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Biden signs TikTok bill into law, starting clock for ByteDance to divest

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Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#201
post #75

>The "Protecting Americans From Foreign Adversary Controlled Applications Act" was approved as part of a larger appropriations bill that provides aid to Ukraine, Israel, and Taiwan. Regardless of your opinions on TikTok, this type of thing is incredibly frustrating and routine practice in American politics. Can't actually get support for the legislation you want? Just add it on to some other completely unrelated piec…

Besides the "unrelated legislation" thing, this is just such blatant corporate welfare for the American BigCo's that will buy Tiktok. Microsoft and Google are absolutely salivating at the thought of buying their way into a major social network in 2024, and not only will the Feds not go after them for antitrust, they'll actually greenlight it in advance and mandate the sale. Big tech lobbying money well spent!

The legislation doesn't require American ownership.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#202

If I were Bytedance I would cut off the US. I certainly would not sell to a competitor. And I’d probably do a licensing deal for the content with a new entity without US based shareholders.

USA seems to make around 10-15% of their users, and is probably a big source of income. Purely for the economics, this would be lousy idea. Especially as a cut-off from the USA could influence other markets, including losing them too. EU has some movement too, they probably will watch very close what will happen there and act accordingly.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#203

The work "ban" is in scare quotes for a reason. The law doesn't ban TikTok. Rather, it bans TikTok from having Chinese owners. If the law stands, the end result will likely be that TikTok will be sold to US owners, rather than TikTok going away. It's surprising to me that this this pretty significant distinction has been glossed over both in media reporting and in general comments here on HN. To be clear, I'm not sup…

This is pretty much a ban. Why would the company convert their main product into a competitor? Majority of congress isn't stupid and knows what they want to happen.

Because the shareholders would most likely rather have X billion dollars from selling the company than 0 dollars from refusing to sell and getting banned.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#204

I get why they did it, but it's disappointing to have congress decide what software we're allowed to use. I wonder if China or other countries will do the same for US apps now.

> I wonder if China or other countries will do the same for US apps now. Is this sarcastic ? https://en.wikipedia.org/wiki/List_of_websites_blocked_in_ma...

The Great Firewall of China was a horrible idea when they did it. We don't need to make the same mistake in the US.

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#205
post #140
post #113

I'm not opposed. Granted my basis would be that China effectively bans such social media apps from the outside ... I'm ok with doing the same for them.

I should hope we hold ourselves to a higher bar than China. This would effectively set the precedent that the US Congress can choose winners and losers in the market and even force a sale of a foreign company to an American company. That's the type of action taken by Russia and China that is rightfully condemned. I'd prefer if we focused on why the app is dangerous and maybe pass some comprehensive privacy or anti-mo…

The forced sale of Grindr already demonstrated this precedent

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#206
post #75

>The "Protecting Americans From Foreign Adversary Controlled Applications Act" was approved as part of a larger appropriations bill that provides aid to Ukraine, Israel, and Taiwan. Regardless of your opinions on TikTok, this type of thing is incredibly frustrating and routine practice in American politics. Can't actually get support for the legislation you want? Just add it on to some other completely unrelated piec…

> Can't actually get support for the legislation you want? Just add it on to some other completely unrelated piece of legislation that is more popular

This bill was individually voted on by the House and sent to the Senate in March [1]. There it was deliberated in committee and re-drafted [2]. The House, on Saturday, passed it separately from the Ukraine, Israel and Taiwan votes [3] (alongside Russian asset forfeiture and restrictions on Chinese financial institutions that do business with Iran). It was then bundled in the Senate for an up-and-down vote.

This was absoloutely not an omnibus slip-in.

[1] https://www.reuters.com/technology/us-house-vote-force-byted...

[2] https://www.politico.com/live-updates/2024/03/14/congress/ca...

[3] https://www.congress.gov/bill/118th-congress/house-bill/8038...

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#207

Earlier quoted context omitted.

If TikTok truly is a Chinese psyop, the most effective thing they could do is spend their remaining days sewing discontent with the government, refuse to sell, and let the whole thing burn down, thus riling up "the youths" and teaching them that their own government is a problem. They could also tell TikTok users to install a VPN and access the servers in China directly. I actually see this as a silver lining. I want…

> I actually see this as a silver lining. I want young people to realize the government effects them and can directly ruin things they enjoy. Would you also consider it a win if young people realize the dangers of social media apps owned by geopolitical competitors able to alter the mindset of the population?

Sure, I guess. That's a very loaded question about a complex issue so I'm not sure how to answer it. But I can say, despite the complexities of that issue, my higher ideals are:

I want people to be more involved in politics and I want more people to vote. Wanting more people to vote is a safe side of history to be on I think.

I also want people to be able to access the content and information they choose. If that is the content and information on TikTok, who am I to deny them? I believe in free speech, morally (I say morally because, yes, I know the 1st Amendment doesn't apply everywhere, morally).

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#208

What improvements should Americans expect to see in the next 6-12 months?

Probably exactly zero given that's the basic clock for divestiture to even happen

> The company has an initial nine months to sort out a deal, though the president could extend that another three months if he sees progress.

But I do hope to see improvements in the next 5 years. I'd like to see less trends around destructive behavior: eating tide pods, destroying/defacing property, harassing others.

The algorithm should not be unbiased. We must take manual intervention to hinder the destructive tendencies in human behavior

Re: Biden signs TikTok bill into law, starting clock for ByteDance to divest

#210
post #75

>The "Protecting Americans From Foreign Adversary Controlled Applications Act" was approved as part of a larger appropriations bill that provides aid to Ukraine, Israel, and Taiwan. Regardless of your opinions on TikTok, this type of thing is incredibly frustrating and routine practice in American politics. Can't actually get support for the legislation you want? Just add it on to some other completely unrelated piec…

And the media will provide cover by calling it the tiktok bill to distract the people from the $60 billion given to ukraine and $26 billion given to israel. Wonderful isn't it?

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