Governance
Joe Biden vows to sign TikTok crackdown as Donald Trump voices concern
OUR TAKEAlthough Biden and the Committee has negative attitude on TikTok, Trump, the presumptive 2024 Republican presidential nominee, believes that if TikTok leaves the U.S. market, it will lead to an expansion of Facebook’s market and he doesn’t want Facebook get succeed.This may have something to…
Headline
OUR TAKEAlthough Biden and the Committee has negative attitude on TikTok, Trump, the presumptive 2024 Republican presidential nominee, believes that if TikTok leaves the U.S. market, it will lead to an expansion of Facebook’s market and he doesn’t want Facebook get succeed.This…
Context
OUR TAKE Although Biden and the Committee has negative attitude on TikTok, Trump, the presumptive 2024 Republican presidential nominee, believes that if TikTok leaves the U.S. market, it will lead to an expansion of Facebook’s market and he doesn’t want Facebook get succeed. This may have something to do with the fact that he had criticized Facebook’s parent Meta Platforms, opens new tab for revoking his access to Facebook and Instagram after removing two of his posts during the January. 6, 2021, U.S. Capitol riot. US President Joe Biden announced today he would sign legislation forcing Chinese tech giant ByteDance to divest from its popular social media platform, TikTok. -Jennifer YU, BTW reporter US President Joe Biden announced today he would sign legislation forcing Chinese tech giant ByteDance to divest from its popular social media platform, TikTok.
Evidence
Pending intelligence enrichment.
Analysis
The legislation, known as the “Protecting Americans from Foreign Adversary Controlled Applications Act, “has garnered bipartisan support in the House of Representatives. The House Committee on Energy and Commerce (HEC) passed the bill by a unanimous 50-0 vote on Thursday. This legislation designed to curb the influence of foreign-controlled apps in the United States. Specifically, it would give ByteDance 165 days to divest from TikTok. If it failed to do so, app stores run by Apple, Alphabet’s Google and others can’t legally offer TikTok or serve other apps controlled by ByteDance. The bill is expected to be voted on as early as next week. Also Read: Facebook and Instagram experience widespread outages Also Read: Biden’s deputy press secretary Olivia Dalton to leave for Apple
Key Points
- US president Joe Biden says he would sign the legislation if Congress passes it, which gives China’s ByteDance about six months to divest the popular TikTok short video app.
- Meanwhile, presumptive 2024 Republican nominee Donald Trump warns such a move would let Facebook ‘double their business’
Actions
Pending intelligence enrichment.
