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TikTok's Bill and SpaceX’s Starship | Bloomberg Technology
Bloomberg's Caroline Hyde and Ed Ludlow break down what to expect in the Senate on the TikTok bill and China's response to the legislation. Plus, Starship goes further and faster but SpaceX loses the vessel during re-entry. (Source: Bloomberg)
IT IS SIMILAR TO THE NATIONAL DEFENSE AUTHORIZATION ACT, THE BILL THAT PASSES ALMOST EVERY YEAR WITHOUT FAIL WHERE YOU HAVE THESE MORE MODERATE DEMOCRATS, A LOT OF THE HAWKISH REPUBLICANS, THE MAJORITY OF BOTH CHAMBERS WHEN YOU GET DOWN TO IT SUPPORTING IT. THE BILL'S AUTHORS SAY THIS IS TO FORCE BYTEDANCE TO THE BEST TIKTOK BUT WHEN YOU TALK ABOUT A SIX MONTH TIMELINE, THAT IS WHERE YOU GET SOME PEOPLE THAT ARE NERVOUS THAT MAY NOT BE ENOUGH TIME TO PUT TOGETHER A SALE AND THAT WOULD IN THE END LEAD TO A BAN. I WAS AT THE SOUTH BY SOUTHWEST FESTIVAL WHICH IS A HUB FOR CREATORS AND SOCIAL MEDIA, FIGURES TO COME TOGETHER AND DISCUSS THE INDUSTRY AND ALREADY PEOPLE ARE TRYING TO SAY IS THIS A GOOD PLACE TO BUILD MY FOLLOWING ANYMORE?
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