President Biden signed a bill that states if TikTok doesn't cut ties with its China-based parent company ByteDance over the next nine months to a year, it will be banned in the U.S.
Beijing’s communist government is supporting illicit trade in deadly fentanyl by offering tax rebates and other incentives to manufacturers in China, according to a bipartisan report by the House Select Committee on the Chinese Communist Party.
The new law gives ByteDance an initial nine months to sort out a deal that would require to sell TikTok to a different entity.
A Politico report released Wednesday revealed officials from the Chinese Embassy have met with congressional staffers to lobby against the recent bill that would force the Beijing-based ByteDance to sell TikTok to a non-Chinese company.
After a bill that would force the sale of the company passed the House, diplomats from the Chinese Embassy met with Hill offices to push talking points defending the app.
The comments from ByteDance come after reports it was exploring the potential sale of the platform.
After a vote in the Senate tied to foreign aid late on Tuesday, President Biden will sign into law a requirement for ByteDance to sell or divest its TikTok platform within a year. TikTok could be banned in the US The combination bill including a potential TikTok ban was approved first by the House of Representatives, and now also by the Senate. President Biden says he will sign it into law on Wednesday, April 24, 2024. According to Reuters, the legislation mandates that TikTok will be...
Long Covid Advocacy Ireland will call for the Government to review how people with the condition are cared for at the Oireachtas Health Committee today.
By Laura He, CNN Hong Kong (CNN) — TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social media platform, its first official response on the fraught issue since President Joe Biden signed a bill that could lead to a nationwide ban of the wildly popular app. “Foreign media
By Laura He, CNN Hong Kong (CNN) — TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social media platform, its first official response on the fraught issue since President Joe Biden signed a bill that could lead to a nationwide ban of the wildly popular app. “Foreign media
By Laura He, CNN Hong Kong (CNN) — TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social media platform, its first official response on the fraught issue since President Joe Biden signed a bill that could lead to a nationwide ban of the wildly popular app. “Foreign media
President Biden has now formally signed the bill that means TikTok owner ByteDance must sell the platform, or face being banned in the US from 2025. TikTok could be banned in the US from 2025 As expected following the Senate's passing of the combination bill regarding funding for Ukraine and the potential ban of TikTok, President Biden has now signed the measure into law. From today, ByteDance has nine months in which to sell or divest itself of TikTok, although there may be a further...