Calls to ban the wildly popular app have faded ahead of the 2024 election.
to X on Tuesday that he was joining TikTok, saying, “The fact is that many young voters are [using it] & we’re not going to change this country without winning.”There’s been no official indication that the government’s position on calling for divestiture has changed. But teams from ByteDance and the Committee on Foreign Investment in the United States, which has oversight authority over the U.S.
Negotiations over TikTok’s operations had been going on for nearly three years when the Biden administration delivered its ultimatum. Now CFIUS and ByteDance have renewed discussions centered on a sweeping plan ByteDance introduced last year under which the Chinese company would cede authority over TikTok’s U.S. operations to a three-person board whose members CFIUS would essentially select.
All of the company’s internal changes to its source code and content-moderation playbook would be reported to the agencies on a routine basis, the proposal states, and the agencies could demand ByteDance “promptly alter” its source code to “ensure compliance” at any time. Source code sets the rules for a computer’s operation.
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