Category : Search result: divestiture


US House Votes to Force TikTok Sale or Face Ban

The US House of Representatives has overwhelmingly passed a bill that could lead to a nationwide ban on TikTok unless its Chinese parent company, ByteDance, divests its ownership. The move, citing data security and foreign influence concerns, sets the sta

White House Joins TikTok, Defying Trump's Ban Efforts

The Biden administration has launched an official White House TikTok account, directly challenging Donald Trump's attempted ban of the Chinese-owned app. The move comes just days before a critical court-imposed deadline that could force a nationwide dives

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