TikTok has become a significant force in the realm of short-form video, boasting a user base of 170 million in the US.
President Joe Biden.
On Wednesday, President Joe Biden enacted a new law that puts the future of TikTok, a popular video-streaming application, under threat in the United States.
The law mandates that TikTok’s parent company, ByteDance, must divest its interest in the app within one year or face a ban. This legislation represents the most significant action taken by the US in its ongoing technology dispute with China.
ByteDance, a Chinese tech giant, acquired the then-popular karaoke app Musical.ly in 2017 and relaunched it as TikTok. Since its rebranding, the app has been scrutinized by U.S. national security officials over concerns of potential influence by the Chinese government.
Addressing concerns about foreign influence, Democratic Sen. Maria Cantwell, chair of the Senate Commerce Committee, stated, “Congress is not acting to punish ByteDance, TikTok, or any other individual company. Congress is acting to prevent foreign adversaries from conducting espionage, surveillance, maligned operations, harming vulnerable Americans, our servicemen and women, and our U.S. government personnel.”
Following the signing of the bill, TikTok CEO Shou Zi Chew reassured users in a video message, expressing confidence in overcoming the legal challenges and advising that users should not expect any disruption to the app’s services.