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US Legislates to Compel ByteDance Divestment from TikTok or Risk Ban

US House Approves Bill Forcing TikTok Divestment Amid Bipartisan Unity

Editor Ritam English by Editor Ritam English
Mar 14, 2024, 11:21 am IST
US Lawmakers Draw Inspiration from Bharat, Pass Bill to Regulate Ownership of Chinese App TikTok

US Lawmakers Draw Inspiration from Bharat, Pass Bill to Regulate Ownership of Chinese App TikTok

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In a significant move, the US House of Representatives has given the green light to a bill that demands the popular social media platform TikTok to sever ties with its Chinese owner, ByteDance, or face a ban from operating in America. The decision, made with a notable 352 votes in favor and 65 against, showcases a rare moment of unity among the typically politically divided members of Congress, as reported.

China swiftly condemned this action by the US, denouncing it as “an act of bullying” against the video-sharing app. This legislative push deals a significant blow to TikTok, which has experienced a meteoric rise in popularity worldwide.

Under the proposed law, TikTok would be required to divest its assets to an American entity if it wishes to continue its operations within the United States. With over 170 million users in the US alone, this move could have profound implications for the platform’s future.

Responding to the development, the Chinese foreign ministry cautioned the US against what it perceives as bullying tactics. Wang Wenbin, a spokesperson for the Chinese government, emphasized that despite the lack of evidence regarding national security threats posed by TikTok, the US continues to target the app.

Wang voiced concerns that such actions could disrupt market operations, undermine investor confidence, and disrupt the global economic order. He accused American authorities of resorting to bullying tactics due to an inability to withstand fair competition.

US officials have long expressed apprehensions about potential data security risks stemming from TikTok’s Chinese ownership. There are fears that the Chinese government could access user data and exploit the platform for propaganda or misinformation purposes. White House national security adviser Jake Sullivan highlighted the goal of ending Chinese ownership, rather than outright banning TikTok, citing concerns over data privacy.

TikTok has vehemently opposed the proposed legislation, arguing that it unfairly targets freedom of expression for millions of Americans. CEO Shou Zi Chew is scheduled to visit Capitol Hill to engage with senators regarding the bill, indicating the high stakes involved in this legislative battle.

Tags: TikTokByteDance
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