TikTok Ban Legislation: What You Need to Know and Why It Matters
On Tuesday, the United States Senate passed a law aimed at blocking TikTok from operating within its borders. President Joe Biden signed the bill into law on Wednesday, enforcing an immediate implementation of the ban. The legislation provides ByteDance with 270 days to find a buyer from a non-adversary country to sell the company. If no such investor is found, TikTok will be blocked in the US on stores and services.
TikTok has expressed opposition to the law, stating that it is unconstitutional and that they believe they will ultimately prevail in court challenges. The platform has also emphasized the devastating impact that such a ban would have on 7 million US companies and 170 million Americans who use TikTok daily. The concerns over TikTok stem from fears that China could access sensitive information from US users through ByteDance and manipulate content on the app to sway public opinion. Despite these concerns, TikTok and ByteDance have made it clear that they have no plans to sell their company, highlighting their economic contribution to the US economy.
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