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RE: LeoThread 2024-09-15 01:40

in LeoFinance • last month

🧵 1. TikTok's parent company, ByteDance, and US government to clash in court over forced sale of app. Ongoing battle over data privacy concerns continues. #tech

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    🧵 2. US lawmakers passed legislation to sell TikTok within 9 months or face ban, citing data sharing fears with Chinese govt. TikTok denies allegations.

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      🧵 3. ByteDance appeals law as unconstitutional, stating a shutdown by January 2025 if forced to sell TikTok. Claims regulation violates rights of Americans.

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        🧵 4. TikTok argues selling itself is not feasible commercially or legally within the designated timeline. Concerns over users losing a unique communication platform.

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          🧵 5. Countries like Australia, UK, and EU institutions have banned TikTok citing privacy issues. German MPs also discuss potential restrictions amid data concerns.

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