TikTok Ban Bill Becomes Law, Gives TikTok 9 Months To Sell
TikTok Ban Bill Becomes Law, Gives TikTok 9 Months To Sell
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.
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They may just pull out of the US completely
They'd be right to do so.
The way this got passed was criminally sleazy. And there's no reason for a foreign company to hand over its IP to some Wall Street thugs.
The can sell to non-us companies no problem. Doesn't have to involve Wallstreet.
Why would they do that? Any arrangement that sees money come back to them more than once will be seen as them still owning it. And they aren't about to open the door to their codebase and algorithm when they still have the entire rest of the world. It's something like 6.5 billion people who aren't American or Chinese on this planet.
I'm not saying they would, just saying it doesn't have to involve Wallstreet.
that's true too
And nothing of value was lost. While I've railed against the unwarranted mass data collection by the NSA and other 3-letter agencies via US carriers and app creators, Tik-Tok is controlled by a foreign adversary that is actively engaging in cyber attacks and has been shown to have far-reaching data collection capacities.
People can be mad about the US policies and celebrate the banning of Tik-Tok at the same time.
Best thing to do if you disobey the first rule: don't stick your Tik in crazy.
Trudat