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Shane Mahabir
March 13, 2024
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The House passes Bill that will require TikTok to sell its ownership

Next up, the Senate. Which is no guarantee it passes. But it still shows the direction the government is taking against Tiktok and other companies that are controlled by adversarial countries.


Our blog posted last night covered this.

TikTok Ban Bill: A Potential Blow to Business Loan Brokers
www.funderintel.com
TikTok Ban Bill: A Potential Blow to Business Loan Brokers
Legislators are scheduled to cast their votes on Wednesday regarding a bill that would compel the parent company of TikTok, ByteDance, to face the possibility of the app being banned from U.S. App stores. The proposed TikTok ban bill, known as the Protecting Americans from Foreign Adversary Controlled Applications Act, has sparked concerns among business loan brokers who rely on the platform for lead generation. As a popular social media app with over 150 million monthly users in the U.S., TikTo

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