Did The Tiktok Ban Bill Pass? Are They Really Banning TikTok?
by Alaguvelan M
Updated Mar 14, 2024
Did The Tiktok Ban Bill Pass?
The TikTok ban bill was passed recently through The House of Representatives, this bill is a guide to ban TikTok in the US or it may lead to a separate Chinese parent company, ByteDance. This bill passed through bipartisan support, but its destiny in the Senate remains uncertain.
This action is for TikTok Chinese ownership, worries about potential data violation. However, TikTok disagrees with any aim of sharing user data with Beijing. To indicate the House’s decision, TikTok is strongly pressuring against the bill, fighting to harm free expression.
This decision is due to concerns about data security and China's influence. The bill still needs to be passed by the Senate, and it will be signed into law by President Biden. There are a lot of talks surrounding banning TikTok, so we will wait for the confirmed news.
Are They Really Banning TikTok?
TikTok Strongly opposes the idea, blaming the process as secretive and claiming that the proposed bill is essentially a ban on masks. The company has launched a strong pressuring movement, encouraging users to reach out to Congress.
Despite these efforts, if the bill passes the Senate, TikTok faces many challenges. The company plans to use a legal path to challenge the ban and is careful about selling its U.S. operations. Potential buyers may be unsold by antitrust laws and the need for Beijing's approval.
Between these uncertainties, TikTok investors are considering an initial public offering, but leaving the U.S. market could impact its value.
Did The Tiktok Ban Bill Pass - FAQs
The TikTok ban bill is a piece of legislation aimed at banning TikTok in the US or forcing it to separate from its Chinese parent company, ByteDance.
Yes, the TikTok ban bill has passed through the House of Representatives recently.
The TikTok ban bill aims to address concerns regarding TikTok's Chinese ownership and potential data security issues.
Yes, the TikTok ban bill received bipartisan support in the House of Representatives.
The TikTok ban bill will now proceed to the Senate for further consideration and potential approval.