Bill gives app owner, ByteDance, a year to divest, and while Biden is expected to sign it, the company plans to fight itThe Senate voted Tuesday to pass a bill that will either ban TikTok or force a sale of the short-form video app, giving its China-based parent company ByteDance up to one year to divest its crown jewel before facing deletion from US app stores.The vote was a landslide, with 79 senators voting in favor and 18 against. The bill passed in the House on Saturday by a margin of 360...
The Senate has passed legislation that would force TikTok's China-based parent company to sell the social media platform under the threat of a ban.
It now goes to President Joe Biden, who has backed the TikTok proposal and has said he will sign the package as soon as he gets it.
It now goes to President Joe Biden, who has backed the TikTok proposal and has said he will sign the package as soon as he gets it.
It now goes to President Joe Biden, who has backed the TikTok proposal and has said he will sign the package as soon as he gets it.
It now goes to President Joe Biden, who has backed the TikTok proposal and has said he will sign the package as soon as he gets it.
It now goes to President Joe Biden, who has backed the TikTok proposal and has said he will sign the package as soon as he gets it.
The Senate passed legislation Tuesday that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers that’s expected to face legal challenges and disrupt the lives of content creators who rely on the short-form video app for income.
The Chinese tech giant continues to rake in billions in profits. But a potential U.S. TikTok ban looms.
The Senate has passed legislation that would force TikTok's China-based parent company to sell the social media platform under the threat of a ban.
The Senate has passed legislation that would force TikTok's China-based parent company to sell the social media platform under the threat of a ban.
The legislation, which gives ByteDance nine months to sell TikTok and a possible three-month extension if a sale is in progress—now goes to President Biden for signature.