TikTok Sues US Government to Block Divest-or-Ban Law
May 7, 2024
1,403
40
2
2.99%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Bloomberg News Episodes Around May 7, 2024
See what was published immediately before and after this episode.
0:55Now PlayingTikTok Sues US Government to Block Divest-or-Ban Law
YouTube Description
as posted by the channelTikTok sued the US government over a new law that will force its Chinese parent company ByteDance Ltd. to divest the popular video app or face a ban across the country.
The lawsuit marks the first legal challenge since Congress passed the law in April. TikTok has argued that the law will stifle free speech and hurt creators and small business owners who benefit economically from the the platform. The company previously said that it spent more than $1.5 billion to isolate its US operations and agreed to oversight by American company Oracle Corp.
“For the first time in history, Congress has enacted a law that subjects a single, named speech platform to a permanent, nationwide ban, and bars every American from participating in a unique online community with more than 1 billion people worldwide,” the company said in a Tuesday filing in the US Court of Appeals in the District of Columbia.
--------
Subscribe to our YouTube channel
Subscribe to Bloomberg Originals
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
Breaking News on YouTube
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.









