💰 U.S. House panel approves bill giving Biden power to ban TikTok

TL;DR

WASHINGTON, March 1 (Reuters) - The U. government's Committee on Foreign Investment in the United States (CFIUS), a powerful national security body, in 2020 unanimously recommended ByteDance divest TikTok because of fears that user data could be passed on to China's government. See here for a complete list of exchanges and delays

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