House Passes Bill to Force TikTok Sale Over Privacy Fears; Ban Looms

April 18, 2024
House Passes Bill to Force TikTok Sale Over Privacy Fears; Ban Looms
  • The U.S. House of Representatives has passed a bill mandating the sale of TikTok by its Chinese owner ByteDance within a year, with a possible three-month extension.

  • Failure to comply with the bill's requirements could lead to a ban of TikTok in the United States.

  • This bill, included in a foreign aid package, is set for an expedited vote in the Senate and has President Biden's support for signing.

  • A potential TikTok ban would remove it from US app stores unless it is sold to a new owner, but the sale is complicated by valuation difficulties and the app's proprietary recommendation algorithm.

  • The bill's passage reflects ongoing concerns about data privacy, Chinese influence, and has broader implications for the tech industry's regulation on privacy and online safety, particularly for children.

  • Despite unveiling a proposal for a national data privacy standard, Congress has not yet taken comprehensive action on tech industry regulation.

  • TikTok has signaled a possible legal challenge to the legislation, citing disappointment with the bill.

Summary based on 16 sources


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