ByteDance Valuation Falls 26% to $223.5 Billion in New Employee Share BuybackRead more

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House Committee Approves Bill to Give Biden Power to Ban TikTok

The House Foreign Affairs Committee voted to approve a bill that would give President Joe Biden the power to ban TikTok, Reuters and other news outlets reported. It remains unclear whether the bill will become law, as the legislation still needs to pass the House as a whole and pass the Senate before it can go to Biden for aproval. But the committee’s support for the bill is the latest...

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