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News on Medial
US House overwhelmingly passes TikTok ban bill
Economic Times
·
1y ago
Medial
The US House of Representatives has passed a bill that could force TikTok to divest from its Chinese owner, ByteDance, or face a ban in the United States. The legislation gained bipartisan support and threatens the popular video-sharing app's future in the country. However, the fate of the bill remains uncertain as it moves to the Senate, where some lawmakers are hesitant about taking such drastic action against an app with 170 million US users. The bill also grants the president the power to designate other applications as national security threats. TikTok's parent company has 180 days to sell the app or risk being barred from app stores in the US.
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Related News
U.S. House passes revised bill to ban TikTok or force sale
TechCrunch
·
1y ago
Medial
The US House of Representatives has passed a bill that would require the sale of popular social media app TikTok or face a ban in the country. The bill provides ByteDance, TikTok's parent company, with a nine-month window to sell the app, with an additional 90-day extension possible. The bill received overwhelming support from both Republicans and Democrats. If passed by the Senate, President Joe Biden has indicated he will sign it. TikTok is expected to challenge the bill in court if it becomes law. Concerns over national security threats and data privacy have been cited as reasons for the proposed ban.
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The bill that could ban TikTok passes in the House
TechCrunch
·
1y ago
Medial
The House of Representatives has passed a bill that would require social media platform TikTok to sever ties with its parent company, ByteDance, within six months or face being banned in the US. The bill received bipartisan support, with a vote of 352-65. However, the fate of the legislation remains uncertain as it heads to the Senate. TikTok has urged the Senate to consider the potential impact on the economy and the millions of Americans who use the platform. Former President Donald Trump, who initially sought to ban TikTok, now opposes the move.
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House passes bill that could ban TikTok
The Verge
·
1y ago
Medial
The US House has voted in favor of a measure that could lead to the ban of TikTok unless the popular video-sharing app separates from its Chinese parent company, ByteDance. The bill would penalize app stores and web hosting services that still host TikTok. Although the legislation still needs to clear the Senate, President Joe Biden has already expressed his support. The move comes amid concerns that Chinese law could force ByteDance to hand over information on US users, posing a national security risk. TikTok has denied storing US user information in China and has been working on data protection measures.
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TikTok Ban in US: House passes bill with majority, Senate vote next & more
Livemint
·
1y ago
Medial
The United States House of Representatives has passed a bill to prohibit Chinese social media platform TikTok, with 352 votes in favour and 65 against. The bill now moves on to the US Senate and later to the White House for the President's signature. The move comes amid concerns over national security related to TikTok's Chinese parent company, ByteDance. The bill requires ByteDance to divest from TikTok within 165 days or cease operations in the US, and also demands the relinquishment of TikTok's algorithm if it is to continue US operations.
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TikTok leaders are pretty surprised that a bill to ban TikTok is zooming through Congress: report
Business Insider
·
1y ago
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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China Signals Opposition to Forced Sale of TikTok in the U.S.
Livemint
·
1y ago
Medial
The Chinese government has indicated that it will not allow a forced sale of TikTok, limiting options for the app's owners as potential buyers emerge for its US operations. Chinese officials have criticised the US for its actions against the app and have sent signals to ByteDance, TikTok's Beijing-based owner, suggesting that the government would prefer to see the app banned in the US rather than sold. The House in the US recently voted overwhelmingly in favour of a bill requiring ByteDance to sell TikTok due to concerns over national security.
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House Set to Vote on TikTok Ban as Lobbyists Turn Attention to Senate
Livemint
·
1y ago
Medial
The House is expected to pass a bill that would ban TikTok in the US or force its sale. The legislation is driven by concerns over data privacy and the potential for Chinese influence on American public opinion. TikTok has faced previous attempts to ban it, but has spent millions on lobbying to fight against such actions. The bill would give TikTok's parent company, ByteDance, five months to comply with divestiture or risk being banned from app stores and web-hosting services in the US. The fate of the bill in the Senate is uncertain.
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US Senate passes TikTok divestment-or-ban bill, Joe Biden set to make it law
Economic Times
·
1y ago
Medial
The U.S. Senate has voted to ban TikTok in the country if its owner, ByteDance, does not divest the app within the next nine months to a year. The move comes amid concerns that Chinese access to Americans' data through the app poses a national security risk. The bill has been passed by the U.S. House of Representatives and President Joe Biden is expected to sign it into law. TikTok plans to challenge the legislation on First Amendment grounds. The ban could set a precedent for other countries to follow suit.
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TikTok execs believed Biden joining the app meant a ban was no longer an imminent threat: WSJ
Business Insider
·
1y ago
Medial
Executives at TikTok felt reassured that calls for a ban on the app had quieted due to President Joe Biden's decision to join the platform in February and post videos, according to The Wall Street Journal. However, a bipartisan bill was introduced in the House shortly after a meeting between TikTok executives and lawmakers, which would require the Chinese company ByteDance to sell TikTok or face a ban in the US. The bill was shaped by Biden administration officials, and Biden himself has indicated he would sign the ban if it reaches his desk. TikTok and free-speech groups argue that the ban would violate the First Amendment.
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Trump ex-Treasury chief seeks TikTok buyout bid as China seethes
Economic Times
·
1y ago
Medial
Former US Treasury Secretary, Steve Mnuchin, has announced plans to lead a buyout bid for TikTok once a bill forcing the sale of the Chinese-owned social media app passes. The US House of Representatives has already approved the bill, which would require TikTok to divest from its parent company or face a nationwide ban. Mnuchin stated that TikTok should be owned by US businesses, as he believes the Chinese government would not allow a similar scenario in China. Beijing, however, criticized the bill and vowed to protect its rights and interests.
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