10-Mar-23 07:30
Mandeep Singh, Senior Equity Analyst, Bloomberg Intelligence
This week, the White House endorsed a bipartisan bill, known as the RESTRICT Act, that could give the President powers to ban or force the sale of foreign-owned technology platforms if they pose a national security threat. The RESTRICT Act would ensnare the TikTok app, owned by Chinese company Bytedance, which is viewed by lawmakers as a possible security backdoor for the CCP government to US data. How are investors reacting to the possibility of a ban on TikTok and which stocks could benefit? Mandeep Singh of Bloomberg Intelligence explains.
Image credit: Ascannio
Created by Tan KW | Aug 27, 2024
Created by Tan KW | Aug 27, 2024
Created by Tan KW | Aug 27, 2024