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World Business Report

we are new focused on we are now focused on the us. we are now focused on the top business stories. we begin with tiktok as the house of representatives passed a bill over the weekend that brings a ban of the popular social media app in the us a step closer unless its chinese owner sells its stake within a year. fears that the data about millions of american tiktok users could land in china's hands has driven congressional efforts to split the company from the beijing—based company bytedance. tiktok says bytedance "is not an agent of china or any other country" and points out the firm is 60% owned by global investors. let's discuss this. joining me now is jasmine enberg, principal analyst on social media at emarketer. good to see you again. of course, this was talked about at length when this first came to our attention that the us plan to ban tiktok. took us through what happened over the

Us , App , Bill , American-tiktok , Weekend , House-of-representatives , Social-media , Chinese , Business-stories , Step , Stake , Ban

CNN Newsroom Live

sunday on sydney's bond beach where hundreds gathered to mourn the six people killed in los saturday's westfield mall knife attack australian prime minister anthony albanese was in attendance and paid tribute to the victims we gather here and ban dei to grave for all that has been stolen from us. all the possibility and potential, all the kindness and humanity all the lab and laughter of the six lives snatched away on that hardest of saturday afternoons 12 others were injured in the attack, including a nine month old baby, whose mother was among those killed mash cat mass casualty events are rare in australia, and this is one of city's worst violent crimes in recent years well, the bill that could ban tiktok is headed to the senate, the us house approved legislation targeting the app as part of that massive

People , Victims , Bond-beach , Anthony-albanese , Hundreds , Attendance , Tribute , Samba , Los-saturday , Westfield-mall-knife-attack , Australian , Sunday-on-sydney

CNN Newsroom Live

foreign aid package passed saturday. >> this new bill gives tiktok nine months, which is up from a previous six to separate from its current chinese parent company, bytedance. the social media app is seen as a national security risk by many in congress. if the senate approves the legislation and president joe biden signs it tiktok could be forced to find a new owner or be banned entirely from the us cnn's mark stuart joins us now, live from beijing. good to have you with us mark. so there's been so much scrutiny of tiktok here in the the company has said that any sort of ban could trample free speech. is there any indication from the chinese government about what it would like to see have a neck indeed, lynda, in fact, i heard from one observer of the chinese tech space and he described what's happening right now as a moment of truth for beijing. >> look, it is around two 30 in the afternoon here in china and choline up at the top of the

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CNN Newsroom Live

even though the united states is considered a ban on tiktok. here in mainland china social media apps such as x, such as facebook, youtube, and twitter along with instagram, they are all blocked by the chinese government. so this is an interesting juxtaposition of philosophies that we are seeing between these two governments linda yeah, no doubt we will be watching this closely and especially all those people who have campaigned against a ban here in the, who've built businesses on this platform we'll be watching closely good to have you as mike stewart in beijing. >> thank you. will counting is underway in ecuador after voting ended in a referendum which aims to tackle the growing violence in the country. >> voters went to the polls to consider security measures introduced by the president, including allowing troops to patrol with police and imposing longer sentences for terrorism and murder. ecuador has been plagued by rising gang violence and turf wars between drug

United-states , Ban , Chinese , Tiktok , Facebook , Social-media-apps-such-as-x , Youtube , Instagram , People , Government , No-doubt , Governments

CNN Newsroom Live

around drugs in sport on the social media platform x, the chief of the us anti-doping agency, travis tygart said this quote, when you blow away their rhetoric, the facts remain as have been reported, water failed provisionally suspend the athletes disqualify results and publicly disclose the positives. these are egregious failures, even if you buy their store, that this was contamination and a potent drug magically appeared in a kitchen and lead to 23 as of tests of elite chinese swimmers, unquote out tmz affects the metabolism. it's believed to help with endurance in physical activity. it came to the fore during the 2022 beijing winter games, when the russian figure skater kamila valieva tested positive for the drug and was given a four-year ban. i'll cnn has reached out to the chinese olympic committee for comment what it says, it stands by the results of its investigation of the chinese swimmers, it is slammed tigers allegations as

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Way Too Early With Jonathan Lemire

a lot of viewers' ears are going to perk up to, but a potential ban against tiktok took a major step forward this weekend. what's the latest there, and can you assure people? we're not talking about an outright ban on tiktok. it's more a change in ownership, right? >> exactly. legislation suggested what congressmen would like to see is that bytedance, the chinese company that owns tiktok, they want them to sell their stake in the company. however, this is not something that's likely to take place any time soon. that's according to several analysts. however, if you look at the details in the legislation, they are indeed asking for that stake to be sold within a year, this, hour, comes after we saw a separate bill also in the house also pushing for the same thing, however, with a more, with a stricter timeline. the key here from a geopolitical

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World Business Report

please a political entity. the . uestion please a political entity. the question is. _ please a political entity. the question is, is _ please a political entity. the question is, is this - please a political entity. the question is, is this a - please a political entity. the question is, is this a stand—off, the us was to look strong in the face of concerns about china and china's dominance in trade and computer chips and components. ultimately, we will get some form of compromise, is that your assessment? i think they will be quite serious about tiktok, i think it is up to bytedance to look at divestment if it wants tiktok to survive. this is being talked of as if it is a ban, there is an option here, it is not an option that is impossible if the government in beijing permits it. if it doesn't permit it, as i say, it strengthens the american case. it is going to be a large kerfuffle, but i think it will get through. goad going to be a large kerfuffle, but i think it will get through.— think it will get through. good to talk to you. _ think it will get through. good to talk to you, grateful _ think it will get through. good to talk to you, grateful for - think it will get through. good to talk to you, grateful for your - think it will get through. good to l

Us , Question , China , Entity , Concerns , Stand-off , Trade , Uestion , Dominance , Face , Tiktok , Components

World Business Report

thatis on free speech. is that an argument that is relevant? mat on free speech. is that an argument that is relevant?— that is relevant? not really. if you look at when _ that is relevant? not really. if you look at when tiktok _ that is relevant? not really. if you look at when tiktok was _ that is relevant? not really. if you look at when tiktok was banned i that is relevant? not really. if you | look at when tiktok was banned in india in 2020 after a violent border clash with china, they had 300 million users in india, india banned all chinese social media after 20 indian soldiers were killed on the border. it was done very suddenly. what happened was that it was not the end of the short video market because there are options. you can express yourself just as well on short reels, on other platforms. and thatis short reels, on other platforms. and that is what happened in india. there was a slight difference noted in smaller content creators had to make adjustment but there wasn't a ban on short videos, it is just that platform. ban on short videos, it is 'ust that latform. . ., ~ ,

Tiktok , China , Argument , Free-speech , Mat , India , Violent-border-clash , 300-million , 2020 , Chinese , Users , Social-media

TikTok: Explainer: Why is the US government trying to ban TikTok?

The U.S. House passed a bill forcing ByteDance to divest TikTok U.S. assets within a year. Senate vote imminent on national security concerns. Potential ban could impact China data sharing.

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Breakfast

to announce today that it wants to introduce the legislation in england before thejuly summer recess, which would make it illegal to sell or supply them. it follows overwhelming support from a public consultation. the rest of the uk is set to join the ban by the autumn. 0pening arguments will begin today in new york for donald trump's hush—money trial. the former us president, who is running for re—election this year, is accused of covering up payments made to an adult film star, which he denies. an australian woman charged with murdering three people in a suspected mushroom poisoning case has appeared in court. erin patterson gained international attention following the deaths of three family members who fell ill and died in hospital within a week of eating a beef wellington she had prepared in july last year. she has previously denied the allegations. the case has been adjourned until next month.

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