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Stockreport

Congress Passes Bill That Could Ban TikTok: What to Know [CNET News]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: CNET News
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
After weeks of it being bogged down, the US Senate late Tuesday approved legislation that could lead to an eventual ban of TikTok , though the popular social media platform and others have vowed to fight the measure in court. The bill , approved by a vote of 79-18 as part of a $95 billion aid package for Ukraine, Israel and other US allies, gives TikTok's Chinese owner, ByteDance, up to a year to sell TikTok to a buyer deemed fit by US officials. The measure now heads to the desk of President Joe Biden who has said he will sign it Wednesday. In a statement posted Friday on the platform X, formerly known as Twitter, TikTok said it's "unfortunate" that the House "is using the cover of important foreign and humanitarian assistance to once again jam through a ban bill that would trample the free speech rights of 170 million Americans, devastate 7 million businesses, and shutter a platform that contributes $24 billion to the U.S. economy, annually." The House originally passed legis [Read more]

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Stockreport

Congress Passes Bill That Could Ban TikTok: What to Know [CNET News]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
After weeks of it being bogged down, the US Senate late Tuesday approved legislation that could lead to an eventual ban of TikTok , though the popular social media platform and others have vowed to fight the measure in court. The bill , approved by a vote of 79-18 as part of a $95 billion aid package for Ukraine, Israel and other US allies, gives TikTok's Chinese owner, ByteDance, up to a year to sell TikTok to a buyer deemed fit by US officials. The measure now heads to the desk of President Joe Biden who has said he will sign it Wednesday. In a statement posted Friday on the platform X, formerly known as Twitter, TikTok said it's "unfortunate" that the House "is using the cover of important foreign and humanitarian assistance to once again jam through a ban bill that would trample the free speech rights of 170 million Americans, devastate 7 million businesses, and shutter a platform that contributes $24 billion to the U.S. economy, annually." The House originally passed legis [Read more]

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