More social media regulation is coming in 2023, members of Congress say


Source: cnbc.com cnbc.com

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The U.K.'s Online Safety Bill, which aims to regulate the internet, has been revised to remove a controversial but critical measure. Days after Congress passed a bipartisan spending bill banning TikTok from government devices, legislators and advocates say they are looking to further regulate social media companies in the New Year. TikTok, a video-sharing app owned by the Chinese company ByteDance, attracts more than 1 billion users every month. Lawmakers and FBI Director Christopher Wray have voiced concerns that TikTok's ownership structure could make U.S. user data vulnerable, since companies based in China may be required by law to hand...