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Banning TikTok Would Hit China’s Tech Ambitions And Deepen The Global Digital Divide

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Understanding What Happens When You Buy TikTok Followers
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TikTok is currently confronting a profound and fundamental dilemma in the United States. If the app’s Chinese owner does not successfully sell it within the next year or so, it could be prohibited in its largest market.

This would significantly hinder China’s technological aspirations and exacerbate the separation between two distinct digital realms that revolve around competing economic superpowers.

ByteDance may be required to sell TikTok in order to avoid a nationwide ban under the legislation that Congress approved on Tuesday. President Joe Biden is anticipated to officially approve the bill on Wednesday; TikTok has already expressed its intention to contest the law through legal means.

Beijing has expressed significant opposition to a compulsory divestiture of TikTok and has amended its export control regulations to grant itself the authority to prohibit a sale based on national security concerns. ByteDance has limited choices to ensure TikTok’s future in the US, its largest market with 170 million users.

“The compelled divestiture of TikTok in the United States would result in a devaluation of the application, as the Chinese government will not authorize the transfer of its algorithms,” stated Alex Capri, a research fellow at the Hinrich Foundation and a lecturer at the Business School of the National University of Singapore.

He stated, “Should TikTok be compelled to cease operations in the United States, ByteDance’s prospects in other predominantly liberal democracies will face additional scrutiny.”

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Banning TikTok Would Hit China’s Tech Ambitions And Deepen The Global Digital Divide

The sale can be completely prevented if the Chinese government refuses to allow ByteDance to give over TikTok’s algorithm. Alternatively, it may enable the sale of TikTok without including the highly profitable algorithm that is the foundation for its widespread appeal.

The United States’ imposition of a ban or the implementation of a diminished iteration of TikTok would result in a significant financial gain.

Capri stated that YouTube, Google, Instagram, and other TikTok rivals may experience a significant loss of customers. Furthermore, this would significantly impede ByteDance’s global aspirations.

“A TikTok ban would signal that the Chinese government prioritizes the security of the algorithm over ByteDance’s financial success and global growth, ultimately putting an end to ByteDance’s worldwide expansion,” stated Richard Windsor, a tech industry analyst and the founder of Radio Free Mobile, a US-based research company.

“The consequences suggest that the ideological conflict occurring in the technology industry will escalate.”

Capri suggests that a ban on TikTok is expected to expedite a division in the global technology industry, creating two distinct factions: one oriented around the United States and the other supporting Chinese technology.

“The action taken against TikTok in the United States represents not only a division between Chinese and Western applications in the platform economy, but also a broader division in the global technology landscape,” he stated.

“This encompasses various aspects such as the ownership and operation of data centers, the presence of internet satellites in space, the existence of undersea cables, and, naturally, the production of semiconductors.”

From that perspective, the TikTok ban has a positive aspect for Beijing.

“The imposition of a ban in the United States will trigger renewed endeavors to expand China’s digital influence in Southeast Asia, as well as other predominantly emerging markets across the globe,” stated Capri.

Rising difficulties faced by Chinese applications

The TikTok legislation was incorporated into a comprehensive foreign aid package aimed at assisting Israel, Ukraine, and Taiwan.

After President Biden’s approval, ByteDance will be given a maximum of one year to finalize the sale, or the platform will be subjected to a practical prohibition.

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Banning TikTok Would Hit China’s Tech Ambitions And Deepen The Global Digital Divide

US officials and politicians have consistently voiced apprehensions regarding TikTok’s potential national security hazards, such as the possibility of data sharing with the Chinese government or the manipulation of platform content. However, TikTok has refuted the allegations.

Paul Triolo, partner for China and Technology Policy Lead at Albright Stonebridge Group, stated that the new divestiture bill is a direct outcome of a well-coordinated lobbying campaign by Silicon Valley venture capitalists affiliated with US technology companies. These companies are expected to gain advantages from the narrative of the China threat that the bill’s supporters have been promoting.

According to him, Chinese enterprises and apps operating in the US are encountering increasing difficulties.

The Biden administration is strengthening a recently established office within the Commerce Department to enforce the conditions of a regulation implemented during the Trump era. This rule safeguards US information technology supply chains, particularly linked apps. This rule may also be utilized to advocate for additional limitations.

“Triolo stated that it is improbable for Congress to specifically target another Chinese company, such as TikTok, in a particular bill. However, the Commerce IT supply chain rule could potentially be utilized in the future to restrict the access of Chinese companies and apps to certain segments of the US market,” Triolo explained.

Can we expect a retaliatory response from Beijing?

The Commerce Ministry of China has committed to implementing all “essential actions” to safeguard its interests following the approval of a previous iteration of the TikTok bill by the House of Representatives last month. However, it did not provide further details.

On Wednesday, Wang Wenbin, a spokesperson for the Foreign Ministry, responded to a question from CNN’s Marc Stewart by stating, “Regarding the TikTok issue, we have already expressed our position clearly, and I have no additional comments to make today.”

The Chinese government has already prohibited using most American social networking applications. Presently, Beijing restricts access to most US social media platforms, including Google, YouTube, X, Instagram, WhatsApp, and Facebook. This is due to their non-compliance with the Chinese government’s regulations regarding data collecting and the nature of shared content.

Triolo anticipates that Beijing will not respond with a significant level of intensity to the US prohibition on TikTok.

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Banning TikTok Would Hit China’s Tech Ambitions And Deepen The Global Digital Divide

“Beijing has expressed its opposition to any compulsory sale of TikTok US by Bytedance, but its main concern lies in the transfer of technology,” he stated. “Broadly speaking, Beijing places significantly less importance on a social media company compared to its concerns regarding US technology regulations.”

“Beijing is highly likely to respond with strong retaliation to new US export controls, but it is unlikely to reciprocate if the US eventually attempts to ban TikTok in the US,” he added.

Beijing recently instructed Apple (AAPL) to eliminate social messaging applications WhatsApp, Signal, and Telegram from its China app store. However, the Chinese government has yet to take significant actions to suppress virtual private networks (VPNs), which technologically adept Chinese individuals commonly utilize to interact with friends overseas through messaging applications.

“The timing of the move was probably intended to demonstrate China’s ongoing commitment to blocking certain apps that it deems a threat to national security. However, it is worth noting that the number of users of the blocked apps in China is significantly lower than the approximately 170 million TikTok users in the United States,” Triolo stated.

SOURCE – (CNN)

Kiara Grace is a staff writer at VORNews, a reputable online publication. Her writing focuses on technology trends, particularly in the realm of consumer electronics and software. With a keen eye for detail and a knack for breaking down complex topics. Kiara delivers insightful analyses that resonate with tech enthusiasts and casual readers alike. Her articles strike a balance between in-depth coverage and accessibility, making them a go-to resource for anyone seeking to stay informed about the latest innovations shaping our digital world.

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Cases Of The US Flu Season Are Rising, While Vaccinations Are Behind Schedule.

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Flu Season
(AP Photo/Nam Y. Huh, File)

(VOR News) – The U.S. flu season has begun, according to health experts, who also noted a sharp rise in cases countrywide on Friday.

Significant increases were noted by the Centres for Disease Control and Prevention in a number of indicators, such as laboratory tests and ED visits. “For the past few weeks, it has been increasing steadily.” “Yes, we are in flu season right now,” CDC’s Alicia Budd said.

Last week, flu-like sickness was reported at elevated or very elevated levels in 13 states, roughly twice as many as the week before. Dr. William Schaffner, an infectious disease specialist at Vanderbilt University, says Tennessee is seeing a spike in sickness in the Nashville area.

Schaffner said, “Influenza cases have been increasing, but they have increased significantly in the last week.” He noted that up to 25% of patients in a nearby clinic, which is a gauge of illness trends, have flu-like symptoms.

An early focal point was Louisiana.

Our Lady of the Lake Regional Medical Centre, the largest private hospital in the state, in Baton Rouge, has infectious diseases specialist Dr. Catherine O’Neal, who said, “This week is a significant turning point as individuals are affected by the flu.” “Parents frequently say, ‘I have the flu and can’t go to work,’ and ‘Where can I get a flu test?'”

Fever, cough, sore throat, and other influenza-like symptoms are caused by a variety of viruses. COVID-19 is one of them. Another flu season common disease that causes cold-like symptoms but poses serious hazards to infants and the elderly is respiratory syncytial virus (RSV).

Recent CDC numbers indicate a decline in COVID-19 hospitalisations since the summer. According to CDC wastewater data, COVID-19 activity is modest nationwide but elevated in the Midwest.

Although RSV hospitalisations are still marginally more common than flu admissions, they started to rise before flu season cases and currently show signs of perhaps stabilising. RSV activity is low nationwide, but wastewater data shows that it is high in the South.

Based on a number of indicators, such as laboratory results from hospitalised patients and outpatient clinics, as well as the percentage of ED visits that resulted in an influenza diagnosis at discharge, the CDC declared the start of the flu season.

According to Budd, it is too early in the season to determine the effectiveness of the influenza vaccine, and no type of virus seems to be more common.

The flu season last winter was classified as “moderate” overall, but it continued for 21 weeks, and the CDC estimates that 28,000 people died from the virus. With 205 paediatric deaths reported, the situation was particularly dangerous for kids. It was the largest number ever recorded for a conventional influenza season.

The prolonged flu season was probably one of the reasons, Budd added.

The lack of influenza vaccinations was one of the contributing factors. The CDC reports that 80% of children who passed away and had verified vaccination status and were of the right age for flu shots were not completely immunised.

Children’s immunisation rates are drastically lower this year. About 41% of people had a flu shot as of December 7, which is similar to the percentage at the same time last year. For youngsters, the figure is steady, although it is lower than in the previous year, when 44% received an influenza vaccination, according to CDC data.

About 21% of adults and 11% of children are fully vaccinated against COVID-19, which is still a poor vaccination rate.

Influenza experts advise everyone to get vaccinated, especially as people get ready for holiday gatherings where respiratory diseases could spread widely.

“This virus also has the potential to spread from person to person at all those happy, pleasant, and heartwarming events,” Schaffner said. “flu season Vaccination remains a viable option.”

However, Louisiana’s health department announced on Friday that it was rescinding its COVID-19 and flu vaccination recommendations. According to an official, the department’s current position is that people should speak with their doctors about whether the immunisations are suitable for their situation.

The department’s spokesperson, Emma Herrock, did not respond to follow-up questions regarding the policy. Dr. Ralph Abraham, the state’s surgeon general, has expressed concerns in the past regarding the COVID-19 vaccine’s effectiveness and safety.

SOURCE: AP

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Social Security Change Approved By Senate Despite Fiscal Concerns

King Charles Could Millions Annually from Renting His Properties

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Social Security Change Approved By Senate Despite Fiscal Concerns

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Social Security

(VOR News) – On Saturday, the U.S. Congress passed a plan to increase Social Security retirement payouts for some retirees who receive public pensions, a move that critics say will further erode the program’s financial stability. Among these pensioners are former firefighters and police officers.

The Social Security Fairness Act was passed by the Senate on a bipartisan vote of 76-20 just after midnight. The act may lower payments for those receiving pensions and aims to repeal provisions that have existed for 20 years.

The House of Representatives passed the bill last month by a vote of 327-75, meaning that if the Senate also approves it, it would be delivered to Democratic President Joe Biden to become law.

The White House dodged enquiries regarding Social Security’s objectives.

In order to limit government benefits for certain higher-paid employees who are also getting pensions, the measure will reverse a long-standing change to the program. It has become increasingly common in recent years for municipal employees, such as postal workers and firefighters, to face pay limitations.

The vast majority of Americans do not take part in pension plans that provide a fixed return on investment, instead relying on their own savings and Social Security. According to data from the Department of Labour, only 10% of private sector employees in the US are covered by pension plans.

The new rules apply to about 3 percent of Social Security users, or more than 2.5 million people in the United States. Legislators are heavily influenced by the workers and retirees impacted by these rules, and the powerful advocacy organisations that speak for them have been using the legislative process to push for a legislative cure.

According to retirement experts, some retirees may be able to earn hundreds of dollars more in government benefits each month as a result of the move.

According to a Congressional Budget Office analysis, the bill is expected to cost approximately $196 billion over the next 10 years. As a result, federal budget experts are worried that the change could negatively affect the program’s already fragile financial status.

In an interview with the Bipartisan Policy Centre, Emerson Sprick, associate director of economic policy, said he was frustrated by “the overwhelming support in Congress for the contrary of what policy researchers concur on is quite frustrating.”

Instead of eliminating current formulas, we could improve them.

Among these changes is the Social Security Administration’s increased disclosure of the anticipated monetary benefits for these public sector workers.

The Committee for a Responsible Federal Budget, a nonpartisan fiscal think tank, has voiced concerns that the additional cost will impact the program’s ability to continue.

Maya MacGuineas, the organization’s leader, made the declaration, saying, “We are hastening towards our own fiscal ruin.”

“It is noteworthy that lawmakers are in a position to shorten the timeframe by six months, as there are just nine years left before the trust fund for the biggest program in the country runs out.”

Senator Ted Cruz, a Republican, said on the Senate floor on Wednesday that the bill in its current form would “throw granny over the cliff.”

According to what he stated, “every senator who votes to impose a burden of $200 billion on the Social Security Trust Fund is opting to put the interests of senior citizens who have contributed to Social Security and earned those benefits in jeopardy.”

Those who favoured the legislation said that the question of what would happen to Social Security could be settled later.

“Those are significantly longer-term concerns that we must collaboratively address,” a supporter of the idea Senator Michael Bennett told Reuters when asked if the move would affect the government’s capacity to be viable.

SOURCE: BR

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King Charles Could Millions Annually from Renting His Properties

Man Creates Candy Cane Car to Spread Christmas Cheer

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King Charles Could Millions Annually from Renting His Properties

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Estimated Annual Rental Income of £1.4 Million

A recent analysis suggests that King Charles might earn over £1 million each year by renting out royal properties to holidaymakers.

The Royal Family’s historic houses and mansions are popular holiday rentals, contributing significantly to the Palace’s revenue.

Pikl Insurance estimates that the royals may earn up to £118,775.85 per month, or around £1,425,310.20 per year, from their holiday rental portfolio. Even after accounting for cancellations, the monarchy is anticipated to generate a net annual income of somewhat more over £1.4 million.

Estimated Annual Rental Income of £1.4 Million

The four primary royal properties accepting public bookings are Balmoral Castle, Castle of Mey’s Captain House, Restormel Manor, and Dumfries House, according to Express.co.uk. Cottages at Balmoral Castle in Scotland are expected to generate £36,798.30 per month after accounting for cancellations.

According to the numbers, the 500-year-old Restormel Manor in Cornwall is the most profitable of them all, earning a solid £47,082 every month. The resort, located in the Fowey Valley, has four booking spaces and six converted barns.

Windsor Castle

Dumfries House in Ayrshire, Scotland, adds an estimated £31,185.63 and offers 25 rooms for booking. The Castle of Mey’s Captain House in the Scottish Highlands is estimated to generate a more modest £3,709.92 per month, despite the fact that the entire property is available for booking.

The analysts stated, “While the Royal Family’s primary role is undoubtedly to serve the nation, it is clear that their properties are also a valuable asset.” These estimates highlight the royal estate’s considerable financial potential and provide an intriguing peek into the monarchy’s corporate operations.”

Royal Family received £86.3 million from the taxpayer-funded Sovereign Grant in the previous fiscal year, according to official numbers released in July.

All revenues from the Crown Estate, which includes royal households, forestry, agriculture, and offshore wind, are paid directly to the Treasury, with a portion of this money, now 12%, returned to the Royal Family to finance their tasks.

The records also cover a period of jubilation, including the coronation and festivities surrounding the King and Queen’s crowning in May of last year.

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