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And I think there’s also this question, too, around what about TikTok makes it so harmful? Even though it has increasingly become a place for news, there’s plenty of people who simply use this app for entertainment. And what they’re seeing out of Washington just doesn’t square with the reality they experience when they pull out their phones. I mean, the company is really approaching this with the idea that the First Amendment rights of Americans are being infringed on. But if you remember, the government has been working on this law. And they can justify an infringing of First Amendment rights in certain cases, including with national security concerns.
Building Division City of San José - City of San Jose, CA
Building Division City of San José.
Posted: Mon, 19 Dec 2022 23:08:47 GMT [source]
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ByteDance and TikTok are very much global organizations. So the bottom line here is that the clock has started on this potential sale, right? I mean, people would still have the app on their phones, right? You can enter your zip code, and there’s a button that appears. And you can press it, and the call goes straight to your representative. So TikTok has this army of lobbyists that’s suddenly scrambling.
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It was unclear exactly how many students had been suspended. 00 PM deadline for protesters to clear out of the encampment at the center of Columbia University has come and gone, and there’s still quite a large contingent inside the encampment. And the legal experts that I’ve spoken with say this is a really big and sticky area of the law, and it’s a huge case. And they really think that this will go to the Supreme Court, regardless of who wins in the first round of this.
So the Chinese government could let the sale go through potentially, but as a kind of an empty shell, right? The thing that makes TikTok TikTok, the algorithm, wouldn’t be part of the company. So that probably isn’t very appealing for a potential buyer. But analysts estimate that it will cost tens of billions of dollars.
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And so it’ll be up to a judge on whether those concerns pass muster and justify this sale and even a potential ban of TikTok. But it’s never been able to shake these concerns around the fact that it has really close ties to China. And lawmakers, for years, have been worried that the Chinese government could somehow use ByteDance and TikTok to get information on Americans or possibly spread propaganda. Custom modifications typically take 3-4 weeks, but can vary depending on the volume and complexity of the changes. The exact time frame to complete your plans will be specified in the quote.
So the law is really trying to push ByteDance, the company that owns TikTok, to sell to a non-Chinese owner. And the company basically has nine months for this sale to happen. There’s an option for President Biden to add another three months to that clock. And if the company doesn’t find a buyer or refuses to be sold, it will be banned.
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And I mean, it’s an interesting thing that ByteDance and TikTok have to grapple with. And then there is the chance that the Chinese government blocks this sale and says, you cannot do this, ByteDance. — and lobby on the steps of the Capitol and meet with lawmakers.
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