Smiley face
Weather     Live Markets

On Wednesday, TikTok criticized the House of Representatives for attempting to tie legislation that threatens to ban the social media platform with aid for Ukraine, Israel, and Taiwan. TikTok accused House lawmakers of violating Americans’ First Amendment rights, stating that the ban bill would impact millions of users and businesses and harm the U.S. economy. Speaker Mike Johnson plans to bring three stand-alone aid packages for Ukraine, Israel, and Taiwan to a vote and tie foreign aid to a package containing updated TikTok legislation.

Last month, the House approved a bill that would force ByteDance, TikTok’s Chinese parent company, to sell its stake in the platform within six months or risk a nationwide ban. The updated legislation extends the divestment period to 12 months, a change supported by Senator Maria Cantwell. The House is expected to vote on the TikTok bill along with other foreign policy proposals, such as seizing assets from Russia’s central bank to aid Ukraine. If approved, the measures will move to the Senate as a single package, increasing the likelihood of the TikTok bill becoming law.

President Joe Biden has indicated that he would sign the bill targeting TikTok if it reaches his desk. However, legal challenges are anticipated if the legislation is enacted. TikTok has been vocal in its opposition to the ban and has faced scrutiny over its ties to Beijing. Concerns about data sharing with the Chinese government have raised privacy and national security issues in the U.S. Former President Donald Trump previously attempted to ban TikTok in 2020 but faced opposition from the courts. Trump has since changed his stance on the platform, suggesting that a ban would benefit rivals like Meta CEO Mark Zuckerberg.

Former Treasury Secretary Steve Mnuchin has expressed interest in acquiring TikTok, emphasizing the need for U.S. ownership of the platform. Mnuchin stated that Chinese authorities would not allow a U.S. company to own a similar platform in China, highlighting the importance of American control over TikTok. The ongoing debate over TikTok’s ownership and potential ban underscores the complexities of technology regulation, national security concerns, and foreign policy implications. The outcome of the legislative efforts surrounding TikTok will have significant implications for the future of social media platforms and international relations.

Share.
© 2024 Globe Echo. All Rights Reserved.