bcla
On our rugged Eastern foothills.....
- Joined
- Nov 28, 2012
- Messages
- 25,754
I'm not sure exactly how it would work if TikTok needs to be divested. The United States is apparently 15% of TikTok (separate from the Chinese Douyin) traffic. However, a good deal of their infrastructure and software development happens in the United States. I remember a few years back they were in talks to sell to Microsoft after an executive order, but that seemed to end after a federal court ruled that an EO couldn't be enforced.
The House on Wednesday passed a bill that would lead to a nationwide ban of the popular video app TikTok if its China-based owner doesn’t sell its stake, as lawmakers acted on concerns that the company’s current ownership structure is a national security threat.
The bill, passed by a vote of 352-65, now goes to the Senate, where its prospects are unclear.
TikTok, which has more than 150 million American users, is a wholly owned subsidiary of Chinese technology firm ByteDance Ltd.
The lawmakers contend that ByteDance is beholden to the Chinese government, which could demand access to the data of TikTok’s consumers in the U.S. any time it wants. The worry stems from a set of Chinese national security laws that compel organizations to assist with intelligence gathering.