U.S. lawmakers take into account changes to TikTok crackdown invoice, states senator

U.S. lawmakers take into account changes to TikTok crackdown invoice, states senator


TikTok logo is displayed on the screen of a smartphone.

Sheldon Cooper | Sopa Visuals | Lightrocket | Getty Images

U.S. lawmakers are considering changes to tackle considerations about a bill that would give the Biden administration new powers to ban Chinese-owned TikTok, the chair of the Senate Intelligence Committee who has cosponsored the legislation reported on Monday.

Democratic Senator Mark Warner told Reuters that intense lobbying by the ByteDance-owned quick movie app TikTok against the Prohibit Act “slowed a little bit of our momentum” right after it was released in March.

Warner said lawmakers have “a proposal on a collection of amendments to make it explicitly obvious” and tackle criticisms, which includes that specific Individuals could be impacted or that the bill represents a broad growth of govt electrical power.

“We can take care of people considerations in a good way,” Warner said.

The laws endorsed by the White Property would grant the Commerce Division new authority to review, block, and address a assortment of transactions involving foreign information and facts and communications technological know-how that pose countrywide stability hazards.

“I will grant TikTok this, they expended $100 million in lobbying and slowed a bit of our momentum,” Warner explained, adding that to begin with it appeared it would be almost “also quick” to get the bill approved.

TikTok did not straight away react to a ask for for remark on Warner’s evaluation of its lobbying.

TikTok is funding Montana users' lawsuit against ban: NY Times

In March, Republican Senator Rand Paul blocked a bid to rapid-keep track of a separate bill to ban TikTok introduced by Senator Josh Hawley, who claimed the Prohibit Act “doesn’t ban TikTok. It gives the president a total bunch of new authority.”

The Biden administration in March demanded TikTok’s Chinese homeowners divest their stakes or facial area a U.S. ban. Tries in 2020 by then President Donald Trump to ban TikTok were blocked by U.S. courts.

Warner reported there are a ton of conversations about the bill, incorporating it could be hooked up to an once-a-year defense bill or could be portion of a China-related bill that Senate Democratic Leader Chuck Schumer wants.

The will need for laws is very clear, he explained.

“There have been yet another three or 4 apps that have appear out that are Chinese controlled so we want a truthful regulations-based system to deal with this rather than type of a one-off foundation,” Warner said.

TikTok, which is used by more than 150 million People, claims it has put in more than $1.5 billion on rigorous data security initiatives and rejects spying allegations.

The company is fighting a ban by the condition of Montana set to acquire effect on Jan. 1. A judge has scheduled an Oct. 12 listening to on TikTok’s ask for.



Source

Apple iPhone shipments to beat Samsung for the first time in 14 years, report says
World

Apple iPhone shipments to beat Samsung for the first time in 14 years, report says

Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters on September 09, 2025 in Cupertino, California. Justin Sullivan | Getty Images Apple is set to ship more smartphones than Samsung in 2025, the first time it will have done so in 14 years, Counterpoint Research […]

Read More
UK government borrowing costs seesaw as official economic forecasts released early
World

UK government borrowing costs seesaw as official economic forecasts released early

LONDON, UNITED KINGDOM – MARCH 26, 2025: Britain’s Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of the announcement of the Spring Statement in the House of Commons in London, United Kingdom on March 26, 2025. (Photo credit should read Wiktor Szymanowicz/Future Publishing via Getty Images) Wiktor Szymanowicz | Future Publishing | […]

Read More
CNBC’s The China Connection newsletter: Foreign investors warm to China’s cheaper AI valuations despite fears of a U.S. bubble
World

CNBC’s The China Connection newsletter: Foreign investors warm to China’s cheaper AI valuations despite fears of a U.S. bubble

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Sitting in his new Beijing office, AI2 Robotics Founder and CEO Eric Guo wistfully reflected on fundraising challenges in China — and noted that U.S.-based […]

Read More