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Investing.com -- Democratic Senator Ed Markey introduced a proposal on Thursday for new national security safeguards that would allow TikTok to continue operating in the United States while addressing concerns about the popular short video app.
The proposal would eliminate the requirement for TikTok’s Chinese parent company ByteDance to divest its U.S. operations, which was mandated by Congress last year. Instead, ByteDance would need to establish transparency requirements regarding content and implement limitations on foreign access to American users’ data.
TikTok, which has approximately 170 million American users, faces an uncertain future in the U.S. The legislation passed by Congress last year required ByteDance to sell TikTok’s U.S. operations by January 19, 2025, or face a ban. However, President Donald Trump has instructed the Justice Department not to enforce this law.
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