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Biden signs TikTok “ban” bill into law, starting the clock for ByteDance to divest it
(www.theverge.com)
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I'm American and I find it kind of creepy.
It is creepy on a personal level. But it makes sense for an influential nation like America to own their own media. From a national security point it makes sense because American corporations have to comply with the American government. This also extends to America's allies who also operate in the space by as much smaller players.