As congressional members from both parties sharpened their rhetorical knives in preparation for TikTok Chief Executive Shou Zi Chew's testimony Thursday, the...
As congressional members from both parties sharpened their rhetorical knives in preparation for TikTok Chief Executive Shou Zi Chew’s testimony Thursday, the embattled company launched a counteroffensive.
On Tuesday, TikTok said it had updated rules and standards for content, and Chew said in a 69-second video on TikTok that the hearing “comes at a pivotal moment” for the 150 million Americans who use the video-sharing app. TikTok is owned by Chinese company ByteDance. Chew’s first appearance before Congress comes as President Joe Biden has expressed his support for a bipartisan bill to ban TikTok in the U.S. Ratcheting up its pressure campaign, the administration has issued an ultimatum: If TikTok’s Chinese owners don’t sell their stakes in the company, the app could face a U.S. ban. Last month, the White House said it was giving U.S. federal agencies 30 days to delete TikTok from all government-issued mobile devices.
Nearly all efforts by the federal government over the past few years to come down on influential tech companies have foundered. In addition to the FTC’s high-profile loss to Meta, legislative efforts to rein in anticompetitive business practices have fizzled in Congress. Meanwhile, Justice Department lawsuits against Google are proceeding slowly.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
TikTok Chief Executive Shou Zi Chew to Face Skeptical LawmakersTikTok CEO Shou Zi Chew can expect a chilly reception when he testifies before the powerful House Energy and Commerce committee this week, Republican aides said
Les mer »
These People Avoid the TikTok App, Not the TikTok VideosGiven the possible ban, some find ways to duck the algorithm and security concerns but keep watching TikTok’s viral content.
Les mer »
Exclusive: TikTok’s CEO on the App’s Future in the U.S. - The Journal. - WSJ PodcastsTikTok CEO Shou Zi Chew is due to testify before Congress this week, as the Biden administration demands that TikTok’s Chinese owners sell their stakes in the company or face a possible U.S. ban of the app. In this exclusive interview with WSJ’s Stu Woo, the TikTok CEO said a sale won’t solve Washington’s security concerns. Further Reading: - TikTok CEO’s Message to Washington: A Sale Won’t Solve Security Concerns Further Listening: - How TikTok Became the World’s Favorite App - What’s Up With All the TikTok Bans?
Les mer »
WSJ News Exclusive | Jamie Dimon Leading Efforts to Craft New First Republic Bank Rescue PlanBreaking: JPMorgan Chase CEO Jamie Dimon is leading discussions with the chief executives of other big banks about fresh efforts to stabilize troubled First Republic Bank
Les mer »
Breakingviews - Benefits of US political accord accrue to TikTokTikTok has one incentive to keep American politicians united. When Americans bicker about political issues, U.S. media outlets like CNN and Facebook steal eyeballs. But when they get along, they seem to have more time for TikTok. As Chief Executive Shou Zi Chew goes in front of Congress this week, he might remember that benefits can accrue to him if representatives remain cooperative.
Les mer »
Why SEPTA has to pay $450,000 in salary to an executive it terminated in 2021After SEPTA’s former deputy general manager Robert Lund left the agency as part of a reorganization, his contract requires SEPTA to pay him for 18 months.
Les mer »