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So are we banning TikTok or what? Also: Can an influencer really tank an $800M company? | TechCrunch

Apr 27, 2024 - techcrunch.com
The U.S. House of Representatives has passed a bill giving TikTok's parent company a nine-month ultimatum to sell or face extinction in the U.S. The bill includes a 90-day extension option for the president's use. Critics argue this could infringe free speech rights and hurt businesses. In other news, popular YouTuber Marques Brownlee aka MKBHD, who has more subscribers than some countries have people, has been accused of potentially killing Humane Ai's project with his negative review.

In startup news, Mood.camera, an iOS app that focuses on vintage filters and no live previews or editing features, has been launched. Poetry Camera, an AI tech that generates poetry based on visual encounters, has also been introduced. Tinder has rolled out a new feature called “Share My Date,” and DayNew, a new social platform for dealing with trauma and grief, has been launched. BloomTech has been banned from consumer lending activities by the U.S. Consumer Financial Protection Bureau for 10 years.

Key takeaways:

  • The U.S. House of Representatives has passed a bill giving TikTok's parent company a nine-month ultimatum to sell or face extinction in the U.S.
  • Popular YouTuber Marques Brownlee aka MKBHD has been accused of potentially killing Humane Ai's project with his negative review.
  • Pascal, a lab-grown diamond startup, has raised nearly $10 million in VC funding.
  • Rippling has confirmed a $200 million funding round at a $13.4 billion valuation.
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