The owners of TikTok will have to sell the company, otherwise the platform will be banned in the US

The owners of TikTok will have to sell the company, otherwise the platform will be banned in the US

The US House of Representatives has passed a bill that obliges TikTok to sell the company, otherwise the platform will be banned in the US. The bill was sent to the Senate for a vote, on which the fate of the social network depends.

352 people voted for the bill in the House of Representatives, 65 against. The law obliges the ByteDance company to find a buyer for the TikTok platform within 165 days. If this is ignored, the social network will be banned in the United States and the app will be removed from the App Store and Google Play.

The US authorities believe that the Singapore-based ByteDance is collecting the data of American users and transferring it to China. Representatives of the company have repeatedly emphasized that they do not do this and are in no way connected to the Chinese authorities. During a Senate hearing in February 2024, the following dialogue took place between Senator Tom Cotton and ByteDance CEO Shu Ji Chu:

– What country are you a citizen of?
– Singapore.
– Do you have citizenship of any other country?
– No, senator.
— Have you ever applied for Chinese citizenship?
– Senator, I served my people in Singapore. No, I did not submit it.
– Do you have a Singaporean passport?
– Yes, and I served in the army for two and a half years.
– Do you have a passport from another country?
– No, senator.
– Your wife is an American citizen. Your children are American citizens.
– It is so.
— Have you ever applied for US citizenship?
– No.
— Were you once a member of the Chinese Communist Party?
– Senator, I am Singaporean. No.
— Have you ever been associated with the Communist Party of China?
– No, senator. I repeat, I am Singaporean.

The statements of the CEO of ByteDance seemed unconvincing to the Senate. Authorities are still confident that the company is connected to China and shares data with the government. This, according to the House of Representatives, poses a direct threat to the security and interests of the United States. A vote on the bill is currently expected in the Senate.

At the beginning of March 2024, it became known that the former director of Activision Blizzard, Bobby Kotyk, plans to buy TikTok. He does not rule out a possible partnership with OpenAI CEO Sam Altman.

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