President Joe Biden won’t enforce a ban on the social media app TikTok that is set to take effect a day before he leaves office, a U.S. official says.
The House has passed legislation that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year.
Hanwha Qcells expects to make solar panels and their components in the United States to take advantage of President Biden’s climate policies.
Executives at the company cited lower demand for PC components and rising inflation as primary reasons for the decline.