Bloomberg Tech

The House's TikTok Vote and the EU's AI Act

Mar 13, 2024
US house passes bill targeting TikTok for potential divestment or ban, EU sets strict AI regulations, Social Capital fires partners. Insights on national security risks and geopolitical challenges faced by TikTok, along with the global impact of AI regulations. Market updates on tech stocks, chip names, and Bitcoin movement. Discusses lobbying efforts, potential U.S. operations sale, and House's perspective on TikTok. Lawmakers express concerns about enforcement of divestment if TikTok does not comply.
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