Wednesday’s actions by the U.S. Treasury Department are deemed as one of the most wide-ranging sanctions against Chinese companies so far in U.S. government’s sanctions on Russia. The Biden administration took the step days after U.S. Secretary of State Antonny Blinken visited China and ...
This highlighted TikTok’s ability to mobilize users and gather data to shape behavior, a concern for lawmakers wary of its Chinese ties. The House Energy and Commerce Committee voted unanimously, 50-0, to advance the bill, which would require TikTok’s parent company, ByteDance, to sell ...