PYMNTS

DECEMBER 19, 2018

With the news of a lawsuit against Facebook (FB) by prosecutors in the District of Columbia, the social media company’s shares slid significantly on Wednesday (Dec. ” Despite the news, some are not retreating from the stock, like JMP Securities Analyst Ron Josey. 19), according to Bloomberg.

DC 122

DC District of Columbia social media Washington 122

PYMNTS

SEPTEMBER 25, 2020

has asked a federal judge to temporarily stop President Donald Trump’s executive order prohibiting the popular app over national security concerns. In court documents, TikTok argued the ban is motivated by political considerations over the November presidential election, not by a genuine national security concern. and Walmart Inc.

District of Columbia 212

District of Columbia Video social media National 212

PYMNTS

OCTOBER 5, 2020

In August, citing data security issues, President Donald Trump issued two executive orders banning transactions with the TikTok and WeChat apps or their parent companies, ByteDance and Tencent Holdings Ltd., respectively. Like TikTok, WeChat automatically captures vast swaths of information from its users,” the executive order said.

District of Columbia 129

District of Columbia social media Meeting Security 129