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...The US Senate is weighing a bill that would force the sale of the app over national security concerns, or have it banned....
...The company has organised users to bombard their local US congressional representatives with phone calls protesting against the bill....
...The Republican Speaker said the House would vote on three funding bills — for Israel, Ukraine and Taiwan — and a fourth bill that contains language on the popular video-sharing app similar to that of a measure...
...The House vote paves the way for the Senate to consider the bill, or craft its own measure to tackle TikTok....
...The writer is the founder of Khosla Ventures The US House of Representatives in March overwhelmingly passed a bill to force divestiture of TikTok from its Chinese parent....
...The US lawmakers’ move this week to advance a bill to force a separation of TikTok from Chinese-owned ByteDance over national security concerns has caught investors by surprise, sending them scrambling to...
...Johnson’s backing and the unanimous vote suggest that the bill will have little trouble passing the House....
...It has also prompted lawmakers in both red and blue states to introduce so-called “Taylor Swift” bills aimed at reining in the ticketing giant....
...The move comes as the US Congress prepares for a Saturday vote on a bill to ban ByteDance-owned short video app TikTok if it is not divested to a non-Chinese owner....
...White House aides helped draft the bill, even as Biden’s re-election campaign uses TikTok to try to reach younger voters....
...Bill Ready: Absolutely, yes. In fact, that’s one of the biggest things that attracted me to Pinterest when I joined....
...And the best thing that can happen to them is, we will provide — we will lead their coke dealers — to their homes, after they can’t pay their bills… Go ahead, do your thing, we’ll do our thing....
...TikTok said: “This bill is an outright ban of TikTok, no matter how much the authors try to disguise it....
...“They are like lemmings when it comes to this stuff,” said Bill McGee, a senior fellow for aviation and travel at the American Economic Liberties Project, an anti-monopoly think-tank....
...Byrne said he planned to lay an amendment to the digital markets, competition and consumers bill when it returns to the Commons....
...The bill now heads to the Senate for review, but it looks like some Senators would rather come up with their own bill instead of voting on the House one....
...So this bill is no cause for parental celebration. Here is what a serious bill would look like....
...because the bill has drawn bipartisan support....
...The more complicated path in the Senate has convinced TikTok’s top executives that senators will not back the House bill....
...The Chinese company has accused lawmakers of “jamming through” “secret” legislation to ban the app outright, and called on the Senate to reject the bill....
...ByteDance is also unlikely to list on public markets in the US or arrange for external investors to buy a large chunk of employee shares while the US Senate weighs a bill that could lead to a national ban...
...The brewers, butchers, local builders, steel-mill magnates, property tycoons and pawnshop operators who were among the earlier generation of football club owners have largely been replaced in recent times...
...The company has said ByteDance is not controlled by the Chinese government and that all US data is routed to Oracle Cloud. The US bill now moves to the Senate....
...Beef, the centrepiece of many Christmas dishes and New Year’s Eve barbecues, has risen 40 per cent to roughly 6,000 pesos per kilo ($6.40) in Buenos Aires’ butchers....
...If the Senate passes the bill, it will then go to President Joe Biden’s desk to be signed into law. Biden has vowed to sign the bill if it passes....
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