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by cljacoby 780 days ago
As I understand the bill is solely focused with the national security implications of ByteDance being China-based, and not the social impacts of short form video platforms on mental health, attention span, etc. Good news for Instagram Reels.

I also wonder if this goes through, does this set a precedent for enforcing similar divestment expectations for any companies operating in China. Is this isolated to social media platform, or could this also eventually extend in to other industries like manufacturing?

1 comments

The government already forced Grindr to be sold back in 2019 , so this isn’t a new precedent.

The only difference is scale and user base — and this time around it was even included in a bill.

The Government has a long history of interfering with foreign businesses in the name of national security. Feds have blocked sale of infrastructure like ports many times