TikTok has deployed Washington power brokers and $1,500-an-hour attorneys to fend off a new law barring the app unless its Beijing-based parent, ByteDance Ltd., divests. With a $4.8 million ad campaign, a full-court press on Capitol Hill and the US Constitution, TikTok is in a multifront fight for its survival.
"They're out in full force," said Joel Thayer, a Republican lawyer who helped push the legislation, arguing the company's data collection and ties to the Chinese government make it a national security threat. "It's end-of-life for them. It's a very well-orchestrated play."TikTok's fate rests in part with US courts after it sued to overturn the law signed by President Joe Biden forcing ByteDance to sell the app by Jan. 19 or be barred from operating in the US. The government's response is due Friday ahead of oral arguments in September, and the company is prepared to take its case to the Supreme Court.
With more than 170 million monthly US users, TikTok has a lot at stake. A ban would exclude ByteDance from the world's most lucrative advertising market and give an immediate boost to rivals like Meta Platforms Inc.'s Reels or YouTube's Shorts.
ãã®èšäºã¯ Business Standard ã® July 27, 2024 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ? ãµã€ã³ã€ã³
ãã®èšäºã¯ Business Standard ã® July 27, 2024 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
As Mumbai Marathon Turns 20, Brands Dash to Finish Line
By the time the sun had cast its vibrant glow across the Maximum City, Mumbaikars were up and running.
AI strategy in action, critical to our success'
DEBASHIS CHATTERJEE, chief executive officer and managing director of LTIMindtree, said that the company's artificial intelligence (AI) strategy -- AI in Everything, Everything for AI, and AI for Everyone -- is delivering results for both the firm and its clients. In a video interview with Shivani Shinde following the company's 2024-25 (FY25) third-quarter (Q3) results, he shared insights on the outlook for 2025-26 (FY26), the role of AI in efficiency-driven deals, and the state of discretionary spending. Edited excerpts:
Tesla Rival VinFast readies India drive for export hub
EV major plans first stop in Tamil Nadu
India not too perturbed by Trump's disruptive agenda
Today, Donald Trump, well known for his discomfort with global rules that constrain unilateral actions by individual countries, will be sworn in as the 47th President of the United States of America, a country that has played a leading role in developing internationally accepted rules in various spheres, especially since the end of the Second World War.
Commercial realty: Growing demand but limited supply
Buoyed by a rise in demand and absorption, India's commercial real estate landscape for the top nine cities, including four metros, showed dynamism in 2024 amid resilient economic growth.
Walking with allies: Bihar's Budget demands loom large
If it was Andhra Pradesh last Budget, it's poll-bound Bihar that has now turned to Centre with a list of demands. ARCHIS MOHAN explains how the NDA government is delivering on promises
Guns in Gaza fall silent as truce begins, finally
Three hostages arrive in Israel as fragile ceasefire takes hold after 3-hour delay during which Israeli warplanes and artillery pounded Gaza, killing 26
Scaling large & midcap peak, leaving rivals at base camp
UTI Large & Mid Cap Fund, launched in May 2009, has consistently ranked in the top 30 percentile within the large and midcap fund category of the CRISIL Mutual Fund Ranking (CMFR) for four consecutive quarters up to September 2024.
Current environment conducive for pvt investments: CII survey
Nearly three-fourths of firms taking part in an industry survey have said that the current economic environment is conducive to private investment.
Fireworks before big bang Monday
United States President-elect Donald Trump has returned to Washington DC for his second presidential inauguration on Monday. He will be sworn in as the 47th president of the US, alongside JD Vance, who will take oath as vice-president.