Some key facts:
1. Tiktok isn’t allowed to sell because their AI models and algorithms are trained on Chinese citizenry data. These items have been marked as non-exports for some time now, and this is a well known fact by the people pushing for the bill.
2. The bill was only passed since it was shafted into a bundle of other more urgent bills that have to pass.
3. Not all American media companies are banned in China. Some refuse to comply with local laws and pulled out. For example, Apple and Microsoft complied. However the competition in China is immense and not every business can survive the capitalistic competition.
4. While there were talks about the ban, it was not until the overwhelming amount of Pro Palestinian content that led to the heavy push for the ban.
5. The US is a relatively tiny market for tiktok, so tiktok is likely to just pull out.
What I think:
1. The date set for the sale is highly political, and IMO its meant to weaponise Gen Z against the democrats.
2. Pro Palestinian content is highly searchable on tiktok, and that made a lot of people unhappy and uncomfortable.