Under the bipartisan spending bill that passed both chambers of Congress, TikTok will be banned from government devices, underscoring the growing concern about the popular video-sharing app owned by China’s ByteDance. The bill, which still has to be signed into law by President Joe Biden, also calls on e-commerce platforms to do more vetting to help deter counterfeit goods from being sold online, and forces companies pursuing large mergers to pay more to file with federal antitrust agencies.
Read the article: CNBC
