The bill that would require Chinese owners to sell TikTok to a local firm in order to continue operating in the USA is set to receive cautious treatment in the Senate after its approval in the lower house. The House of Representatives quickly approved the bill on Wednesday, with President Joe Biden endorsing it for promulgation after passing through Congress.
However, key legislators in the Senate have indicated that they will subject the proposed law to the usual legislative process, which could take months. Senator Ron Wyden, who chairs the Senate Finance Committee, emphasized the importance of gathering concrete facts before taking action in rapidly evolving fields like technology.
The US government’s concerns about TikTok stem from its Chinese ownership and potential ties to the Chinese Communist Party, raising national security issues. Beijing has criticized the US for obstructing a fair environment for foreign companies and accused the US of acting like criminals. Chinese economist Mei Xinyu likened the US actions to a daylight robbery.
TikTok has denied allegations of data privacy breaches and emphasized its investment in maintaining US data security. However, critics argue that the algorithm used by TikTok must also be separated from ByteDance to address security concerns effectively. Some influential senators have expressed doubts about the bill’s chances of success, with Senator Josh Hawley describing his opposition to the initiative as a series of cuts.
In conclusion, while supporters of TikTok are bracing for potential obstacles in the Senate, they remain hopeful that their efforts will prevail despite significant challenges surrounding ownership and security implications raised by this popular video platform.
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