TikTok US Sale Deal and New Regulations in 2024

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The Most Important Thing

risk is largely a matter of opinion

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Sam Mendoza

·3 years ago
shared a poll post in group #The Most Important Thing
[Group Prediction 2024] What happens to TikTok this year? The company has faced — and dodged — threats like this before. But while the odds are almost always against Congress getting new tech regulations over the finish line, there are reasons to believe things really might be different this time. One key difference here is speed. It’s rare for any legislation, much less a major tech regulation, to be introduced and pass out of committee in two days. A second key difference about this bill: President Biden is working with Republicans. The third and final difference with this bill is that TikTok seems seriously worried about it.

Combo: China blocks sale. Banned. Other?

 

Nate

California Gov. Gavin Newsom launched an investigation into whether TikTok is violating state law by "censoring" content critical of President Trump.  Newsom’s office has “received reports” and “independently confirmed instances” of suppressed content that were critical of Trump following TikTok’s sale, Newsom’s press office posted on X. His office told Politico the independent confirmation involved sending a DM containing the word “Epstein,” which resulted in a warning from TikTok that the message was not sent because it may violate community guidelines. The inability to send messages with the word “Epstein” is a bit of a head-scratcher. “We don't have rules against sharing the name ‘Epstein’ in direct messages and are investigating why some users are experiencing issues,” a TikTok US spokesperson told NPR. Tests by NPR and other accounts showed that the problem was happening inconsistently. politico.com/news/2026/01..

 

Nate

The Trump Administration will get $10 billion in payments from investors in a company designed to safeguard the user data of U.S.-based TikTok users, The Wall Street Journal reported. #REAL Truth wsj.com/tech/tiktok-deal-..
Exclusive | Trump Administration Set to Receive $10 Billion Fee for Brokering TikTok Deal

www.wsj.com

Exclusive | Trump Administration Set to Receive $10 Billion Fee for Brokering TikTok Deal

Investors in the social-media platform’s U.S. business agreed to give the government several multibillion-dollar payments, sources said.

 
Jozhe cast a vote
 
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Jerome Cody

TikTok has backed out of a meeting with the U.S. House Select Committee on China that’s meant to address national security concerns. The company cited “a desire to avoid broader scrutiny of its child safety practices,” according to a statement from committee chairman John Moolenaar on Wednesday. #Digital Wellness 📱🧘 The meeting, five months in the making, was scheduled to take place on September 15. TikTok’s chief security officer Will Farrell was set to appear before a bipartisan roundtable to address questions about China’s influence on TikTok’s algorithm and its access to Americans’ data. The company’s U.S. data security operations were spun out into an American-led joint venture in January as part of a national security deal, though ByteDance continues to control the commercial operations of TikTok. Moolenaar told Bloomberg in an interview that TikTok backed out of the House meeting on August 27, a day after Meta’s $18 billion settlement with U.S. states and territories over claims that Facebook and Instagram were designed to addict children. TikTok claimed it could not answer questions on child-safety issues, Moolenaar said in the interview, even though no part of the roundtable was to focus on them. TikTok didn’t respond to a request for comment. TikTok has continued to face scrutiny in the U.S. even after the landmark national security deal. In May, Senator Ed Markey pressed the U.S. joint venture for more details on the algorithm’s review and the company’s relationship with China, stating that the spin-off deal violated “the spirit, if not the letter” of a 2024 law enacted to prevent Chinese manipulation of TikTok’s content. finance.yahoo.com/media-a..
TikTok Backs Out of House Meeting to Avoid Kids Safety Questions

finance.yahoo.com

TikTok Backs Out of House Meeting to Avoid Kids Safety Questions

TikTok dropped out of an upcoming meeting with the House Select Committee on China on national security issues, saying it couldn’t participate because of unrelated child-safety litigation, the leader

 
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D J

Singapore’s DayOne pushes ahead with a data center IPO tied to TikTok. (theinformation.com/articl..)

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