TikTok’s future in its largest market, the United States, is uncertain as Congress has passed legislation that could force ByteDance to sell the popular app or face a nationwide ban due to national security concerns over potential data sharing with China and manipulation of content. President Joe Biden is expected to sign this bill into law tomorrow, which would give TikTok up to one year to complete the sale or suffer an effective ban for its platform in America. This move has been pushed by Silicon Valley venture capitalists associated with US technology companies that stand to benefit from a China threat narrative being promoted by proponents of the legislation. If Beijing doesn’t allow ByteDance to relinquish TikTok’s algorithm, it could block the sale altogether or permit its sale without the lucrative formula behind its popularity. A ban on TikTok would be advantageous for YouTube, Google, Instagram and other competitors as many of their users may switch over due to a less powerful version of the app being implemented. Furthermore, if China prohibits ByteDance from selling off the algorithm’s intellectual property, it could spell an end to its global expansion plans since Beijing values the technology more than financial gains for Bytedance in light of national security concerns raised by Congress and legislators over TikTok’s potential risks regarding data sharing with China or manipulation of content displayed on the platform.
This move will also contribute further towards splitting the world’s tech landscape into two blocs, one centered around US technology, and another comprising tech from China since many governments in other liberal democracies could come under scrutiny due to TikTok’s ban or a less powerful version of it being introduced. If TikTok is indeed banned, then Beijing would be getting a taste of its own medicine as the Chinese government values national security concerns over ByteDance’s financial prosperity and global expansion plans more than anything else in this scenario.
The implications are that an ideological struggle will become increasingly intense between US-based tech companies versus their counterparts from China, which would result in a bifurcated platform economy comprising Chinese apps and Western ones as well as the broader technology landscape being impacted at a significant scale worldwide because everything related to digital technologies’ manufacture right up through cyber connectivity options shall end-up experiencing notable change based upon specific global jurisdiction contexts going ahead here in orderly successive time horizons across relevant regional/country geopolitical regions.
Related article: If the US Bans TikTok, China Will be Getting a Taste of its Own Medicine
The move against Tiktok is another step towards not only bifurcating technology platforms into separate groups in western democracies versus that prevalent over socialist Chinese regimes but also furthering the division between these two blocs at multiple levels such as data centers, space-based internet satellites and undersea cables too.
The TikTok legislation has been included within a wide-ranging foreign aid package intended to support Israel, Ukraine and Taiwan with US officials and legislators raising concerns over potential national security risks associated with the app’s operations in America such as data sharing allegations and possible manipulation of content on this popular video making social networking site.
However, TikTok has denied these claims while also stating that it will be legally challenging against this fresh development via courts whenever its forced sale seems highly imminent within specific geopolitical contexts across the US’ domestic landscape in forthcoming weeks from here. Nevertheless, despite concerns around the future of tech trade relationships being impacted by such developments between China and America going ahead into 2023 along with unintended yet noticeable technological advancement benefits experienced thereupon – we see the trend emerging worldwide through ongoing market watch lists reflecting highly specific areas regarding global supply chains in high-tech industry contexts wherein some geopolitical nations seem poised to further tighten regulatory scrutiny upon critical digital technology manufacturing as well as cyber connectivity options going ahead into 2023 and beyond.
Related article: Biden administration opens investigation into foreign-made smart car components, particularly from China
TikTok’s US Ban Looms: National Security Concerns Divide Tech World
•
Recent Posts
Advertisement
Advertisement example
Leave a Reply