It’s a lot more than a random text editor.

It’s a text editor from (at least some of) the people that made Atom at GitHub (with the explicit premise of learning from Atom/building a faster, better, Atom).

The business plan is to sell collaboration features (e.g., remote pair programming).

Likewise, I think this bill could be used against companies with Chinese investment, like anything Tencent investment (e.g. Fortnite, League of Legends, etc).

IANAL but I believe that would not be covered under this bill. Those games are run by American companies with foreign investment.

Maybe when it gets to the point where the foreign power is the majority shareholder. However, I think in a publicly traded company they’d just be forced to divest and that would likely take a different law.

Just the standard “you can sue if you think this is unfair and have your day in court.”

What it looks like is if China or Russia has a competitor to a US product (say, Yandex or Baidu), a US company (say, Google) could lobby the President to mark them as a threat and ban them from the US. The product doesn’t need to actually have the capacity to cause harm, it just needs to be from one of the adversary countries (currently China, Russia, N. Korea, and Iran).

This is true, but it’s also pretty unlikely. Even TikTok is just a vine ripoff, but a vine that was successfully monetized.

There really hasn’t been much to come out of our “foreign adversaries” that I think most people would care about. If that’s the price we have to pay … I’m not the least bit worried about it really.

Furthermore, China is happy to use public money to back companies (as a sort of “state run venture capital”); that is a threat to competition in the same way venture capital is a threat to competition.

I think you should check out this article in The Atlantic, it goes into the history of the US government’s previous laws to protect against foreign propaganda and manipulation of the media. What you’ll find is this is more of an update (to catch up with the internet era) than a revamp of US domestic policy.

https://www.theatlantic.com/ideas/archive/2024/03/tiktok-bill-foreign-influence/677806/

Also a key point I think you’re missing here:

but it also allows the President to denote any other entity in one of those countries as a significant threat

The president can only do this for apps from the countries covered in the US code as Foreign Adversaries, which means the president can act quickly against threats, but this is a bad avenue for attacking competition in other friendly countries (e.g., shutting down Proton would require congress to pass a law that Switzerland is a foreign adversary – which would not be good for relations – AND a law specifically targeting Proton accompanying that or the president to then act against Proton).

All of this is still subject to judicial review as well.

See https://lemmy.world/post/14643617

I’m sure it’s just even more detail about the scope of that influence campaign (and possibly an extrapolation of effectiveness on public opinion).

The major thing is manipulation of the public’s information pipeline by a hostile foreign power. There are already existing laws about foreign owned media (as cited by the New York Times this morning https://www.theatlantic.com/ideas/archive/2024/03/tiktok-bill-foreign-influence/677806/).

Don’t forget “I thought Republicans were the party of states rights? Why are they trying to ban abortion nationally after some states held elections to protect abortion in their state constitution?”

This is definitely top 10 Linux memes of all time for me.