President Biden signed a bill that states if TikTok doesn't cut ties with its China-based parent company ByteDance over the next nine months to a year, it will be banned in the U.S.
If social media apps exist to slurp up as much user info as possible, and they do, then it makes sense to be concerned about the government that they're subject to.
Why is it okay for domestic companies to collect the same data and sell it to China, then?
This shouldn't just affect foreign companies if it's about data collection. It should have been an actual privacy bill. US citizens' privacy will be no better after this.
The United Kingdom is not an adversary of the United States. In fact it's one of our closest allies. But, if anything, that suggests this law isn't enough, not that it's too much.
And the fact that a foreign adversary obtained this information was very bad, agreed? Clearly, it makes sense to take steps to keep that kind of information out of adversarial hands.
The law affects social media apps based in North Korea, China, Iran, and Russia. These four countries are already restricted from participating in sensitive areas of the US economy, with forced sale being an option. The only really novel part of this law is applying such restrictions to software.
You're missing my point. The adversaries have many more avenues than just TikTok (like breaching the domestic companies that collect the data). The law is too specific and therefore does not actually protect us in any real way, at least not on a personal level.
With the sort of detailed personal profile a social media app has on you, they could target your specific beliefs, religious convictions, sexual preferences, political affiliation, fears, interests, desires, etc. to manipulate your opinion in their interests. Doing this on a population-wide scale is what social media platforms are all about (i.e. targeted advertising). It's wise to be concerned about an adversary having such a tool at its disposal. And this is true for all countries, not just the US.