We would love to hear your thoughts about our site and services, please take our survey here.
The United States House of Representatives approved a bill that could result in the banning of TikTok in the country unless it separates from its Chinese owner, ByteDance Ltd.
The bill, named the 21st Century Peace through Strength Act, passed with a strong bipartisan vote of 360-58, with US officials expressing concerns about the company's potential for spreading propaganda. Under this bill, ByteDance has nine months to sell TikTok, failing which the app could be removed from US app stores.
The legislation also includes imposing sanctions on ports and refineries dealing with Iranian oil, as well as on individuals involved in activities related to Iran's missile program. Additionally, the bill grants the executive branch authority to transfer frozen Russian assets in the US to Ukraine.
Https://www.investorsobserver.com/news/qm-news/6461054677977009
FYI DYOR
Https://www.straight.com/city-culture/why-i-didnt-go-to-shein-vancouver-pop-up
The distrust is growing, bubble burst rather than pop- up. When influencers change sides?
FYI DYOR
That's one of the main reasons serious investors don't take any notice of MF or Yahoo, irrespective of a positive or negative article DTN. Most are wrote by self employed journalists. Nothing over a week has changed in BH land just a different journalist view.
Https://www.forbes.com/sites/drewbernstein/2024/04/12/banning-the-shein-ipo-is-un-american/?sh=43fa417788f1
Interesting read.
FYI DYOR
I agree with the majority of your comments Broke especially the information disclosure.
"I can't see this changing any time soon and it's likely folly to think this will change however much we would like it to."
My opinion on this is that since Shein announced IPO the mood music around practices etc has definitely changed and seems to be gathering apace across countries, however, talk is cheap. I can see this getting battered by shorts if IPO is successful though.