beenz
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and how does this differentiate it from FB, IG, YT and google itself?
US house overwhelmingly passes bill to ban tiktok in the US
- Thread starter Jalether
- Start date
and how does this differentiate it from FB, IG, YT and google itself?
bunch of old out of touch politicians hating on da yoofs. 
Because it's their product and they're not ready to sell it. TikTok wouldn't be the same if owned by the US.
Bullshyt. If all they care about is the product helping Americans, selling won't be a problem.
Plenty of Americans with the knowhow on running a social media app....CCP must give up control.
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They couldn't get it passed back then but it's clear they've been trying for years, so I don't understand why people are acting like it's because of Palestine.Yeah that's what im saying...question is WHY DIDN'T THEY THEN?!?
math not mathing...
Nah israel mad because alot of the crimes they committing getting exposed by tiktok. and the problem is that since it's chinese owned they cant call up the creators so easily and censor that shyt so they trying to get it banned in the u.s. because they can't control it...
They've been trying to ban it for years, before Israel's crimes were being broadcast.Nah israel mad because alot of the crimes they committing getting exposed by tiktok. and the problem is that since it's chinese owned they cant call up the creators so easily and censor that shyt so they trying to get it banned in the u.s. because they can't control it...
They've been trying to ban it for years, before Israel's crimes were being broadcast.
Yeah, but the point still stands that the govt hopped to attention when their israeli friends who line they pockets demanded it...
iykykit doesnt take a law to ban a website.. just like it doesnt take a law to falsely arrest an innocent person cops do it anyways...
I get on tiktok and see #dogset videos, people cooking, DIY shyt...come to the coli and people are like "BAN THAT shyt! 
".
".The government has been trying to ban it for years, nothing has changed.Yeah, but the point still stands that the govt hopped to attention when their isareli friends who line they pockets demanded it...
it doesnt take a law to ban a website.. just like it doesnt take a law to falsely arrest an innocent person cops do it anyways...
The government has been trying to ban it for years, nothing has changed.
There is no try, only do...
Former Treasury Secretary Steve Mnuchin says he's putting together investor group to buy TikTok
Former Treasury Secretary Steven Mnuchin says he’s going to put together an investor group to buy TikTok after the House passed a bill that would ban the popular video app in the U.S. if its China-based owner doesn’t sell its stake.
apnews.com
Former Treasury Secretary Steve Mnuchin says he’s putting together investor group to buy TikTok
FILE - Former Treasury Secretary Steve Mnuchin speaks with reporters outside the White House, March 29, 2020, in Washington. Mnuchin says he’s going to put together an investor group to buy TikTok, a day after the House of Representatives passed a bill that would ban the popular video app in the U.S. if its China-based owner doesn’t sell its stake.(AP Photo/Patrick Semansky, File)
BY ASSOCIATED PRESS
Updated 10:19 AM EDT, March 14, 2024
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Former U.S. Treasury Secretary Steven Mnuchin says he’s going to put together an investor group to buy TikTok, a day after the House of Representatives passed a bill that would ban the popular video app in the U.S. if its China-based owner doesn’t sell its stake.
TikTok, which has more than 170 million American users, is a wholly-owned subsidiary of Chinese technology firm ByteDance Ltd.
Speaking on CNBC’s “Squawk Box,” Mnuchin said Thursday that he believes TikTok should be sold.
“This should be owned by U.S. businesses. There’s no way that the Chinese would ever let a U.S. company own something like this in China,” said Mnuchin.
Mnuchin, the U.S. Treasury secretary under President Donald Trump, didn’t provide details on who else may be included in the investor group he plans on forming or TikTok’s possible valuation.
TikTok did not immediately respond to a request for comment.
The House bill, passed by a vote of 352-65, now goes to the Senate, where its prospects are unclear. House lawmakers had acted on concerns that TikTok’s current ownership structure is a national security threat.
Lawmakers in the Senate have indicated that the measure will undergo a thorough review. Senate Majority Leader Chuck Schumer, D-N.Y., has said that he’ll have to consult with relevant committee chairs to determine the bill’s path.
READ MORE
Chinese city officials issue a rare apology after authorities harass journalists on live TV
US lawmakers see TikTok as China’s tool, even as it distances itself from Beijing
President Joe Biden has said if Congress passes the measure, he will sign it.
TikTok has long denied that it could be used as a tool of the Chinese government. The company has said it has never shared U.S. user data with Chinese authorities and won’t do so if it is asked. To date, the U.S. government also has not provided evidence that shows TikTok shared such information with Chinese authorities.
WHO ELSE COULD BUY TIKTOK?
While some others have voiced an interest in buying TikTok’s U.S. business — among them “Shark Tank” star Kevin O’Leary — there are a number of challenges including a 6-month deadline to get it done.“Somebody would have to actually be ready to shell out the large amount of money that this product and system is worth,” said Stanford University researcher Graham Webster, who studies Chinese technology policy and U.S.-China relations. “But even if somebody has deep enough pockets and is ready to go into negotiating to purchase, this sort of matchmaking on acquisitions is not quick.”
Big tech companies could afford it but would likely face intense scrutiny from antitrust regulators in both the U.S. and China. Then again, if the bill actually becomes law and survives First Amendment court challenges, it could make TikTok cheaper to buy.
“One of the main effects of the legislation would be to decrease the sale price,” said Matt Perault, director of the University of North Carolina’s Center on Technology Policy, which gets funding from TikTok and other tech companies. “As you approach that 180-day clock, the pressure on the company to sell or risk being banned entirely would be high, which would mean probably the acquirers could get it at a lower price.”
HASN’T SOMEONE TRIED TO BUY TIKTOK BEFORE?
Yes. The Trump administration — Mnuchin was Treasury secretary at the time — brokered a deal in 2020 that would have had U.S. corporations Oracle and Walmart take a large stake in TikTok on national security grounds.The deal would have also made Oracle responsible for hosting all TikTok’s U.S. user data and securing computer systems to ensure national security requirements are satisfied. Microsoft also made a failed bid for TikTok that its CEO Satya Nadella later described as the “strangest thing I’ve ever worked on.”
Instead of congressional action, the 2020 arrangement was in response to then-President Trump’s series of executive actions targeting TikTok.
But the sale never went through for a number of reasons. Trump’s executive orders got held up in court as the 2020 presidential election loomed. China also had imposed stricter export controls on its technology providers.
So you don't understand how the government works, ok.There is no try, only do...