TikTok Divest-or-Ban Bill Expected to Become US Law Within Days
by Bloomberg
Bloomberg— The US House on Saturday put legislation forcing TikTok’s Chinese parent ByteDance Ltd. to divest its ownership stake on a fast track to become law, tying it to a crucial aid package for Ukraine and Israel.
ETtech.com—US Senate passes TikTok divestment-or-ban bill, Joe Biden set to make it law. The U.S. Senate voted by a wide margin late Tuesday in favor of legislation that would ban TikTok in the United States if its owner, the Chinese tech firm ByteDance, fails to divest the popular short video app over the next nine months to a year.Driven by widespread worries among U.S. lawmakers that China could access Americans' data or surveil them with the app, the bill was passed by the U.S. House of Representatives on Saturday and U.S. President Joe Biden has said he will sign it into law on...
Search Engine Land—TikTok sell or ban bill becomes law. TikTok says the law is unconstitutional and plans to challenge it in court.
GSMArena—US passes revised bill that could ban TikTok within a year. The US House of Representatives once again voted on a bill that could ban TikTok. The updated version now requires ByteDance to sell the social media to a US company within one year instead of six months. Failing to do so would result in TikTok's ban from the Apple App Store and Google Play Store. TikTok preemptively posted a statement on X, saying the ban would "trample the free speech rights of 170 million Americans, devastate 7 million businesses, and shutter a platform that contributes...