News & Analysis as of

TikTok Trump Administration

McGlinchey Stafford

TikTok on the Clock: Proposed Legislation to Unwind TikTok from Ownership Group

McGlinchey Stafford on

On March 13, 2024, the U.S. House of Representatives passed the Protecting Americans from Foreign Adversary Controlled Applications Act (the Act) in a bipartisan vote, which would require the popular social media site TikTok...more

Dunlap Bennett & Ludwig PLLC

“Why Can’t We Just Ban It?”: How The American Government Has Bungled The TikTok Ban

Over the past two months, the national security threats posed by the TikTok app have been more exposed than the individuals posting the videos to TikTok. Yet despite those risks, Americans continue to post content to the app,...more

Holland & Knight LLP

Biden Signs Executive Order to Protect Personal Data from Foreign Adversaries

Holland & Knight LLP on

The U.S. government's efforts to secure sensitive personal data against foreign adversaries, primarily with an eye toward China, continue. On June 9, 2021, President Joe Biden signed the Executive Order on Protecting...more

Sheppard Mullin Richter & Hampton LLP

Beyond TikTok and WeChat: How Biden’s New EO Could Impact Foreign-Owned Apps

On June 9, 2021, President Biden signed an Executive Order (“EO”) revoking Trump’s orders on TikTok and WeChat. In their stead, President Biden’s EO subjects software applications controlled or owned by “foreign adversaries”...more

Hogan Lovells

EO prohibits U.S. persons from engaging in certain transactions involving eight Chinese apps

Hogan Lovells on

On 5 January 2021, President Donald Trump issued Executive Order (EO) 13971 on "Addressing the Threat Posed By Applications and Other Software Developed or Controlled By Chinese Companies," which prohibits U.S. persons from...more

Wiley Rein LLP

Presidential EO Prohibits Transactions with Chinese Companies Alipay, WeChat Pay, Tencent QQ, and Others

Wiley Rein LLP on

On January 5, 2021, President Trump signed an executive order (EO) prohibiting U.S. persons from engaging in transactions with eight “connected software applications” developed or controlled by Chinese companies. The...more

Hogan Lovells

Court Rulings Reinforce Limitations on Sweeping Executive Orders Based on IEEPA

Hogan Lovells on

Recent court rulings enjoining enforcement of the Trump Administration’s Executive Order (“EO”) targeting TikTok show signs of curbing the sweeping powers of the International Emergency Economic Powers Act (“IEEPA”), which...more

Wiley Rein LLP

Another Court Loss for President’s TikTok Ban, Questions Loom About the Future

Wiley Rein LLP on

On December 7, 2020, Judge Carl Nichols of the D.C. District Court issued a preliminary injunction barring the federal government from enforcing a ban on the social media site TikTok. The opinion from the D.C. District Court...more

Robins Kaplan LLP

Financial Daily Dose 12.2.2020 | Top Story: Treasury, Fed Paint Divergent Views of Economic Recovery

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Tuesday’s Senate Committee hearing with Fed Chair Powell and Treasury Secretary Mnuchin showed the growing rift between the two over their views of “challenges facing the United States economy in the months ahead.” ...more

Husch Blackwell LLP

TikTok Legal Drama Continues To Unfold Across Multiple Courtrooms And Federal Agencies

Husch Blackwell LLP on

The Trump Administration has encountered further setbacks in its efforts to prevent Chinese company ByteDance Ltd. (“ByteDance”) from providing its popular social media app TikTok in the U.S. For background:.....more

Robins Kaplan LLP

Financial Daily Dose 10.26.2020 | Top Story: Inspire Brands In Talks to Acquire Dunkin for Deal Worth $8.8 Billion

Robins Kaplan LLP on

PE-backed Inspire Brands is in negotiations to take over Dunkin’ Brands Group, the parent of both Dunkin’ and Baskin-Robbins, in a deal valued at nearly $9 billion. Inspire includes Buffalo Wild Wings and Jimmy John’s among...more

Robins Kaplan LLP

Financial Daily Dose 10.19.2020 | Top Story: ConocoPhillips Buys Oil Producer Concho Resources in Deal Worth Nearly $10B

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ConocoPhillips is doubling down on its commitment to the Midland basin by buying Concho Resources Inc. in “an all-stock transaction valued at $9.7 billion,” even “as the American shale-drilling industry is facing a downturn...more

Robins Kaplan LLP

Financial Daily Dose 10.9.2020 | Top Story: New Jobless Claims Top 800,000 Again As U.S. Recovery Stalls

Robins Kaplan LLP on

Yesterday’s jobless numbers were down a bit from a week earlier but still topped 800,000 for the 4th week in a row. “Claims remain above the pre-pandemic peak of 695,000 and are higher than in any previous recession for...more

Robins Kaplan LLP

Financial Daily Dose 10.8.2020 | Top Story: Feds fine Citi $400M over “Longstanding” Governance Failures

Robins Kaplan LLP on

Federal regulators—including the Federal Reserve and the OCC—have fined Citigroup $400 million over “longstanding” failures in the areas of risk management, data governance, and internal controls. In addition to the fine, the...more

Robins Kaplan LLP

Financial Daily Dose 10.5.2020 | Top Story: Jobs Report Details Alarming Rise in Long-Term U.S. Unemployment

Robins Kaplan LLP on

Along with the topline numbers (661,000 jobs added in September and unemployment rate declined to 7.9%), Friday’s U.S Jobs Report delivered the rough news that 2.4 million Americans have now been out of work for 27 weeks or...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights - Issue 7, September 2020

U.S. Judge Halts Trump's TikTok Ban, Hours Before It was Set to Start - "John Hall, an attorney for TikTok, said that the app, with some 100 million American users, is a 'modern day version of the town square' and shutting...more

BCLP

Restrictions Affecting WeChat and TikTok: Now Clearly Defined, But Facing Legal Challenges

BCLP on

Just as quickly as the U.S. Department of Commerce announced the parameters of prohibitions on transactions involving TikTok and WeChat, pursuant to Executive Orders 13942 and 13943, respectively, actions were taken to delay...more

Weintraub Tobin

The Courts Step In To Protect TikTok From The Trump Administration

Weintraub Tobin on

In a dramatic Sunday morning hearing (conducted remotely via telephone), lawyers for TikTok and the Trump Administration battled over whether the government’s order banning TikTok from the Apple and Google app stores would...more

Robins Kaplan LLP

Financial Daily Dose 9.28.2020 | Top Story: Federal Court Halts White House Ban on TIkTok App-Store Downloads

Robins Kaplan LLP on

A federal judge has delivered another win for TikTok over the weekend, temporarily blocking a White House ban “on new downloads of the video-sharing network, which would have gone into effect at 11:59 p.m. in Washington.” The...more

Robins Kaplan LLP

Financial Daily Dose 9.25.2020 | Top Story: US Jobless Claims Rise As Recovery Stagnates

Robins Kaplan LLP on

New U.S. unemployment claims rose last week according to data released on Thursday, the latest sign that America’s recovery from the pandemic-induced recession is slowing—a “particularly worrisome” trend as cold-state...more

Dickinson Wright

DW China Trade Update (35th Edition)

Dickinson Wright on

The US Commerce Department releases scope of bans on Tiktok and WeChat - This past August, our China Team reported on President Trump's Executive Order 13942, which placed restrictions on any transactions with two of the most...more

Robins Kaplan LLP

Financial Daily Dose 9.24.2020 | Top Story: JPMorgan Nears $1B Settlement Over Alleged Spoofing

Robins Kaplan LLP on

JPMorgan is preparing to finalize a deal with federal prosecutors and regulators in which the bank would pay nearly $1 billion to “settle civil and criminal charges that its traders rigged futures and securities markets”...more

Perkins Coie

TikTok and WeChat—New Developments Delay Prohibitions

Perkins Coie on

Sunday, September 20, 2020, was intended to be the day on which prohibitions would go into effect on ByteDance Ltd. (ByteDance) and Tencent Holdings Ltd. (Tencent) and their subsidiaries—makers of the TikTok and WeChat apps,...more

Sheppard Mullin Richter & Hampton LLP

Executive Orders on Pause: WeChat and TikTok Bans Temporarily Suspended

On Saturday, two actions put a stop, at least temporarily, to the U.S. shutdown of the popular social media apps WeChat and TikTok. WeChat - On September 19, 2020, a California Federal Magistrate Judge issued a...more

Sheppard Mullin Richter & Hampton LLP

Certainties and Uncertainties Under China’s New Unreliable Entity List

On September 19, 2020, China took a new strategic position in its ongoing trade confrontation with the United States. The Ministry of Commerce of the PRC (“MOFCOM”) issued Regulations on Unreliable Entity List (“UEL”) and...more

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