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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe CrowdStrike outage could be a wake up call to DC lawmakers: CSIS Fellow Caitlin Chin-RothmannCaitlin Chin-Rothmann, Center for Strategic and International Studies, joins 'Fast Money' to talk the aftermath of the global tech outage and what it means for lawmakers.
Persons: Caitlin Chin Organizations: DC, Center for Strategic, International Studies
TikTok and its parent company ByteDance spent about $5.4 million on federal lobbying in 2022. TikTok and its parent company ByteDance spent about $5.4 million on federal lobbying in 2022, a roughly 4% increase from the previous year, according to year-end disclosures filed by the companies and their hired lobbying firms on Friday. While ByteDance's and TikTok's lobbying spend remained relatively flat between 2021 and 2022, both years represented a significant spike from 2020 when the companies spent around $2.6 million. In late 2020, the Trump administration attempted to ban TikTok's app from US app stores. TikTok's app has faced similar government-device bans at the state level.
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