Gaining Momentum! Steve Mnuchin joins Kevin O' Leary & Rumble to compete for Tik Tok purchase

8 months ago
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House passes a bill that could lead to a TikTok ban if Chinese owner refuses to sell

The House on Wednesday passed a bill that would lead to a nationwide ban of the popular video app TikTok if its China-based owner doesn’t sell its stake, as lawmakers acted on concerns that the company’s current ownership structure is a national security threat.

The bill, passed by a vote of 352-65, now goes to the Senate, where its prospects are unclear.

TikTok, which has more than 170 million American users, is a wholly-owned subsidiary of Chinese technology firm ByteDance Ltd.

The lawmakers contend that ByteDance is beholden to the Chinese government, which could demand access to the data of TikTok’s consumers in the U.S. whenever it wants. The worry stems from a set of Chinese national security laws that compel organizations to assist with intelligence gathering.

Credit: AP News
House passes a bill that could lead to a TikTok ban if Chinese owner refuses to sell
https://apnews.com/article/tiktok-ban-house-vote-china-national-security-8fa7258fae1a4902d344c9d978d58a37

Credit: Fox News
'Shark Tank' star doubles down on TikTok purchase consideration
https://youtu.be/GO5XQj4FdNU?t=97

Credit: NBALA
House passes bill that could ban TikTok from the U.S.
https://youtu.be/UClv4tuUyZk

Credit: CNN
Hear Chinese official react to potential TikTok ban
https://youtu.be/i-WT_jdPNB4?t=242

Credit: MSNBC @msnbc
House passes bill that could ban TikTok
https://www.youtube.com/shorts/dc5ZvmdR_Lk?feature=share

Credit: ABC News
House passes bill to ban TikTok
https://youtu.be/cMruaD-PuRk?t=105

Credit: NBC News
House overwhelmingly passes bill that could ban TikTok
https://youtu.be/EIX3tWbs3J0?t=59

Credit: Schwab Network
Rumble (RUM) Stock Jumps After Offering to Buy TikTok
https://youtu.be/nCBt9QBqB_U?t=10

Credit: KCAL News
Looking at what possible ban of TikTok could mean
https://youtu.be/3-aEnpyfShQ?t=71

Credit: Tik Tok
1) Tik Tok @dejavu_candy

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