Gaming News: Are Riot Games and Epic Games Safe from New US Legislation?
This legislation, known as the PAFFACAA, appears designed to tackle security issues related to applications owned by foreign entities, particularly ByteDance. A user named LazyWings highlighted that under these terms, apps with over a million users that are over 20% owned by a foreign adversary could be prohibited. Interestingly, the law directly mentions ByteDance but not other significant players like Tencent, creating uncertainty regarding their standing and potential consequences for their subsidiaries. LazyWings astutely observed that the wording of the law grants considerable power to the President; if he perceives another company as a national security risk, swift action could be taken. This raises questions about whether this regulation is more about ensuring safety or creating an atmosphere of apprehension within the industry.