TikTok, of unauthorized access to an American artificial intelligence (AI) safety group chat. What Happened: The researcher, based in California, was added to a Slack...
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TikTok Ban: China Has The Power To Block Sale, Gains Leverage Over Washington
Monday, March 18, 2024 - 4:07pm | 1043Last week, the House of Representatives moved forward on a bill that could ban TikTok in the U.S. unless it is sold by its owner ByteDance Ltd. The move has already faced rejection from Beijing and is risking adding yet another complication to the already unstable relationship between the world's...
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Elon Musk Once Revealed Why He 'Stopped' Using TikTok: It's 'Probing My Brain'
Sunday, March 17, 2024 - 5:04pm | 593While TikTok’s future in the U.S. is in doubt, let’s fo back a few months when tech billionaire Elon Musk disclosed the reason behind his discontinuation of using the platform, which now seems like a common concern around the ByteDance-owned platform. What Happened: Last year in August...
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Elon Musk Says TikTok Bill 'Far Too Broad': 'It Will Be Abused In The Future'
Friday, March 15, 2024 - 3:21am | 703Billionaire owner of social media platform X, Elon Musk has criticized the proposed TikTok bill, warning that it could be misused in the future. What Happened: Musk took to X, formerly known as Twitter to express his concerns about the proposed legislation. He believes that the bill if passed,...
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Why Did Donald Trump Change His Mind About TikTok? 'Follow The Money' Says Rep. Nancy Pelosi
Thursday, March 14, 2024 - 6:32pm | 920Former President Donald Trump surprised some people when he shared he was against banning TikTok. While Trump criticized the potential ban and the positive impact it could have on Meta Platforms Inc (NASDAQ:META), there could be a bigger reason for the former president's reversed course. What...
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TikTok Bidding War? Mnuchin, Kotick Emerge As Potential Buyers
Thursday, March 14, 2024 - 2:33pm | 924The stage could be becoming set for a bidding war for TikTok if legislation is passed in the U.S. requiring the social media platform’s Chinese owner, ByteDance, to sell the company. The House of Representatives on Wednesday voted in favor of a bill that would force ByteDance to either sell...
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Congress Moves To Ban TikTok: Could Members Benefit From Positions In Social Media Stocks Like Meta Platforms?
Thursday, March 14, 2024 - 1:03pm | 856A bill to push for TikTok parent company ByteDance to sell the company or face a ban passed the U.S. House of Representatives on Wednesday. News of the potential sale or U.S. ban could have a huge impact on content creators and could also see rival social media platforms benefit. What Happened: The...
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Gene Munster Echoes Trump On TikTok Ban: 'Small Amount Of Good News' For Zuckerberg's Meta
Thursday, March 14, 2024 - 12:39am | 703Deepwater Asset Management managing partner Gene Munster on Wednesday echoes former President Donald Trump's views on the TikTok ban debacle. What Happened: Munster took to X, formerly Twitter, and said, "TikTok ban took another step forward today with the House passing a bill to requiring...
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Apple, Tesla 'Most Likely To Be Affected' If China Claps Back After TikTok Crackdown, Says Expert: 'I Think For Sure There Would Be Retaliation'
Wednesday, March 13, 2024 - 10:12pm | 833The TikTok crackdown bill, which has been approved by the House of Representatives, is now heading to the Senate. Eric Jackson has warned of potential retaliation, with Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA) possibly being targeted. What Happened: The bill, if passed by the Senate and...
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Mark Cuban Points To Musk's X In Push For Open Algorithms, Aiming To Safeguard Kids Amid TikTok Ban Concerns
Wednesday, March 13, 2024 - 4:37am | 723Amid the looming ban on TikTok, billionaire entrepreneur Mark Cuban gave the example of Elon Musk and X while voicing his opinion on social media platforms and their obligations towards underage users. What Happened: On Wednesday, Cuban took to X, formerly Twitter, to express his views on the...
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TikTok Influencers Lobby Congress Against Ban Bill: 'I Will Fight Tooth-And-Nail For This App'
Tuesday, March 12, 2024 - 10:10pm | 705In a bid to thwart the potential ban of TikTok in the U.S., the platform has enlisted its influential content creators to lobby Congress. What Happened: TikTok, owned by ByteDance, has deployed its top influencers to Washington to persuade lawmakers to reject a bill that could lead to the sale...
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What's Next for TikTok? Platform Maps Out Strategies To Stop US Ban Efforts, Though Biden Says He's Ready To Sign Bill
Monday, March 11, 2024 - 7:10pm | 661Legislation aiming to ban TikTok in the U.S. or force its sale was rapidly progressing through the House, signaling the potential shutdown of the popular app. Lawmakers cited concerns over data sharing with the Chinese government and potential propaganda dissemination. See Also: Is TikTok...
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Is TikTok Finally Getting Banned? Key House Committee Vote Moves Potential Ban Closer To Reality
Friday, March 8, 2024 - 4:33am | 646In a significant development on Capitol Hill, a key committee has taken a step that could lead to the prohibition of the popular social media app TikTok in the United States. What Happened: The House Energy and Commerce Committee has united across party lines to move forward a bill that may result...