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TikTok has gained 50 million additional monthly active users in the United States, reaching a total of 150 million

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TikTok CEO Shou Zi Chew is set to testify before the House Energy and Commerce Committee

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Bipartisan legislation supporting President Joe Biden's ability to ban TikTok on national security grounds has gained support from six more U.S. senators

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TikTok faces mounting scrutiny from Congress due to concerns about U.S. user data being accessible to the Chinese government

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Mark Warner, chair of the Senate Intelligence Committee, expressed doubt about the safety of TikTok's U.S. data and the app's Chinese Communist Party affiliation

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Despite investing $1.5 billion in strict data security measures, TikTok has been accused of spying. TikTok content creators plan to advocate against a potential ban in Washington

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UBS to buy Credit Suisse for more than $3 billion

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