๐ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐ฅ
โ
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator โ
Log In
News on Medial
The bill that could ban TikTok passes in the House
TechCrunch
ยท
1y ago
Medial
The House of Representatives has passed a bill that would require social media platform TikTok to sever ties with its parent company, ByteDance, within six months or face being banned in the US. The bill received bipartisan support, with a vote of 352-65. However, the fate of the legislation remains uncertain as it heads to the Senate. TikTok has urged the Senate to consider the potential impact on the economy and the millions of Americans who use the platform. Former President Donald Trump, who initially sought to ban TikTok, now opposes the move.
View Source
Related News
House passes bill that could ban TikTok
The Verge
ยท
1y ago
Medial
The US House has voted in favor of a measure that could lead to the ban of TikTok unless the popular video-sharing app separates from its Chinese parent company, ByteDance. The bill would penalize app stores and web hosting services that still host TikTok. Although the legislation still needs to clear the Senate, President Joe Biden has already expressed his support. The move comes amid concerns that Chinese law could force ByteDance to hand over information on US users, posing a national security risk. TikTok has denied storing US user information in China and has been working on data protection measures.
View Source
U.S. House passes revised bill to ban TikTok or force sale
TechCrunch
ยท
1y ago
Medial
The US House of Representatives has passed a bill that would require the sale of popular social media app TikTok or face a ban in the country. The bill provides ByteDance, TikTok's parent company, with a nine-month window to sell the app, with an additional 90-day extension possible. The bill received overwhelming support from both Republicans and Democrats. If passed by the Senate, President Joe Biden has indicated he will sign it. TikTok is expected to challenge the bill in court if it becomes law. Concerns over national security threats and data privacy have been cited as reasons for the proposed ban.
View Source
US Senate passes TikTok divestment-or-ban bill, Joe Biden set to make it law
Economic Times
ยท
1y ago
Medial
The U.S. Senate has voted to ban TikTok in the country if its owner, ByteDance, does not divest the app within the next nine months to a year. The move comes amid concerns that Chinese access to Americans' data through the app poses a national security risk. The bill has been passed by the U.S. House of Representatives and President Joe Biden is expected to sign it into law. TikTok plans to challenge the legislation on First Amendment grounds. The ban could set a precedent for other countries to follow suit.
View Source
US House overwhelmingly passes TikTok ban bill
Economic Times
ยท
1y ago
Medial
The US House of Representatives has passed a bill that could force TikTok to divest from its Chinese owner, ByteDance, or face a ban in the United States. The legislation gained bipartisan support and threatens the popular video-sharing app's future in the country. However, the fate of the bill remains uncertain as it moves to the Senate, where some lawmakers are hesitant about taking such drastic action against an app with 170 million US users. The bill also grants the president the power to designate other applications as national security threats. TikTok's parent company has 180 days to sell the app or risk being barred from app stores in the US.
View Source
Watch: The TikTok ban, or at least the effort to force its sale, is gaining steam
TechCrunch
ยท
1y ago
Medial
A House subcommittee has passed a bill that could lead to a sale of TikTok or a ban on the app in American app stores. Former President Donald Trump has now come out in support of TikTok, while Elon Musk opposes the ban. Congress appears largely in agreement, citing concerns over data safety and potential political interference. The question remains: should TikTok be divested to resolve these issues?
View Source
Trump says without TikTok, 'Facebook and Zuckerschmuck will double their business'
Business Insider
ยท
1y ago
Medial
Former President Donald Trump has expressed concern over the potential ban of TikTok in the US. He believes that eliminating the app could strengthen Facebook and its CEO, Mark Zuckerberg. Trump's comments come after TikTok users launched a campaign against a proposed bill that would ban the app or require its sale to a non-Chinese company. The White House supports the bill, which aligns with Trump's previous stance on TikTok. Trump has a history of feuding with Zuckerberg, calling him a "criminal" and accusing him of interfering in elections.
View Source
Hoping to stall a ban, TikTok says it generated $14.7B for US small businesses last year
TechCrunch
ยท
1y ago
Medial
TikTok has released an economic impact report in an attempt to fend off a potential ban in the US. The report claims that the platform generated $14.7bn for small to mid-sized businesses last year, resulting in $24.2bn in total economic activity. It also states that over seven million US businesses rely on TikTok, with 224,000 jobs supported by small business activity on the platform. The release of the report coincides with a bill that could ban TikTok gaining bipartisan support in the House of Representatives. The bill will now go to the Senate for consideration.
View Source
TikTok ban: How Congress could force ByteDance to sell or push the app out of the U.S.
TechCrunch
ยท
1y ago
Medial
The US House of Representatives has passed a bill that could potentially lead to a ban of the social media app TikTok in the country. The app, owned by Chinese tech company ByteDance, has faced scrutiny over national security concerns. The new bill, which would require ByteDance to sell TikTok or separate it from its Chinese ownership, has garnered bipartisan support but still needs to be approved by the Senate. TikTok has denied any allegations of being a security threat and has actively campaigned against a potential ban.
View Source
TikTok a US security threat, says Trump, similar to Facebook
Economic Times
ยท
1y ago
Medial
Republican presidential candidate Donald Trump expressed his concerns about TikTok as a national security threat, comparing it to other social media platforms like Meta's Facebook. Lawmakers are considering a bill that would require TikTok's owner, ByteDance, to divest the app within six months. The U.S. House of Representatives will vote on the legislation this week. Trump also criticized Facebook, stating that a ban on TikTok would benefit the company. TikTok argues that the bill essentially amounts to a ban and raises concerns about infringements on free expression. It remains uncertain if China would approve a sale or if TikTok could be divested within the given timeframe.
View Source
Explainer: Will TikTok be banned in the US and what is next for the bill?
Economic Times
ยท
1y ago
Medial
The U.S. House of Representatives has passed a bill giving TikTok's owner, ByteDance, six months to divest its U.S. assets or face a nationwide ban. Concerns have been raised that TikTok's management could be influenced by the Chinese government, posing a threat to U.S. national security. The bill passed in a bipartisan vote, with most Republicans supporting it. If the bill becomes law, TikTok could be removed from app stores, making it difficult for users to access the platform. China has previously banned TikTok in India, Nepal, and several other countries. The bill now faces review in the Senate.
View Source
Trackers
Active Indian VCโs
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything thatโs happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in