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TikTok leaders are pretty surprised that a bill to ban TikTok is zooming through Congress: report

Business InsiderBusiness Insider · 1y ago
TikTok leaders are pretty surprised that a bill to ban TikTok is zooming through Congress: report
Medial

A bill to ban TikTok in the US is rapidly progressing through Congress, catching the social media platform off guard. The bipartisan bill, sponsored by Rep. Mike Gallagher and Rep. Raja Krishnamoorthi, requires ByteDance, the Chinese parent company of TikTok, to sell the app to non-Chinese owners or face a ban in the US. The legislation, which was unexpectedly approved by the House Energy and Commerce Committee, is set to be voted upon in the House and potentially move closer to President Joe Biden. TikTok expects the bill to pass and has condemned it as an infringement on Americans' freedom of expression. However, its fate in the Senate remains uncertain, with some Republican senators expressing concerns and opposition to the ban. American business leaders, such as former Activision CEO Bobby Kotick, have also shown interest in acquiring TikTok. The push for a ban stems from concerns about user data privacy and TikTok's alleged ties to the Chinese government.

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The TikTok ban chaos — explained in 60 seconds

Business InsiderBusiness Insider · 1y ago
The TikTok ban chaos — explained in 60 seconds
Medial

A new bill that could potentially ban TikTok in the US is currently being discussed in Congress. While some people, including former President Donald Trump, have voiced support for banning TikTok in the past, there is now contradictory opinions on the matter. The main concern behind the ban is the app's ownership by a Chinese company and the potential for the Chinese government to access personal data or influence American politics through the platform. The current bill would require ByteDance, TikTok's parent company, to sell its US operations to non-Chinese owners to avoid the ban. However, it is uncertain whether such a sale would be feasible or if ByteDance would even agree to it. The proposed ban would not remove TikTok from existing user's phones but would prevent app stores from distributing it and hosting it on US websites, eventually rendering it unusable. The bill has already been introduced in Congress and is expected to pass in the House this week, but it still requires approval from the Senate and President Joe Biden to become law. The politics surrounding the TikTok ban bill are complex and bipartisan. Concerns about TikTok's national security implications have been expressed by Americans of different ages and political leanings, making it difficult to categorize the support or opposition to the bill. Both President Biden and former President Trump have shown contradictory stances on the issue. If the bill becomes law, ByteDance would have 180 days to sell its US TikTok operations to comply or face penalties. However, the timeline and the likelihood of a ban before the upcoming US elections remains uncertain as legal challenges are expected.

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