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Transcripts For BBCNEWS Business 20240703

Congress has enacted a law that subjects a single named Speech Platform to a permanent nationwide ban. The company also says that its not possible legally, technically or commercially to divest within that time frame. Part of the challenge is that with a billion users worldwide, a lot of its content is actually available across borders, making it all harder to unpick. The Usjustice Department declined to comment, but heres what White House Press secretary Karinejean Pierre had to say when asked about why President Biden continues to use tiktok for his political campaign. So as it relates to the campaign, and obviously other congressional members, they have to speak to themselves, the campaign has to speak to it. But weve been very clear what this law is is not a ban, it is a divestment. Tiktok s ceo shou zi chew, who appeared with his wife, vivian kao, at the met gala last night, is hoping tiktok s other recent First Amendment victories in the us, like blocking the state of montanas bi

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