Biden Administration, TikTok Agree To Drop Lawsuit

Under the administration of President Joe Biden, a lawsuit from the era of President Donald Trump seeking to ban TikTok from American shores will not continue, CNN reported.

A filing in the U.S. District Court for the District of Columbia found that TikTok and the government agreed to drop the lawsuit, the report said.

This is because Biden has moved away from Trump’s measures targeting the popular social media app. Instead of Trump’s Executive Order 2020 targeting TikTok, according to CNN, Biden has implemented a more comprehensive regulation that deals with all apps associated with foreign adversaries, including China.

Now that Trump’s proposed ban on TikTok from app stores does not go ahead, TikTok plans to negotiate with the U.S. Foreign Investment Committee to address security concerns about U.S. users’ data, CNN reported.

PYMNTS previously reported on the U.S. Department of Commerce’s decision to lift the TikTok ban on June 16. The Federal Register, the official record of government action, announced the new change through a posting on its website.

“Pursuant to Executive Order 14034 of June 9, 2021 (Protection of Sensitive Data of Americans from Foreign Opponents), this document confirms that the US Secretary of Commerce has repealed two measures that have been enacted under the now revoked Executive Orders: the identification of prohibited persons from September 18, 2020 TikTok-related transactions published on September 24, 2020 and the identification of prohibited WeChat-related transactions dated September 18, 2020 that were submitted for public inspection on September 18, 2020 and withdrawn prior to publication “, it says in the publication.

The heavily discussed ban on TikTok and WeChat at the end of 2020 would have meant that users of the popular apps could not access updates or maintenance. Trump had pushed the ban to combat a flood of foreign enemies “who are increasingly creating and exploiting vulnerabilities in information and communication technologies and services.”

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NEW PYMNTS DATA: GENERATION SUPERCONNECTED – THE COMING USER AUTHENTICATION SHIFT

About the course: Super connected consumers use a variety of connected devices to interact, shop, and pay online, but say password-based authentication slows them down. PYMNTS surveyed 2,127 consumers and found that these highly connected, highly desirable customers want financial institutions (FIs) and merchants to give up the password and provide a better, more secure way to authenticate online.

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