Transcripts for BBCNEWS World Business Report 20240604 04:30:00

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we are new focused on we are now focused on the us. we are now focused on the top business stories. we begin with tiktok as the house of representatives passed a bill over the weekend that brings a ban of the popular social media app in the us a step closer unless its chinese owner sells its stake within a year. fears that the data about millions of american tiktok users could land in china's hands has driven congressional efforts to split the company from the beijing—based company bytedance. tiktok says bytedance "is not an agent of china or any other country" and points out the firm is 60% owned by global investors. let's discuss this. joining me now is jasmine enberg, principal analyst on social media at emarketer. good to see you again. of course, this was talked about at length when this first came to our attention that the us plan to ban tiktok. took us through what happened over the

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