This legislation would impose $5,000 in fines on the user of an app that is prohibited.
: Concerns over national security surrounding TikTok’s Chinese parent firm ByteDance have prompted US politicians to step up their attempts to crack down on the app.Last Monday, the House Energy and Commerce Committee moved the measure, known as the Protecting Americans from Foreign Adversary Controlled Applications Act, forward.
Before Wednesday’s vote, a few TikTok users recorded themselves phoning their lawmakers and threatening to vote for different candidates if they supported the measure. What would TikTok do in the event that the law is passed? Should the measure become law, TikTok would have around five months to break away from ByteDance, failing which US app shops would not be allowed to host the app on their servers.A prohibited app’s user would be subject to $5,000 in fines under the measure.Dan Ives, a Wedbush analyst, estimates TikTok’s valuation at $100 billion.
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