A shutdown would have limited impact on ByteDance’s business while the company would not have to give up its core algorithm, said the sources, who declined to be named as they were not authorised to speak to the media. ByteDance declined to comment. It said late on Thursday in a statement posted on Toutiao, a … Read more
The bill is sponsored by Wisconsin Republican Mike Gallagher and Illinois Democrat Raja Krishnamoorthi, the chairman and ranking member, respectively, of the House select committee on the Chinese Communist Party. The legislation aims to curb the influence of foreign-controlled apps within the US. Specifically, it would give ByteDance 165 days to divest from TikTok. If … Read more
A committee in the US House of Representatives advanced two bipartisan bills on Thursday that would compel ByteDance, the Chinese owner of TikTok, to divest the short video sharing app, and require data brokers to prevent personal data collected on the app from being sold to foreign adversaries. Both bills, which were introduced Tuesday, passed … Read more
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