Chinese streaming app of short videos Tick tock amid rumors that its US operations might be sold, has said ‘they’re not going anywhere.’
United States This week passed a new law that would require TikTok’s parent company, ByteDance, to sell its operations in the country or face a ban.
TikTok immediately reiterated its opposition to the ban, saying it was not going anywhere.
A number of reports quickly surfaced earlier suggesting that the Chinese parent company was looking to sell its US operations to another company based in the country.
The magazine The Information reported that it (the Chinese parent company) is making plans to sell its business, but doing so without the algorithm that recommends videos and considers it a central part of its success. is seen as
But ByteDance said in a statement on Chinese social media platform Tutiao that it has no plans to sell TikTok.
The company had previously indicated that it believed the ban would automatically become ineffective.
The Chinese company’s CEO, Shu Zhiqiu, said in a video: ‘Rest assured, we are not going anywhere.’
The video statement from the company chief was posted moments following President Biden signed a bill that would have given ByteDance 270 days to divest TikTok’s US assets or face sanctions. Is.
“The facts and the constitution are with us and we hope to prevail once more,” the Chinese CEO added.
President Biden The deadline for the sale following signing will expire on January 19 of next year, one day before his presidency, but if they (the US administration) determine that the Bite Dance is making progress, that deadline will be extended. Can be extended up to three months.
Joe Biden is facing his rival Donald Trump in the presidential race.
The White House “We don’t want to see a ban (on TikTok),” spokeswoman Karen Jean-Pierre said on Tuesday. It is simply regarding Chinese ownership.’
In 2020, US courts blocked Trump from trying to ban TikTok and WeChat, a unit of Chinese-owned Tencent.
Republican presidential candidate Trump changed his mind on Monday, saying that Biden was pushing for a ban on TikTok.
Appealing to the voters to take notice, he added that if the ban is imposed, they will be responsible for it.
ByteDance’s CEO said: ‘Make no mistake, this is a ban on Tik Tok.’
He stressed that Tik Tok would continue to operate as the company challenged the ban.
Many experts question whether a potential buyer has the financial resources to buy TikTok and whether Chinese and US government agencies will approve the sale.
There is widespread concern among US lawmakers that China might access Americans’ data or survey them through the app.
The bill was overwhelmingly approved by the US Senate on Tuesday night, while the US House of Representatives approved it on Saturday.
The four-year battle over TikTok is a key front in the Internet and technology war between Washington and Beijing.
Last week, Apple said China had ordered it to remove the meta-platforms WhatsApp and Threads from its app stores in the country over national security concerns.
TikTok is set to challenge the bill on the grounds of the US Constitution’s ‘First Amendment’ and TikTok users can also file legal action once more.
In November, a US judge in Montana blocked a state ban on TikTok, citing free speech grounds.
The American Civil Liberties Union said banning TikTok or requiring it to be distributed would “set a dangerous global precedent for excessive government control of social media platforms.”
However, experts say the new legislation is likely to give the Biden administration a strong legal basis to ban TikTok if ByteDance fails to withdraw from the app.
If ByteDance fails to withdraw from TikTok, Apple, Alphabet, Google and other app stores may be legally forced to remove TikTok or web hosting applications or websites controlled by ByteDance. Cannot provide services.
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Senator Lafonza Butler, a Democrat from California, urged the White House to protect TikTok’s 8,000 American employees, most of whom are based in New York or California.
“We must recognize the impact TikTok is having on employees and our local economies as we chart a path forward,” Butler told Biden in a letter.
The bill would also give the White House new tools to ban the sale of other foreign-owned apps or those deemed a security threat.
Democratic Senator Ron Wyden said he was concerned the bill “provides broad authority that a future administration might use to infringe on Americans’ ‘First Amendment’ rights.”
Biden’s campaign plans to continue using TikTok, a campaign official said Wednesday. Trump’s campaign did not join the Tik Tok debate.
President Biden signed a similar law in late 2022 that barred US government employees from using TikTok on official phones.
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2024-07-02 12:48:43
