Troy Smith
The Biden Administration is reportedly threatening to ban TikTok in the United States if Chinese company ByteDance refuses to sell their ownership.
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TikTok spokesperson Maureen Shanahan said this about the threats…
If protecting national security is the objective, divestment doesn’t solve the problem,
A change in ownership would not impose any new restrictions on data flows or access. The best way to address concerns about national security is with the transparent, US-based protection of US user data and systems, with robust third-party monitoring, vetting, and verification, which we are already implementing.
TikTok spokesperson Maureen Shanahan
The House Affairs Committee has already submitted a bill to ban TikTok in the United States. Former President Donald Trump had also signed an order banning TikTok.
There are a reported 113 million TikTok users in the United States, more than a third of our entire population. 80 million of them are active users.
Podcaster Joe Rogan made headlines last year by reading the intrusive TikTok terms and conditions during an episoe of his podcast. See that moment below…
Joe Rogan reviews TikTok’s Crazy Terms of Service
— DrRay (@DrNoMask) July 26, 2022
Full clip belowhttps://t.co/HVNa1gsdSe pic.twitter.com/DmEpExqpzM
This caused an uproar, and many users to delete the app off of their phone. Despite the fact that the pervasive nature of their terms of service has been revealed, TikTok still has over 1.58 billion users worldwide.
One can only imagine the data they have amassed, especially since Joe Rogan revealed how much information they have access to.
Shares in social media companies Snap and Meta jumped in after-hours trading on Wednesday after the Biden administration was reported to be considering banning TikTok in the U.S. unless Chinese tech giant ByteDance divests its stake.
Snap shares surged nearly 7% while Meta shares rose more than 2% after The Wall Street Journal reported that TikTok faces a possible ban in the U.S. if ByteDance fails to comply with the Biden Administration’s proposition.
U.S. lawmakers have expressed concern that TikTok, by virtue of its Chinese ownership, poses a potential national security threat, with U.S. Senator Mark Warner, D-Va., recently saying that “This competition with China around who dominates technology domains, that really is where the nexus of national security lies going forward.”
https://www.cnbc.com/2023/03/15/snap-meta-stocks-rise-on-report-that-biden-may-ban-tiktok.html
