Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • 12 Big Ideas From Business Books Published In 2024
    • Struggling with Finances? These Payment Solutions Will Save You
    • Why Workers Are Leaving High-Cost States — and What It Means for Employers
    • Why Startup Founders Need to Look Beyond Traditional Funding
    • The 5 Fears Every Entrepreneur Must Face — and Overcome
    • How They Grew $200k to $3M Side Hustles After Being Laid Off
    • How Shaquille O’Neal’s Big Chicken Got Started
    • Last Chance to Get Our Unbeatable Babbel Deal
    Swanky Trader
    Wednesday, May 21
    • Home
    • Finance
    • Personal Finance
    • Make Money
    • Make Money Online
    • Money Saving
    • Passive Income
    • Investing
    • Shop
    Swanky Trader
    Home»Passive Income

    TikTok CEO Shou Zi Chew Spotted at Mar-a-Lago Ahead of Ban

    SwankyadminBy SwankyadminDecember 18, 2024 Passive Income No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    [ad_1]

    On Monday, TikTok and its father or mother firm, China-based ByteDance, asked the U.S. Supreme Court to pause the upcoming Jan. 19 deadline imposed by U.S. lawmakers in April that forces the 2 firms to sever relations or face a ban.

    Hours later, TikTok CEO Shou Zi Chew was at Mar-a-Lago in Palm Seashore, Florida, making his case to President-elect Donald Trump on the “Winter White Home,” CNN first reported.

    Associated: The TikTok Ban Bill Has Been Signed — Here’s How Long ByteDance Has to Sell, and Why TikTok Is Preparing for a Legal Battle

    The outlet notes that the assembly was pre-scheduled. ByteDance stated beforehand that it won’t sell TikTok.

    Earlier within the day, Trump stated at a press convention that he’s taking “a have a look at TikTok” and has a “heat spot” in his coronary heart for the app. Under the legislation handed within the Spring, the President of the U.S. can name for a “one-time extension” of the deadline.

    Trump’s phrases Monday are a departure from 2020 when he tried to ban TikTok outright. A few of Trump’s high brass, together with Secretary of State nominee Marco Rubio, have been the ban’s most vocal supporters.

    “TikTok prolonged the Chinese language Communist Get together’s energy and affect into our personal nation, proper beneath our noses,” Rubio stated in a press launch on his website in April. “I’ve been elevating issues about TikTok since 2019, so this new regulation forcing ByteDance to divest from TikTok is a big step towards confronting Beijing’s malign affect. It is official: Communist China is on the clock.”

    Associated: ‘You Own Nothing Here on Social’: Meta Outage, Looming TikTok Ban Has Creators Questioning How Much of Their Business They Really Control

    TikTok argued that the deadline needs to be delayed or paused whereas it awaits a Supreme Court docket evaluation, however a federal appeals court docket denied the request final week.

    In an emergency utility on Monday, TikTok’s attorneys requested the Supreme Court docket to resolve by January 6 in order that the corporate can “coordinate with their service suppliers to carry out the advanced job of shutting down the TikTok platform solely in the USA” in time for the Jan. 19 deadline.

    In a court filing earlier in December, TikTok stated that if the ban occurs, creators and small companies within the U.S. may lose $1.3 billion in income and earnings in only one month.

    TikTok has greater than 150 million customers within the U.S., according to the company. In Could, Chew was an honorary chair of the Met Gala at New York’s Metropolitan Museum of Artwork.

    Associated: I Have Over 214,000 Followers on TikTok. Here’s What I’m Doing Right Now In Case a Ban Happens.



    [ad_2]

    Source link

    Swankyadmin
    • Website

    Keep Reading

    12 Big Ideas From Business Books Published In 2024

    Struggling with Finances? These Payment Solutions Will Save You

    Why Workers Are Leaving High-Cost States — and What It Means for Employers

    Why Startup Founders Need to Look Beyond Traditional Funding

    The 5 Fears Every Entrepreneur Must Face — and Overcome

    How They Grew $200k to $3M Side Hustles After Being Laid Off

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    12 Big Ideas From Business Books Published In 2024

    December 24, 2024

    Struggling with Finances? These Payment Solutions Will Save You

    December 24, 2024

    Why Workers Are Leaving High-Cost States — and What It Means for Employers

    December 24, 2024

    Why Startup Founders Need to Look Beyond Traditional Funding

    December 24, 2024

    The 5 Fears Every Entrepreneur Must Face — and Overcome

    December 24, 2024
    Categories
    • Finance
    • Investing
    • Make Money
    • Make Money Online
    • Money Saving
    • Passive Income
    • Personal Finance
    About us

    Welcome to Swanky Trader, your go-to resource for all things finance, making money, and personal finance management. Whether you're looking to boost your income, learn about smart investment strategies, or save more effectively, Swanky Trader is here to guide you on your financial journey.

    Our blog covers a wide range of topics designed to empower you with the knowledge and tools you need to achieve your financial goals. At Swanky Trader, we're passionate about helping you unlock your financial potential and achieve financial freedom. Join us on this exciting adventure towards financial success!

    Popular Posts

    12 Big Ideas From Business Books Published In 2024

    December 24, 2024

    Struggling with Finances? These Payment Solutions Will Save You

    December 24, 2024

    Why Workers Are Leaving High-Cost States — and What It Means for Employers

    December 24, 2024

    Why Startup Founders Need to Look Beyond Traditional Funding

    December 24, 2024
    Categories
    • Finance
    • Investing
    • Make Money
    • Make Money Online
    • Money Saving
    • Passive Income
    • Personal Finance
    Facebook X (Twitter) Instagram Pinterest
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Swankytrader.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.