Hosted on MSN

Dual-class stock gives US social media company controllers nearly as much power as ByteDance has over TikTok

When Congress passed a law in 2024 to ban TikTok unless it came under U.S. ownership, lawmakers argued that the app's Chinese parent company posed national security concerns. The Trump administration, which had granted the viral video app a reprieve ...
The Conversation

The founder kings of Silicon Valley: Dual‑class stock gives US social media company controllers nearly as much power as ByteDance has over TikTok

When Congress passed a law in 2024 to ban TikTok unless it came under U.S. ownership, lawmakers argued that the app’s Chinese parent company posed national security concerns. The Trump administration, which had granted the viral video app a reprieve ...