NY Sen. Kirsten Gillibrand calls for TikTok vote, adding pressure for Chuck Schumer
New York State Sen. Kirsten Gillibrand has become the latest lawmaker to voice support for a possible ban on TikTok. “As a member of the Senate Select Committee on Intelligence, I am deeply concerned about the national security concerns posed by TikTok, whose parent company ByteDance is under the influence of the Chinese Communist Party,” […]
Inflation pops, Boeing battered, TikTok in play and Bernie Sanders flips out
Ken Fisher, founder and chairman of Fisher Investments, discusses the Fed’s plans to cut interest rates and talks about the stock market’s decline as inflation continues on “Kabuto: Coast to Coast.” – Wall Street ends the week on a down note, but Bitcoin investors continue to celebrate -Boeing’s reputation is getting worse -Inflation gradually rises […]
Senators signal bipartisan backing for TikTok divestment from China
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Bill to Ban China’s TikTok Expected to Face Fight in Senate
Chinese-owned social media giant TikTok could soon be forced to cease operations in the United States if a bill recently passed by the House of Representatives becomes law. This bill is expected to have a very difficult time passing the Senate. CBS News report Americans’ access to China’s TikTok is at risk as a bill […]
Trump considering billionaire TikTok investor Jeff Yass for Treasury secretary: report
Former President Donald Trump is considering hiring hedge fund manager Jeff Yass to be his Treasury secretary if he wins November’s presidential election, it was reported Thursday. Yas’ investment company, Susquehanna International Group, owns a 15% stake in ByteDance, TikTok’s Chinese parent company, and Yas personally owns a 7% stake in the company, worth about […]
Mnuchin says he’s assembling group to buy TikTok
Former Treasury Secretary Steven Mnuchin said Thursday that he is forming a group to buy TikTok after the House passed a bill that would require TikTok’s China-based parent company to sell. “I think the bill should pass, and I think it should be sold,” Mnuchin said on CNBC’s “Squawk Box.” “This is great business. We’re […]
CEO of Communist China’s TikTok Urges Americas to ‘Protect Your Constitutional Rights’
Xiang Chu, CEO of communist China’s TikTok, has proposed legislation that would ban Chinese apps in the US unless Chinese tech giant ByteDance sells the social media platform within six months. Reacted to the House passing the bill. “Protect your constitutional rights,” Chu sarcastically told American TikTok users. “I just wanted to share my thoughts […]
James Comer mounts crackdown on China’s influence in US after TikTok bill vote
House Oversight Committee Chairman James Comer launched a “whole-of-government” investigation into the Chinese Communist Party’s influence in the United States, a day after the House passed a bill to ban TikTok in the United States. Comer (R-Ky.) on Wednesday issued a flurry of requests to nine different government agencies seeking information on steps taken to […]
Mnuchin putting together US investor group to buy TikTok
See what’s being clicked on FoxBusiness.com Former Treasury Secretary Steven Mnuchin is open to buying TikTok after the House passed a bill that would force China-based parent company ByteDance to sell TikTok to U.S. interests over national security concerns. We are forming a US investor group. “This is a great business, and we’re going to […]
TikTok CEO Shou Chew tells users to ‘make your voices heard,’ contact senators as House bill gains steam
Defiant TikTok CEO Shou Chu urges Americans to “make their voices heard” against banning Chinese-owned app, overwhelmingly approves bill to force parent company ByteDance to divest It effectively criticized the members of the House of Representatives who passed the bill. Chiu doubles down on his company’s aggressive pressure campaign even after TikTok reportedly infuriated members […]