SNAP Jul 2023 14.000 call
| Previous Close | 1.0700 |
| Open | 1.2000 |
| Bid | 1.1400 |
| Ask | 1.1500 |
| Strike | 14.00 |
| Expire Date | 2023-07-21 |
| Day's Range | 1.0800 - 1.2000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 3.72k |
- Yahoo Finance Video
Rep. Jamaal Bowman says TikTok fervor is 'disingenuous,' asks where the outrage is for other social media platforms
TikTok CEO Shou Zi Chew testifying before the House Committee on Energy and Commerce Thursday, facing a grueling line of questions from members of both parties about social media app's relationship with the Chinese Communist Party. Both parties mounting concerns about the security of American users' data on the platform, though New York Congressman Jamaal Bowman telling Yahoo Finance's Rachelle Akuffo those concerns are overblown. The Democrat going on to say that any potential threats posed by TikTok are already happening on other social media platforms.Key Video Moments0:40 Moving too quickly on a TikTok ban1:05 These problems are already present on other social media platforms2:10 Facebook looked the other way on election interference3:33 We have to get our own house in order7:55 GOP wants to scapegoat TikTok instead of winning on issues
- Motley Fool
Prediction: These 2 Cheap Tech Stocks Will Surge on a TikTok Ban
TikTok is one of the world's most popular social media platforms, but it's also controversial because it's owned by the Chinese tech giant ByteDance. Its critics claim that as long as ByteDance is subservient to the Chinese government, TikTok can be used as a powerful tool for gathering data on its overseas users and swaying public opinion. Three years ago, the Trump administration proposed to either ban TikTok or force it to sell its U.S. subsidiary to an American company.
- Yahoo Finance Video
TikTok is the catalyst for something much bigger: Expert
TikTok CEO Shou Chew testified before U.S. lawmakers on Thursday. The social media executive defended the video app amid concerns about its roots in China. As TikTok looks to add to its 150 million monthly active American users, concerns grow over the app’s danger to U.S. national security and Americans. “This is a real tech success story for China that has become incredibly politically toxic to Washington,” says Rhodium Group’s Reva Goujon.The escalating tensions over TikTok could be about more than the app itself, with Goujon saying issues with the app are the catalyst "for something much bigger in play, especially as the U.S. has been trying to get to a more coherent data security policy." U.S. lawmakers recently introduced the RESTRICT Act, which is aimed to tackle national security threats from foreign tech. You can watch Yahoo Finance's Julie Hyman and Brad Smith's full interview with Reva Goujon here. Key video moments: 00:00:03 U.S. tech & investment controls00:00:41 TikTok's political turmoil
