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WASHINGTON (Reuters) -The U.S. Justice Department filed a lawsuit Friday against TikTok and parent company ByteDance for failing to protect children's privacy on the social media app as the Biden ...
The Federal Trade Commission on Wednesday voted unanimously to ban marketers from using fake reviews, like those generated with AI technology, and other misleading practices to promote their ...
The Protecting Americans from Foreign Adversary Controlled Applications Act ( PAFACA) is an act of Congress that was signed into law on April 24, 2024, as part of Public Law 118-50. It would ban social networking services within 270 to 360 days if they are determined by the president of the United States and relevant provisions to be a "foreign ...
TikTok's parent company is ByteDance Ltd., of which 60% is owned by global investors, 20% by its Chinese co-founders and 20% by employees, TikTok said
On March 17, 2023, the United States Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) officially launched an investigation of TikTok, including allegations that the company spied on American journalists. [ 9] On January 25, 2023, Missouri Senator Josh Hawley introduced a bill to ban the platform nationwide.
A new subsidiary, TikTok U.S. Data Security Inc. (USDS), was created to manage user data, software code, back-end systems, and content moderation. It would report to the Committee on Foreign Investment in the United States (CFIUS), not ByteDance or TikTok, even for hiring practices.
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Interested TikTok buyers are beginning to circle after the House passed a bill Wednesday that could force a sale of, or ban, the app if signed into law.