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UPDATE 1-Rubio wants Biden to block TikTok after Chinese govt stake in subsidiary of parent company Netscape Gadgets & Tech

August 18, 2021
Source: netscape.com netscape.com
News Snapshot:
By David Shepardson Reuters (Adds more from Rubio, Commerce not responding to request for comment, background) WASHINGTON, Aug 17 (Reuters) - Republican Senator Marco Rubio urged President Joe Biden on Tuesday to block short-form video app TikTok in the United States after China took an ownership stake in a key subsidiary of ByteDance, the Beijing-based parent company of TikTok. The Biden administration in June withdrew a series of Trump-era executive orders that sought to ban new downloads of WeChat and TikTok. "Beijing’s aggressiveness makes clear that the regime sees TikTok as an extension of the party-state, and the U.S. needs...
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Tags: Antitrust | app | ban | Beijing | Biden | block | boycott | Business | ByteDance | China | Chinese | Cyberspace Administration of China | Donald Trump | Internet | New York | online video | senate | Shanghai | social media | technology | Tencent | TikTok | United States | Washington | WeChat

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