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After TikTok Vote, Will a Ban or Sale Come Next?

by Index Investing News
March 13, 2024
in World
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SUBSCRIBER+ EXCLUSIVE REPORTING – In some ways, Wednesday’s House vote to ban or force the sale of the social media app TikTok was a landmark moment. For the first time, U.S. lawmakers passed legislation targeting a Chinese-owned entity that also happens to be one of the most popular apps in the world. It was a bipartisan vote, and it wasn’t close; the measure passed by a 352-65 margin. 

The bill’s co-sponsor Mike Gallagher (R.-Wisconsin) said Wednesday that it “forces TikTok to break up with the Chinese Communist Party.”

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