This week, the White House endorsed a bipartisan bill, known as the RESTRICT Act, that could give the President powers to ban or force the sale of foreign-owned technology platforms if they pose a national security threat. The RESTRICT Act would ensnare the TikTok app, owned by Chinese company Bytedance, which is viewed by lawmakers as a possible security backdoor for the CCP government to US data. How are investors reacting to the possibility of a ban on TikTok and which stocks could benefit? Mandeep Singh of Bloomberg Intelligence explains.



Image credit: Ascannio

This week, the White House endorsed a bipartisan bill, known as the RESTRICT Act, that could give the President powers to ban or force the sale of foreign-owned technology platforms if they pose a national security threat. The RESTRICT Act would ensnare the TikTok app, owned by Chinese company Bytedance, which is viewed by lawmakers as a possible security backdoor for the CCP government to US data. How are investors reacting to the possibility of a ban on TikTok and which stocks could benefit? Mandeep Singh of Bloomberg Intelligence explains.Image credit: Ascannio

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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