Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

Tik Tok ban – U.S. house committee makes a unanimous decision

Published

on

The U.S. House Energy and Commerce committee has given the green light to a bill aimed at cracking down on TikTok and other Chinese-owned social media platforms.

The legislation, which seeks to address national security concerns, is part of a broader effort to safeguard American user data from potential misuse by foreign entities, as reported by Reuters.

Lawmakers aim to expedite the legislative process, with the U.S. House of Representatives considering the bill in the coming weeks.

Tick-tock, TikTok

The 50-0 vote represents the most significant momentum for a U.S. crackdown on TikTok, which has about 170 million U.S. users.

“This legislation has a predetermined outcome: a total ban of TikTok in the United States,” the company said after the vote.

“The government is attempting to strip 170 million Americans of their Constitutional right to free expression. This will damage millions of businesses, deny artists an audience, and destroy the livelihoods of countless creators across the country.”

The legislation’s resistance sets the stage for a potential legal and public relations battle as lawmakers push for the ban.

Chinese ownership

Lawmakers leading the initiative, such as Representative Mike Gallagher and Representative Raja Krishnamoorthi, stress the importance of addressing national security concerns associated with Chinese ownership of TikTok.

“TikTok could live on and people could do whatever they want on it provided there is that separation,” Gallagher said

“It is not a ban – think of this as a surgery designed to remove the tumor and thereby save the patient in the process.”

They propose the legislation as a strategic measure, aiming to remove the perceived threat while allowing the platform to continue operating with new ownership.

The closed-door classified briefing on national security concerns provided lawmakers with insights that likely influenced the unanimous vote, indicating a growing bipartisan consensus on the need to act swiftly and decisively regarding TikTok’s ownership structure.

Broader impact

The legislation’s broader implications extend beyond TikTok, potentially impacting Tencent’s WeChat, which faced a ban attempt by then-President Donald Trump in 2020.

Representative Mike Gallagher refrains from speculating on WeChat but underscores the ongoing debate over which companies might fall under the bill’s purview.

The bill proposes a 165-day window for ByteDance to divest from TikTok, with potential consequences for app stores like Apple and Google if divestment does not occur.

Continue Reading

Tech

The biggest entertainment industry continues studio closures

Published

on

Microsoft’s Xbox division announced the closure of several studios post their Bethesda acquisition.

Among the studio closures are Arkane Austin and Tango Gameworks.

Meanwhile, Nintendo hints at a new Switch, and PlayStation backtracks on linking Steam accounts for HellDivers 2.

Nintendo surprises with a NES Championship edition. New games this week include Crow Country, V Rising, Animal Well, and Little Kitty, Big City. #Featured #Trending

Continue Reading

Shows

Cyber attacks: health sector targeted

Published

on

Cyber attacks are rife within the healthcare sector. So what’s the solution?

Cyber inSecurity dives into the challenges, solutions, and real-world applications in the fast paced world of cyber security. Hosted Nam Lam, Managing Director and Gary Savarino, Field CTO at Sailpoint.

In this episode, Gary is joined by Aaron Le Saux, ICT Architecture and Integration Manager at Calvary Health Care. #cyber insecurity

Continue Reading

Shows

Simplifying complex cyber security

Published

on

What are the consequences of oversimplifying identity management?

Cyber inSecurity dives into the challenges, solutions, and real-world applications in the fast paced world of cyber security. Hosted Nam Lam, Managing Director and Gary Savarino, Field CTO at Sailpoint.

In this episode, Gary is joined by Brendan Kelly, Senior Manager Cyber Security at Resolution Life. #cyber insecurity

Continue Reading

Trending Now