TITILE:Robber Joe
The idea of the work
According to media reports, U.S. lawmakers from both parties recently proposed the “Protecting Americans’ Application Software from Control by Foreign Adversaries Act.” The new bill requires ByteDance to divest control of its short video platform TikTok, otherwise it will be banned in the United States.
It is reported that the bill gives the president new powers to designate specific social media applications that are controlled by foreign adversaries and pose a national security risk. Designated applications will be removed from U.S. mobile app stores and their website versions of services will be discontinued unless they can sever ties with entities controlled by foreign adversaries by divesting their ownership by selling shares or other means. The bill requires foreign counterparties to own no more than 20% of the company.
Author:Catherine
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