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New bill will give the Commerce secretary the power to ban TikTok, Sen. Warner says - TL;DR CNBC

New bill will give the Commerce secretary the power to ban TikTok, Sen. Warner says

Publishing timestamp: 2023-03-07 11:16:06


Summary

A new bipartisan bill will empower the Secretary of Commerce to take action against technology companies based in six foreign adversary nations, including China-based TikTok owner ByteDance. Last week, the House Foreign Affairs Committee passed a Republican-sponsored bill with similar goals. TikTok has said it does not store U.S. user data in China and has taken steps to reduce risk of influence from the Chinese government. The bill would not target individual users. TikTok is still in discussions with the Committee on Foreign Investment in the U.S. to approve a plan to mitigate the possibility of Chinese government influence on the app.


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Keywords: joe bidenmobilechinatechnologyunited statessocial mediabreaking news: technologypoliticsbusiness newsbreaking news: politicsgina raimondowarner music group corp

Source: https://www.cnbc.com/2023/03/07/new-bill-will-give-the-commerce-secretary-the-power-to-ban-tiktok.html


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