Analyzing the Impacts of Legislation on Social Media Companies

This chapter provides a detailed examination of a new law targeting social media companies controlled by foreign adversaries, focusing on defining covered companies, ownership percentages, divestiture procedures, and potential implications. It discusses the uncertain future of TikTok in the U.S., legal precedents related to free speech, challenges in banning foreign propaganda, and implications of TikTok acquisition by tech giants or venture capital firms. The chapter explores scenarios of TikTok's potential deterioration, influence of Chinese economic policies on speech rules, and political ramifications of a TikTok ban on the upcoming election.