This chapter explores TikTok's CEO resisting a bill that could lead to the app's sale or ban in the US, emphasizing the company's plan to address legal issues before considering divestiture. A Democratic Representative raises worries about Chinese influence on US online content and argues for TikTok to be controlled by American entities.
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Bloomberg Tech reporter Alex Barinka joins to discuss TikTok's fight on Capitol Hill as it hopes to avoid sweeping US legislation that would force the app's parent company to sell it or face a ban. Bloomberg News markets reporter Abigail Doolittle, Bloomberg Intelligence Chief Rates Strategist Ira Jersey and Bloomberg News International Economics and Policy Correspondent Michael McKee take part in a roundtable to break down today's CPI report and what it means for the US economy and the Fed's inflation battle. Bloomberg Intelligence Senior Aerospace Analyst George Ferguson and Sheila Kahyaoglu, Aerospace, Defense and Airlines analyst at Jeffries discuss Boeing's latest woes. And, Michael Lohan, chief executive officer at IDA Ireland joins to talk about the prospect for US corporate growth and foreign direct investment.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan, with assistance from Justin Milliner.
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