TikTok CEO expects to defeat U.S. restrictions

News Snapshot:

TikTok’s chief executive said on Wednesday that the company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban the popular short video app used by 170 million Americans. “Rest assured – we aren’t going anywhere,” CEO Shou Zi Chew said in a video posted moments after Biden signed the bill that gives China-based ByteDance 270 days to divest Tiktok’s U.S. assets or face a ban. “The facts and the Constitution are on our side and we expect to prevail again.” In 2020, then-President Donald Trump was blocked by...