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TikTok's Fate in the US: What You Need to Know
Current Law Restricts Foreign Ownership of TikTok
The US House of Representatives recently passed a bill that would restrict foreign ownership of TikTok. The bill, which is now awaiting Senate approval, would require ByteDance, the Chinese company that owns TikTok, to sell the app within six months to a buyer that satisfies the US government. This law is broader than just TikTok and restricts foreign ownership from a longer list of companies.
What This Means for TikTok's Future in the US
If the bill is passed into law, it would have a significant impact on TikTok's future in the US. ByteDance would have to sell the app to a US company, which could lead to changes in the app's content and operations. It is also possible that TikTok could be banned in the US altogether if the government determines that it poses a national security risk.
Other Services Can Perform the Same Functions as TikTok
While TikTok is one of the most popular short-form video apps in the world, other services are capable of performing the same functions. These services include YouTube Shorts, Instagram Reels, and Snapchat Spotlight. If TikTok is banned in the US, these other services are likely to see an increase in users.
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