Rubio, Gallagher introduce bipartisan legislation to ban TikTok

U.S. Senator Marco Rubio and U.S. Representatives Mike Gallagher said, in part: "TikTok’s Chinese parent company, ByteDance, is required by Chinese law to make the app’s data available to the Chinese Communist Party . From the FBI Director to FCC Commissioners to cybersecurity experts, everyone has made clear the risk of TikTok being used to spy on Americans. U.S. Senator Marco Rubio R-FL introduced bipartisan legislation to ban TikTok from operating in the United States. The Averting the National Threat of Internet Surveillance, Oppressive Censorship and Influence, and Algorithmic Learning by the Chinese Communist Party Act would protect Americans by blocking and prohibiting all transactions from any social media company in, or under the influence of, China, Russia, and several other foreign countries of concern. U.S. Representatives Mike Gallagher R-WI and Raja Krishnamoorthi D-IL introduced companion legislation in the U.S. House of Representatives."The federal government has yet to take a single meaningful action to protect American users from the threat of TikTok. This isn’t about creative videos – this is about an app that is collecting data on tens of millions of American children and adults every day." Other publicly traded companies in the space include: Snap (SNAP). Alphabet (GOOG, GOOGL), Meta Platforms (META), Microsoft (MSFT) and Twitter (TWTR). Reference Link