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☆ New Utah lawsuit claims TikTok Live feature puts children at risk
▼ + stars: | 2024-06-03 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —A new Utah lawsuit accuses TikTok of enabling the sexual exploitation of children through its livestreaming feature. TikTok live allows users to post live videos to the platform, where they can interact with viewers and respond to comments in real time. It also claims that TikTok has insufficient age verification and enforcement measures to ensure the app is being used safely. TikTok has repeatedly pushed back on claims that it is harmful to children’s wellbeing, saying it supports young users with various tools such as automatic time limits. The new Utah lawsuit, which is heavily redacted, claims TikTok has been aware of the misuse of its live feature but has failed to take adequate steps to address the issue.

Persons: TikTok, ” —, Sean Reyes, Michael Hughes, Joe Biden, “ Organizations: New, New York CNN, Utah Locations: New York, Utah, Arkansas, New York City, TikTok, United States, livestream

☆ Billionaire real estate investor Frank McCourt wants to buy TikTok — but he's not interested in the algorithm
▼ + stars: | 2024-05-16 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewReal estate mogul Frank McCourt is the latest person to raise his hand to try to acquire TikTok's US business. Related stories"We thought this was a really fantastic opportunity to accelerate the creation of an alternative internet," McCourt told the Associated Press. McCourt wants to change TikTok's basic business to an open-source model that allows users and creators more control over their data. McCourt told the New York Times that he doesn't want the algorithm. "We doubt very much that China would sell TikTok with the algorithm," McCourt told the Times.

Persons: —, Frank McCourt, McCourt, Kirkland, Ellis, TikTok, Forbes, Tim Berners, Lee, TikTok . McCourt, Eric Schmidt, Steven Mnuchin, he's Organizations: Service, Guggenheim Securities, Business, Associated Press, Liberty, Los Angeles Dodgers, Big Tech, New York Times, Times Locations: China

☆ Internal document shows Google using uncertainty over a TikTok ban to try to win more ad dollars for YouTube
▼ + stars: | 2024-05-08 | by ( Hugh Langley | ) www.businessinsider.com time to read: +4 min

YouTube, TikTok, and Meta are fighting for ad spendA TikTok ban could have huge upside for YouTube. While YouTube is eating up more ad dollars, the platform is still behind Meta in terms of total video ad spend in the US, based on projected data from eMarketer. AdvertisementMeanwhile, TikTok has been gaining ground, with eMarketer predicting TikTok will have almost caught up to YouTube in terms of video ad dollars by 2025 in the US (assuming TikTok isn't banned). And like YouTube, the Chinese-owned app is also trying to take ad dollars away from TV networks and video streamers. It's still not clear how many ad dollars are moving to YouTube Shorts, but Google Chief Business Officer Phillip Schindler talked up the service on the company's latest investor call.

Persons: —, Joe Biden, YouTube's, Sundar Pichai, Zuckerberg, TikTok, isn't, eMarketer, Meta's, It's, Phillip Schindler Organizations: Service, Google, YouTube, Business, Apple, BI, Pew Research Locations: USA

☆ For US renters, the chance of owning a home is going from bad to worse
▼ + stars: | 2024-05-08 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

New York CNN —The American dream of homeownership is looking more like a nightmare. With inflation heating up again, the Federal Reserve is in no position to consider lowering interest rates at its upcoming meetings. That’s according to a New York Fed survey gauging consumers’ expectations of the housing market, released Monday. Consumers are gearing up for even bigger increases compared to the expected rise in mortgage rates over the next year, the New York Fed survey found. The issue of rent affordability is particularly pronounced in New York City, where housing costs have always been notoriously high compared to other parts of the country, absent a brief respite during the pandemic.

Persons: That’s, Kenny Lee, Aditya Bhave, Neel Kashkari, Bhave, ” Bhave, “, Perdue “, ”, Read, TikTok, Joe Biden, Brian Fung, Bytedance Organizations: CNN Business, Bell, New York CNN, Federal, New, Fed, Zillow, Bank of America, CNN, Minneapolis, Bloomberg, United States Department of Labor, Seaboard Triumph Foods, Perdue, Labor Department, Seaboard, Labor, Packers Sanitation Services, Appeals, District of Columbia Circuit Locations: New York, New York City, Fayette, DOL, Sioux City , Iowa, Accomac , Virginia, China

☆ TikTok sues to block prospective US app ban
▼ + stars: | 2024-05-07 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

If it loses, TikTok could be banned from US app stores unless its Chinese parent company, ByteDance, sells the app to a non-Chinese entity by mid-January 2025. But Virginia Democratic Sen. Mark Warner, an advocate for the TikTok legislation, said in remarks on the Senate floor in April that the briefings provided critical insight into the risk TikTok poses. US policymakers have described the law at issue as a forced divestiture of TikTok, not an outright app ban. Some US officials have been trying to ban TikTok from the United States since 2020, when former President Donald Trump moved to block the app by executive order. (Trump has since reversed his position, saying a TikTok ban would only help Meta, a company Trump blames for his 2020 election defeat.)

Persons: Washington CNN — TikTok, Joe Biden, TikTok, Bytedance, “, didn’t, Virginia Democratic Sen, Mark Warner, Warner, they’ve, They’ve, ”, Tuesday’s, ByteDance, TikTok’s, Berman, Evelyn Douek, Biden, Gautam Hans, Hans said, Jennifer Huddleston, Donald Trump, Trump, Douek, ” Douek Organizations: Washington CNN, Appeals, District of Columbia Circuit, Justice Department, Oracle, Foreign Investment, Republican, Democrat, Virginia Democratic, Senate, Stanford University, Cornell University . Still, Apple, Google, Cato Institute, European Commission, Trump Locations: China, United States, TikTok, Israel, Ukraine, Montana, Canada, United Kingdom, India

☆ Congress just passed a potential TikTok ban. Here’s what happens next
▼ + stars: | 2024-04-23 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

Washington CNN —Congress finalized legislation on Tuesday that could lead to a nationwide TikTok ban, escalating a massive threat to the company’s US operations. What does the TikTok legislation do? The earlier TikTok bill had been passed by the House, but it stalled in the Senate. In a procedural move, House Republicans this month attached the revised TikTok bill to the foreign aid package in hopes of forcing the Senate to vote on the TikTok legislation. Bundling the bill with the foreign aid — a top US priority — fast-tracked the TikTok bill and made it more likely to pass.

Persons: Joe Biden’s, Biden, there’s, Will Biden, Jennifer Gay, Mariam Zuhaib, —, TikTok, Shou Chew, ”, Nadine Farid Johnson, ByteDance Organizations: Washington CNN —, Republicans, Senate, White, U.S . Capitol, U.S, TikTok, Columbia University, “ Locations: Israel, Ukraine, United States, Washington, China

☆ Investors are fearful. They shouldn’t be
▼ + stars: | 2024-04-22 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

The economy has been extraordinarily resilient for the past few years — consistently proving the naysayers wrong, he says. For all of the market gloom last week, stocks are still near all-time highs, and this earnings season has been strong. Investors have been worrying about the Federal Reserve keeping rates higher for longer. I speak with many institutional investors, and I don’t see them folding in fear. Residual lubricant reduced the retention of the pad to the pedal,” the NHTSA wrote in the recall document.

Persons: ”, Philipp Carlsson, there’s, Carlsson, Szlezak, they’re, I’m, it’s, I’ve, we’re, TikTok, Brian Fung, Joe Biden, Tesla, Chris Isidore, Peter Valdes Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Boston Consulting, ByteDance, NHTSA Locations: New York, Europe, Ukraine, Israel, Washington

☆ TikTok vows legal challenge to potential US app ban
▼ + stars: | 2024-04-22 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

CNN —TikTok will file a court challenge if Congress passes legislation paving the way to a nationwide ban of the app, a top executive told employees in an internal memo obtained by CNN. He invited employees to an internal town hall scheduled for Wednesday “for additional context.”The memo was earlier reported by The Information. The legislation calls for forcing TikTok’s Chinese parent, ByteDance, to sell the app within 270 days — otherwise it would be illegal for US app stores to offer TikTok for downloads. The legislation also would allow Biden to extend that deadline by another 90 days if he determines there’s been progress toward a sale. Foreshadowing its legal strategy, TikTok has already publicly opposed the bill as an infringement on its users’ First Amendment rights.

Persons: CNN —, TikTok —, Michael Beckerman, Joe Biden, ” Beckerman, Mike Johnson, Biden, ”, Beckerman, didn’t, there’s, TikTok Organizations: CNN, “, Republican, The

☆ What to know about the TikTok ban bill the House passed
▼ + stars: | 2024-04-20 | by ( Brian Fung | ) edition.cnn.com time to read: +6 min

CNN —House lawmakers have once again passed legislation that could lead to a nationwide TikTok ban, renewing a massive threat to the company’s US operations. In March, House lawmakers approved a bill that would give TikTok roughly six months to sell. Another factor that’s shaking things up is how House Republicans inserted the TikTok bill into a much larger foreign aid package. Biden endorsed the prior version of the TikTok bill, which suggests he may quickly sign any foreign aid package that includes similar language targeting TikTok. In addition to complying with the legislation, TikTok could challenge it in court and has made no secret that it might do so.

Persons: TikTok, Joe Biden, there’s, who’ve, Washington Democratic Sen, Maria Cantwell, Paul Gallant, Cowen, Gallant, Joe Biden’s, Biden, —, Shou Chew, ”, Nadine Farid Johnson, ByteDance Organizations: CNN —, White, Washington Democratic, Republicans, House, Senate, Inc, Columbia University, “, TikTok Locations: United States, Ukraine, Israel, China

☆ House passes legislation that could ban TikTok in the US amid high-stakes vote on foreign aid
▼ + stars: | 2024-04-20 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

By attaching the TikTok bill to funding for Ukrainian military equipment and Israeli missile defense, House Republicans put the pressure on Senate lawmakers to consider the whole package in a single up-or-down vote. Policy analysts expect the Senate to take up the aid package quickly, giving it high odds of passage. And President Joe Biden has previously said he would sign the TikTok legislation if it reaches his desk. And in the days leading up to the House vote on Saturday, Senate Majority Leader Chuck Schumer emphasized the urgency of approving the foreign aid. On Saturday, Schumer said in remarks on the Senate floor that there is a tentative agreement for the chamber to take up the foreign aid package on Tuesday.

Persons: TikTok, Joe Biden, ” TikTok, ”, Chuck Schumer, Schumer, Paul Gallant, Cowen, Gallant, ” Gallant Organizations: Washington CNN, ByteDance, House Republicans, Cowen Inc Locations: Israel, Ukraine, Washington, U.S

☆ TikTok is in the hot seat once again in Washington
▼ + stars: | 2024-04-18 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

An earlier version of the TikTok bill sailed through the House in March, but it has become bogged down in the Senate. Opponents, including TikTok and a range of civil society groups, have argued the bill risks violating TikTok users’ First Amendment rights. President Joe Biden has said he would sign the House TikTok bill if it reaches his desk. The latest version of the TikTok bill contains some updates. One key senator who was doubtful of the initial House TikTok bill appeared satisfied.

Persons: TikTok, Mike Johnson, Donald Trump, Joe Biden, there’s, “, Johnson, ”, Washington Democratic Sen, Maria Cantwell, I’ve, Cantwell, Cathy McMorris Rodgers Organizations: CNN, Republicans, Senate, House Republicans, Washington Democratic, Oracle, Republican, Washington Rep Locations: Israel, Ukraine, China, India, Texas

☆ Here’s why YouTube is shelling out to get creators to make short videos
▼ + stars: | 2024-03-28 | by ( Clare Duffy | ) edition.cnn.com time to read: +7 min

New York CNN —YouTube says hundreds of thousands of creators are now earning a paycheck from posting short-form videos on the platform, as it ramps up its race to compete with rivals like TikTok and Instagram. It hasn’t been cheap: the Google-owned platform is shelling out tens of thousands of dollars to some of its top Shorts creators — like beauty influencer Sydney Morgan — every month. YouTube says the fresh data to its ability to incentivize existing creators to try out a new format — and to attract new users. “I make more from just YouTube Shorts (revenue) sharing in a month than I can make on other comparable platforms in a year,” she said. YouTube declined to share data around the total amounts it’s paid to creators for Shorts in the year since it added the feature to the YouTube Partner Program.

Persons: Sydney Morgan —, ” Amjad Hanif, Tara Walpert Levy, Meta, ” Hanif, “ You’re, “ It’s, ”, “ We’ve, ” Walpert Levy, “, ‘, Morgan, YouTubers, ” Morgan, Reddit, aren’t, Destin Sandlin, CNN he’s, ” Sandlin, Sandlin, Hanif, he’s, you’ve Organizations: New, New York CNN, YouTube, Google, Shorts, CNN, Facebook, Kodak, NASA Locations: New York, Instagram, United States

☆ A TikTok ban could be terrible news for Apple and Tesla
▼ + stars: | 2024-03-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

China could retaliate against Apple and Tesla via brand damage campaigns or stifling local ops. AdvertisementA potential TikTok ban in the US could spell trouble for Apple, Tesla, and other American companies operating in China. And on Wednesday, China's foreign ministry warned TikTok ban attempts would "eventually backfire on the US." Deepwater Asset Management managing partner Gene Munster told Business Insider he believes a TikTok ban has a 25% chance of materializing. In a world where there is a TikTok ban, Munster said, "Chinese leadership could expand its anti-iPhone campaign beyond the government."

Persons: TikTok, —, Gene, Munster, Dan Ives, Tesla Organizations: Apple, Service, Asset Management, Gene Munster, Business, Wedbush Securities, BI, Wynn Resorts, Las Vegas Sands, Texas Instruments, IPG Photonics, Financial Times, Huawei Locations: China, United States, Las Vegas, Qualcomm, Munster, —

☆ Banning TikTok could haunt Biden's reelection campaign
▼ + stars: | 2024-03-14 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. While Biden seems set to do just that — he said earlier in March that he'd sign the legislation — the move could easily backfire on his already-struggling 2024 reelection campaign. Lindsay DodgsonMembers of Congress reportedly said before the vote that TikTok's push backfired, making them more likely to vote in favor of it. Related storiesWhile Biden's been on board with the proposed TikTok bill for weeks, it's increasingly seeming like a political miscalculation with the November presidential election approaching. The closer the anti-TikTok bill gets to passing, the more easily he'll be able to convince young voters that Biden's behind the app shuttering, not him.

Persons: —, Joe Biden, Biden, Lindsay Dodgson, Biden's, it's, Donald Trump, Trump, Jeff Yass, gunning, Taylor Organizations: Service, Business, Republican, Biden, New York Times, Trump, White Locations: Yass

☆ Who will buy TikTok from ByteDance?
▼ + stars: | 2024-03-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

At $100 billion, there are few companies that could afford to buy TikTok outright. Citing people familiar with the matter, the Journal wrote that Kotick “floated the idea of partnering to buy TikTok to a table of people that included OpenAI CEO Sam Altman.”CNN couldn’t independently confirm the report. Its one go at the social media scene, the buggy and short-lived Ping, was one of Apple’s biggest flops. And any tech executive or private equity investor thinking of buying TikTok would need to be prepared to enter the social media quagmire. A key question in assessing the value of a TikTok deal is whether China would allow ByteDance to export its algorithm — the secret sauce that keeps TikTok users glued to their phones.

Persons: CNN Business ’, There’s, Joe Biden’s, who’d, Dan Ives, ” Ives, Who’s, ”, Gene Kimmelman, OpenAi, Bobby Kotick, Activision Blizzard, “, Sam Altman, ” CNN couldn’t, Altman didn’t, doesn’t, quagmire, They’d, Mark Zuckerberg, Shou Chew, It’s, Trump, —, Brian Fung Organizations: CNN Business, New York CNN, Senate, Microsoft, Department, Google, ” Meta, Facebook, Street Journal, Activision, ” CNN, Kotick, Apple, Oracle, Walmart, Communist Party, ByteDance Locations: New York, United States, Beijing, Europe, China

☆ Live updates: House to vote on TikTok ban bill
▼ + stars: | 2024-03-13 | by ( Antoinette Radford | ) edition.cnn.com time to read: +1 min

CNNSummer Lucille, a content creator with over 1.4 million followers on her @JuicyBodyGoddess TikTok account, said how lawmakers vote for the bill that could ban TikTok in the US would directly influence who she casts her ballot for in November. So I will have to say this will highly influence who I vote for," she said in an interview on CNN. The bill would prohibit TikTok from US app stores unless the social media platform — used by roughly 170 million Americans — is spun off from its China-linked company, ByteDance. When asked how her business would change if TikTok were owned by an American entity instead of a Chinese company, Lucille responded:"I believe it would change the dynamics of TikTok. We will be limited to what we can say and limited what we can do, which is against the American way."

Persons: Lucille Organizations: CNN, Apple, Google Locations: China

☆ Premarket stocks: Congress has bad news for Wall Street
▼ + stars: | 2024-03-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Dealmaking is the lifeblood of Wall Street. But analysts say that funding cuts in the plan could end up harming mergers and acquisitions on Wall Street, squashing hopes of a recovery in dealmaking. The bad news: Recent regulations and proposed budget cuts threaten to step on those green shoots before they’re able to flower. Why it matters: Dealmaking isn’t just good for Wall Street. Shares of the stock are down nearly 30% so far this year after its seemingly nonstop streak of bad luck.

Persons: New York CNN — Dealmaking, Joe Biden, squashing, It’s, Goldman Sachs, ”, Lucille Jones, Jones, Mitch Berlin, Biden, ’, ” Berlin, That’s, Hewlett Packard, “, TikTok —, Brian Fung, TikTok, Shou Chew, Nadya Okamoto, Okamoto, Teddy Siegel, Siegel, David Goldman, LATAM, it’s, Max Organizations: CNN Business, Bell, New York CNN, Wall, LSEG, Federal Reserve, Federal Trade Commission, Department of Justice, Congressional, Office, CNN, Discover Financial Services, Hewlett, Juniper Networks, Target, Boeing, Alaska Airlines, United Airlines, The National Transportation Safety, Federal Aviation Administration, FAA, NTSB Locations: New York, dealmaking, EY, Berlin, “, LSEG, Australia, New Zealand, Newark

☆ House expected to vote on bill that could ban TikTok amid Trump resistance
▼ + stars: | 2024-03-13 | by ( Clare Foran | Brian Fung | ) edition.cnn.com time to read: +5 min

The House is expected to vote Wednesday on a bill that could lead to a nationwide ban against TikTok, a major challenge to one of the world’s most popular social media apps. Lawmakers on both sides of the aisle who support the bill have argued that it is not a ban. In recent comments to reporters, Wisconsin Republican Rep. Mike Gallagher, who chairs a House select committee on China, rejected characterizations of the bill as a TikTok ban. “This legislation has a predetermined outcome: a total ban of TikTok in the United States,” the company wrote in a post on X. Senate Majority Leader Chuck Schumer on Tuesday would not commit to holding a vote on the House’s TikTok bill, underscoring the uncertainty over what will happen if the House passes the bill as expected.

Persons: Donald Trump, equivocated, TikTok, It’s, Joe Biden, Trump, Mark Zuckerberg, ” Trump, “, Mike Gallagher, “ It’s, ”, Shou Chew, Chuck Schumer, CNN’s Kate Sullivan, Morgan Rimmer, Lauren Fox Organizations: TikTok, ByteDance, Apple, Google, House Energy, Commerce Committee, Facebook, CNBC, Lawmakers, Wisconsin Republican, Chinese Communist Party Locations: China, Beijing, Washington, United States

☆ I’m addicted to TikTok. What do I do now that the House has effectively voted to ban it?
▼ + stars: | 2024-03-13 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

The bill would prohibit TikTok from US app stores unless the social media platform is quickly spun off from ByteDance. Some TikTok users posted videos ahead of Wednesday’s vote showing them calling their representatives and threatening to vote for alternate candidates if they voted to pass the bill. “This process was secret and the bill was jammed through for one reason: it’s a ban,” a TikTok spokesperson said in a statement following the Wednesday House vote. That may be even more true after Biden’s likely opponent in November, former President Donald Trump, said he opposed a TikTok ban, a reversal from his stance as president. App stores that violate the legislation could be fined based on the number of users of a banned app.

Persons: …, Princess, Wales, TikTokkers, ByteDance, Chuck Schumer, “, ”, Dick Durbin, Joe Biden, ” Durbin, Donald Trump, TikTok, Dan Ives Organizations: New, New York CNN, Foreign, House Energy, Commerce, Senate, Apple, Google Locations: New York, ByteDance, It’s, Montana, United States

☆ Analysis: Trump on Social Security cuts and a possible TikTok ban
▼ + stars: | 2024-03-12 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

But Trump’s comments on TikTok and Social Security, both in an unfettered interview on CNBC, suggest not calculation, but confusion about Social Security and ambivalence about TikTok. Social Security was a top issue during the Republican presidential primary, when Trump attacked his GOP opponents, accusing them of wanting to take social security benefits away from older Americans. In an ad-libbed and meandering answer during a telephone interview broadcast on CNBC, Trump seemed to suggest that he was open to cutting Social Security. Have you changed your, your outlook on how to handle entitlements Social Security, Medicare, Medicaid, Mr. President? His answer also did nothing to address Kernen’s larger question, about Social Security and Medicare’s insolvency crisis.

Persons: Donald Trump’s, Joe Biden, Biden, Trump, It’s, CNBC’s Joe Kernen, we’ve, Joe Biden’s, Karoline Leavitt, ” It’s, Abby Phillip, Nikki Haley, ByteDance, ” Trump, ” Biden, Brian Fung, Jeff Yass, Steve Bannon, “ Organizations: CNN, Social Security, Trump, CNBC, Social, Republicans, Republican, GOP, ISIS, Federal Reserve, Treasury Department, South Carolina Gov, House Republicans Locations: Trump, TikTok’s China, China, TikTok, Yass

☆ TikTok creators fear US ban as the House prepares to vote on crackdown bill
▼ + stars: | 2024-03-12 | by ( Brian Fung | ) edition.cnn.com time to read: +6 min

As House lawmakers prepare to vote on the bill Wednesday, TikTok is encouraging users to call their representatives with a full-screen notification about the legislation. Okamoto’s TikTok account features videos on women’s health, sex education and the occasional glimpse into her personal life. Her sisters are TikTok creators in their own right, one of whom is using her income from TikTok to pay her own way through college, Okamoto said. It’s so tired,” said Grey Prnce, who together with her spouse, Grayson France, co-manages the TikTok account @officiallyverygay. Thus was born @Got2GoNYC, a TikTok account that aims to map all the publicly accessible toilets in the city.

Persons: Washington CNN — TikTok, TikTok, Shou Chew, Nadya Okamoto, Okamoto, She’s, “, ” Okamoto, it’s Chew, ”, Grey Prnce, Grayson France, Teddy Siegel, Siegel, ducking, @Got2GoNYC, ” Siegel, it’s, Prnce Organizations: Washington CNN, Target, CNN, Chinese Community Party Locations: China, Beijing, United States, New York City, Utah, Salt Lake City

☆ House GOP pushes ahead with TikTok bill despite Trump opposition
▼ + stars: | 2024-03-11 | by ( Melanie Zanona | Haley Talbot | ) edition.cnn.com time to read: +6 min

And he recognized that TikTok was a national security threat, and we are proceeding, because that threat continues today,” she said. Nowhere in the bill does it say Tiktok,” Pence told CNN. The measure’s fate, however, is less certain in the Senate, but Scalise told CNN he’s had conversations with senators who are “interested” in the legislation. While many senators told CNN they were still reviewing the legislation Monday night, there is a core group of senators who have expressed support or openness to the House bill. “He’s wrong,” Roy, a House Freedom Caucus member, told CNN.

Persons: Donald Trump, Cathy McMorris Rodgers, TikTok, ”, “ I’m, there’s, McMorris Rodgers, “, Morgan Griffith, doesn’t, Jeff Duncan, CNN he’s, we’ve, ByteDance, ” Duncan, “ We’ve, Greg Pence, Bill, can’t, ’, ” Pence, Steve Scalise, Scalise, Shou Chew, Chew, Mariannette Miller, Meeks, Chip Roy, ” Roy, it’s, Tik Tok, Bob Good, Troy Nehls, Trump, ” Nehls, CNN’s Sam Fossum, Manu Raju, Lauren Fox Organizations: CNN — House Republicans, House Energy, Republican, GOP, of Justice, Energy, Commerce, ”, Caucus, CNN, Chinese Communist Party, South Carolina Republican, Republicans, Punchbowl News, Trump, Rep, Iowa Republican, Texas Republican, Communist, Texas Rep Locations: United States, Virginia, Indiana, Texas, China

☆ TikTok: House panel unanimously approves bill that could ban app from US app stores
▼ + stars: | 2024-03-07 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

If enacted, the bill would give ByteDance 165 days, or a little more than five months, to sell TikTok. The legislation also has the support of the White House and House Speaker Mike Johnson. House lawmakers voted unanimously in the same session Thursday to advance a second bill, one that would limit US companies’ ability to sell Americans’ personal information to foreign adversaries. Speaking to reporters on the Capitol steps Thursday, Gallagher rejected characterizations of the bill as a TikTok ban. A legislative factsheet from the sponsors of the House bill claims the proposal does not censor speech.

Persons: ”, TikTok, Shou Chew, Cathy McMorris Rodgers, Frank Pallone, “, ” Pallone, Shou Zi Chew, Jose Luis Magana, Mike Gallagher, Raja Krishnamoorthi, Mike Johnson, Steve Scalise, Washington Sen, Maria Cantwell, ” Cantwell, Gallagher, “ It’s, Dan Crenshaw, It’s, ” Crenshaw, snoop, ByteDance, Trump, Tom Williams, —, “ We’re, Jenna Leventoff, Stephanie Joyce, ” CNN’s Haley Talbot, Melanie Zanona Organizations: Washington CNN, TikTok, House Energy, Commerce, Apple, Google, “, Washington Republican, New, New Jersey Rep, Capitol, Wisconsin Republican, Illinois Democratic Rep, White, Senate, Democratic, Washington, CNN, Chinese Communist Party, Texas Republican, Oracle, American Civil Liberties Union, ACLU, Computer and Communications Industry Association, Foreign Locations: China, New Jersey, Washington, United States, Beijing, State, Rayburn, Montana

☆ Congress hasn’t been able to make social media safer. Here’s why
▼ + stars: | 2024-02-01 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

This has been true since the early 2010s, when tech companies began realizing the benefits of influencing policymakers on issues including net neutrality and privacy. This week, Microsoft announced its support for the Kids Online Safety Act, a leading social media bill. Even when lawmakers can agree on what the problem is, they often disagree on how to solve it, creating a smorgasbord of half a dozen or more social media bills floating around Congress. That would be a huge down payment on a future social media law, said Balkam. But even that proposal is still subject to many of the same dynamics that make social media regulation hard.

Persons: Washington CNN —, ”, Danny Weiss, Ben Thompson, Adam Kovacevich, “ That’s, hasn’t, Republican stonewalling, Weiss, Kovacevich, ” Kovacevich, I’m, ” Weiss, Chuck Schumer, Mike Johnson, Schumer, Nancy Pelosi’s, “, Johnson didn’t, Evan Greer Organizations: Washington CNN, Big Tech, Tech, Sense, Microsoft, Kids, LinkedIn, of, Republican, CNN Locations: Washington, United States

☆ BeReal is set to make its first marketing hire — but experts say it could be too late for the app to recapture its early buzz
▼ + stars: | 2023-09-04 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

BeReal recently posted a job ad for its first-ever communications and marketing lead. Social-media experts said it's probably too late for BeReal to recapture its early buzz. BeReal, the French photo-sharing app startup, is set to make its first-ever marketing hire but social-media experts say it may be too late to recapture the early buzz. But BeReal appeared to have missed its moment to capitalize on its surge in popularity in 2022, experts have said. Ultimately, it could be too late for BeReal to turn itself around without a substantial pivot, experts said.

Persons: BeReal, it's, they've, Colin Kennedy, influencers, Kennedy, Paul Armstrong, Armstrong Organizations: US App Stores Locations: BeReal, Europe

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