The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.
The first tech monopoly trial of the modern internet era is concluding. The judgeβs ruling is likely to set a precedent for other attempts to rein in the tech giants that hold sway over information, social interaction and commerce.
President Biden has signed the bill to force a sale of the video app or ban it. Now the law faces court challenges, a shortage of qualified buyers and Beijingβs hostility.
A tiny group of lawmakers huddled in private about a year ago, aiming to keep the discussions away from TikTok lobbyists while bulletproofing a bill that could ban the app.