Less than a week before the possible ban on TikTok In the United States, the social network whose owner is the Chinese company ByteDance could change its luck if the Congress of the North American country approves a new bill that extends its sales deadline of January 19.
The senator Ed Markey announced on the Senate floor on Monday that he plans to introduce legislation to extend TikTok’s deadline, which gives the company 270 additional days to divest from ByteDance and avoid facing a ban in the United States.
The bill, notably, would not override Congress’s initial one, but would give the company more time to reach an agreement, as your legal options are exhausted. Under that framework, the Supreme Court is expected to decide this week whether the initial law, the Protecting Americans from Applications Controlled by Foreign Adversaries Act, violates the First Amendment, as it applies to TikTok, But many judicial sources predict that the ruling is unlikely to be in favor of the social network.
Markey voted to approve the initial bill, which was included in a foreign aid package before the Senate. And in his comments on the Senate floor on Monday, he acknowledged that “TikTok has its problems.” But, he said, “A ban on TikTok would impose serious consequences on millions of Americans who rely on the app for social connections and their economic livelihood. We cannot let that happen.”
“Its main justification (preventing covert manipulation of content by the Chinese government) reflects a desire to control the content of the TikTok platform and, in any case, could be achieved through a less restrictive alternative. And its secondary justification of protecting Chinese government user data could not sustain the ban alone and also ignores that Congress did not consider whether less drastic mitigation measures could address those concerns,” the text presented by the senator in December along with two of his peers, in support of TikTok.
Even if Congress agrees to the deadline extension, ByteDance will face the same decision as now in less than a year: whether it can or wants to sell TikTok. While potential buyers have expressed interest, It is not yet clear whether the Chinese government would be willing to sell it.although some recent reports suggest that they are at least considering the option.
Does Elon Musk buy TikTok?: Donald Trump’s secret plan
President-elect Donald Trump said he wants to “save” TikTok. A possible savior could be Elon Musk. Chinese government officials, according to reports from Bloomberg and The Wall Street Journal, They discussed the sale of the American business from the social media app to the owner of X, formerly known as Twitter.
TikTok’s parent company, ByteDance, is Chinese. Officials would prefer to keep TikTok under ByteDance ownership, according to media reports, but they discussed selling to Musk as part of their contingency plans if the Supreme Court upholds a US law that bans the platform on January 19 unless it is sold to an owner that is not controlled by a foreign adversary.
Trump, who during the election campaign suggested in a social media post that he would “save TikTok,” asked the Supreme Court to suspend the divestment deadline and consider your preference for a “negotiated resolution”given that, as president, he will be responsible for national security. Trump will take office on January 20. Antitrust experts predict that Musk could overcome the legal hurdles imposed by his acquisition of TikTok, which some estimate could amount to $40 billion-$50 billion. One of the reasons is that TikTok and X have different users.
Source: Ambito
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