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Saturday, nov 9
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ByteDance
News
TikTok Ban Explained: What's The Fate Of Popular Video Sharing App?
Another sell-or-be-banned TikTok legislation is working its way up to the Senate. The House passed the sell-or-be-banned bill for the app (360-58) on Saturday, April 20 as part of a larger foreign aid package for Ukraine, Israel, and Taiwan, giving Chinese TikTok owner ByteDance up to a year to sell the app. Otherwise, TikTok will be subject to a nationwide ban. According to Politico, the bill is expected to pass the Senate as it's considered "priority legislation" for Majority Leader Chuck Schumer. A previous, standalone bill was passed by the House in March over national security co…
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Nine Pennsylvania Residents Named To Forbes List Of Richest In America
Nine Pennsylvania residents were named to the 2022 Forbes list of the 400 richest people in America. The nation's wealthiest citizens are worth $4 trillion — $500 billion less than last year, Forbes said. The minimum net worth required to make the list also fell for the first time since the Great Recession, by $200 million, to $2.7 billion. The wealthiest man in the country is Elon Musk, who is worth $251 billion, and the second wealthiest is Jeff Bezos, who is worth $151 billion. Fortunes were calculated on Sept. 2 using stock prices and exchange rates. The Pennsylvanians…