Warner: A Bill Passed by the House That Could Lead to a Ban of TikTok in the U.S. Allows Up to a Year for a Forced Sale

‘The timeline, which extends beyond the 2024 U.S. elections, is one that from a business standpoint, makes sense’

EXCERPT:

WARNER: "The timeline of giving — this is going to be a complicated transaction, to give it up to a full year, I think, just from a business standpoint, makes sense. The one thing we do have in place, and I'm not putting a whole lot of solace in this, but I was at the Munich Security Conference earlier in the year when all 20 of the major social media companies, including TikTok, including Twitter, X, including Facebook, Google, Amazon, you name it, they have all said they would have a voluntary agreement about disinformation and misinformation and elections, because with artificial intelligence, the ability for people to see this, our images here, maybe having words that we don't speak, ought to scare the dickens out of all of us. And the truth is, you know, these 20 companies have a guaranteed voluntary agreement, they'll take on watermarking, which will indicate altered content, be willing to take this content down, but the proof is gonna be in the pudding. The parliamentary elections in Europe start in less than 60 days, so we are going, along with our European partners, to say, 'All right, companies, you promised. Show us what you're doing.'"

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