Sources with knowledge of the matter said that the amended version of the bill will expand the definition of companies to include popular video apps such as TikTok. According to the information, Tencent, the owner of the messaging app WeChat, will also come under the purview of this bill.
In addition, there is a second bill to come, led by US Senators Richard Blumenthal and Marsha Blackburn. This bill, named ‘The Open App Market Act’, controls large app stores such as Apple. Once the bill is passed, there will be no restriction on the use of Apple’s payment system. Those apps will be especially relieved, which use other app stores or payment systems. Because this bill is getting scheduled for the first time on Thursday. This means that it can be avoided for at least a week.
However, everyone has their own views on these bills. Neil Bradley, Chief Policy Officer of the US Chamber of Commerce, has opposed the bill being brought by Klobuchar and Grassley. It has been said that the companies that are being targeted have helped us in the epidemic epidemic. At the same time, another group says that it will support the bill to “correct the power gap between big tech, consumers and small businesses”.
By the way, America’s big tech companies are working closely with the government on many fronts. Recently, the government met officials of the country’s major tech companies at the White House to discuss software security. These included Alphabet-owned Google, Apple and Amazon. Last year, a bug found in open-source software called Log4j raised questions about the security arrangements of tech companies around the world. After this this meeting was held.
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