Biden sanctions law that bans TikTok in the USA, understand the decision

The world's most famous app has been under constant scrutiny due to concerns about its data security and its Connections to Chinese government. Now, the promulgation of a lei which prohibits the TikTok our EUA. In response to this threat, the company behind the popular social network announced its intention to judicially challenge American legislation.

No showmetech, you can follow the details of the US government's decision and the reasons behind the TikTok ban. Check out!

Why does the United States want to ban TikTok?

This Wednesday (24), Or president from United States, Joe Biden, signed a bill that orders the prohibition of TikTok in the country. To avoid this measure, the requirement is that the ByteDance, the Chinese company that owns the platform, sells its US operations to a non-Chinese company within nine months.

The legislation, approved by both the Câmara dos Deputados as for Senate of EUA, also forces ByteDance to divest. Most US lawmakers pushed for this measure due to fears that the Beijing government would demand that the Chinese company hand over its users' data. TikTok in the USA, which currently number 170 million.

These concerns led parliamentarians of the Chamber to approve, on April 21, a bill that paves the way for the forced sale of TikTok. They linked this bill to sending aid worth US$95 billion to Ukraine, Israel and Taiwan. On April 23, the legislation passed the approval in the Senate and was then sent to the Biden sanction.

So, what was initially a divestment bill has now become law, and the countdown for ByteDance to take action has begun.

It is worth noting that this is not the first time that North American authorities have threatened to ban the TikTok from the country. O ex-president from the USA, Donald Trump, also tried to ban the application during his term. However, the politician is currently criticizing the new legislation, stating that limiting this social network will unfairly benefit Facebook.

Terms of the ban

Even after TikTok is banned in the US, the law will not take effect immediately. Firstly, the Chinese company has nine months to complete the sale of the application, with an additional period of three months before the effective ban. Additionally, ByteDance is in the process of blocking the forced sale, which also contributes to the delay.

The most direct way for the US to ban TikTok is to remove it from app stores. This will prevent new users from downloading it and deprive existing users of future security updates and bug fixes.

The law prohibits the TikTok in the United States and also that other apps controlled by adversary countries are updated or maintain their presence in the territory.

Positioning of ByteDance and TikTok

Since the threats began, the TikTok has adopted a critical stance towards the United States' decision, arguing that the bill could strengthen other social media companies, which would put thousands of American jobs at risk.

The current spokesperson do TikTok, Alex Haurek, has publicly stated that ByteDance is committed to challenging the law in court. Haurek noted that this legal effort could result in an extension of time if the courts grant a temporary stay of enforcement pending a final ruling.

As we continue to challenge this unconstitutional ban, we will continue to invest and innovate to ensure TikTok remains a space where Americans from all walks of life can share their experiences, find joy, and be inspired

Alex Haurek, TikTok spokesperson

O CEO of the platform, ShowChew, released a video on TikTok this Wednesday (24), in which he contests statements made by North American legislators. He argues that these politicians are only seeking to disconnect the social network from its Chinese ownership, without fully considering the implications of this action.

Who can buy Tiktok?

Firstly, it is essential to highlight that the sale of TikTok is estimated between US $ 40 billion e US $ 50 billion. So far, some investors have shown interest in acquiring the application.

• Bobby Kotick: O former CEO da Activision Blizzard, a company acquired by Microsoft, allegedly proposed to the CEO da OpenAI, Sam altman, a joint acquisition of TikTok.
• Kevin O'Leary: O investor do Shark Tank stated that it would be willing to acquire the social network or join a consortium interested in purchasing it. He also suggested forming a bipartisan group to hand over control of the company to the United States.
• Steve Mnuchin: O ex-secretary do United States Treasury announced that it is in negotiations with other investors to acquire the Chinese application.
• Chris Pavlovski: O CEO do Rumble expressed its interest in forming a consortium to acquire the TikTok, although the composition of this group still remains uncertain.

Sources: The Verge, with the BBC, CNN, G1

See also on showmetech:

reviewed by Glaucon Vital in 24 / 4 / 24.