The bill is titled the Averting the National Threat of Internet Surveillance, Oppressive Censorship and Influence, and Algorithmic Learning by the Chinese Communist Party Act, or ‘ANTI-SOCIAL CCP Act.Īlexis Keenan is a legal reporter for Yahoo Finance. operations to safeguard American interests.Ī Senate bill introduced by Republican lawmaker Marco Rubio (FL) on December 13 seeks to block and prohibit all transactions from any social media company that operates within or under the influence of China, Russia, and several other countries of concern. The Committee on Foreign Investment in the United States (CFIUS), which oversees national security concerns posed by foreign investments in the U.S., has also been working to impose oversight on TikTok’s U.S. ![]() Some exceptions to the law apply to devices issued to employees engaged in law enforcement, national security, and research positions. On December 29, President Joe Biden signed into law a prohibition on federal employees' use of the app on devices issued by the federal government. Forbes further reported that nearly two dozen ByteDance directors and several hundred of its employees were currently or previously employed by China's state-run media outlets. Faced with internal company audio recordings obtained in the investigation, the company admitted that its employees tapped the IP addresses of journalists to monitor their physical locations. ![]() TikTok users for surveillance operations. A subsequent investigation by White for Forbes revealed that ByteDance had accessed the data of its U.S.
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