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A U.S. appeals court on Tuesday set a fast-track schedule to consider the legal challenges to a new law requiring China-based ByteDance to divest TikTok's U.S. assets by Jan. 19 or face a ban. The ...
TikTok is requiring that U.S. entities registered by sellers be 51% U.S. owned and chaired by an U.S. passport holder, said the vendors and Winnie Wang, executive chairman of the Shenzhen Cross ...
Donald Trump–TikTok controversy. In 2020, the United States government announced that it was considering banning the Chinese social media platform TikTok upon a request from then- president Donald Trump, who viewed the app as a national security threat. The result was that TikTok owner ByteDance —which initially planned on selling a small ...
Zhang Yiming ( Chinese: 张一鸣; born April 1, 1983) is a Chinese internet entrepreneur. He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok ). As of March 2024, Zhang's personal wealth was estimated at US$40.2 billion, according to Bloomberg Billionaires ...
TikTok, whose mainland Chinese counterpart is Douyin, is a short-form video hosting service owned by Chinese internet company ByteDance. It hosts user-submitted videos, which can range in duration from three seconds to 60 minutes. It can be accessed with a smart phone app.
The new legislation provides nine months for TikTok’s Beijing-based parent company, ByteDance, to sell it or face a nationwide prohibition in the United States. The president can grant a one ...
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