Legislation that could force a TikTok ban revived as part of House foreign aid package

Deborah Mayer holds one of the luxury handbags she sells on TikTok, Wednesday, March 21, 2024, in Freehold, N.J. Mayer has sold new and pre-owned handbags and other designer goods out of her New Jersey home for 16 years. Early last year, TikTok recruited her business for the live component of TikTok Shop. – Legislation that could ban TikTok in the U.S.

“Extending the divestment period is necessary to ensure there is enough time for a new buyer to get a deal done,” said Cantwell, who had previously expressed doubts about the bill. ”I support this updated legislation.” Since mid-March, the company has spent $5 million on TV ads opposing the legislation, according to AdImpact, an advertising tracking firm. The ads have included a range of content creators, including a nun, extolling the positive impacts of the platform on their lives and arguing a ban would trample on the First Amendment.

Passage of the bill would be the most significant step Congress has taken in decades to regulate the tech industry. For years Congress hasthat would protect users’ privacy, protect children from online threats, make companies more liable for their content and put loose guardrails around artificial intelligence, among other things.

Source: Law Daily Report (lawdailyreport.net)

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