Business Maverick: Biden administration backs new TikTok bill, wants swift passage

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 84%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The White House endorsed a bipartisan bill that could give the president authority to ban or force a sale of TikTok, support that could hasten passage and break a deadlock over how to address privacy concerns around the popular Chinese-owned app.

The bill introduced on Tuesday would give the president the ability to force the sale of foreign-owned technologies, applications, software or e-commerce platforms if they present a national security threat to US users. It doesn’t mention Beijing-based Bytedance’s TikTok by name, but the video-sharing app, which has about 100 million users in the US, is the clear target.

At the same time, the administration wants to avoid the legal challenges that beset former president Donald Trump’s push to ban TikTok and Tencent Holdings’s WeChat messaging app. Trump ordered those products banned from app stores in 2020, but a federal judge blocked the order, arguing that it would violate free speech rights.

It was unclear how the bill introduced by Warner and John Thune, the Senate’s No 2 Republican, might affect a separate national-security review of TikTok. That review, led by the Committee on Foreign Investment in the US, or Cfius, was meant to come to an agreement addressing concerns surrounding US user data. But that process appears to have stalled.

The backlash has had TikTok waging an all-out charm offensive globally for months. To drum up goodwill and defend its data protection and content moderation policies in Washington, executives have enlisted lobbyists to engage with more than 100 congressional offices. In the second quarter of last year, TikTok spent $2.1-million on lobbying on issues including children’s privacy, content moderation and antitrust – the most to date.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Well if you want the Chinese communist party knowing everything about you and having unprecedented power to influence your society thru social engineering, then by all means, carry on! If not, ban the motherfucker now!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Auction for 13% of world’s white rhinos to start at R180 million | BusinessThe cost, excluding the land, equipment and some other animals at the ranch, equates to about $5 000 a rhino as there are around 2 000 of the endangered pachyderms at the Platinum Rhino project near Klerksdorp. _Business 10 horns alone are worth $10 million...
Source: News24 - 🏆 4. / 80 Read more »