President Biden called it "a good day for world peace" after signing the bill to provide almost $100 million in foreign aid, most of it for Ukraine and Israel. The legislation also sets the stage for a potential ban of TikTok. NBC News' Peter Alexander reports.
BookTok has become the most influential platform in the literary space, but it might not be around for long.
The bill that will force a sale or ban of TikTok in the United States is now law.
TikTok faces an uncertain fate in the U.S. once again. A bill including a deadline for TikTok parent company Bytedance to divest within nine months or face a ban on app stores to distribute the app in the U.S., was signed by President Joe Biden on Wednesday as part of broader legislation including military aid for Israel and Ukraine. The White House's approval comes swiftly after strong bipartisan approval in the House and a 79-18 Senate vote Tuesday in favor of moving the bill forward.
President Biden has signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell it within a year. The bill, which includes aid for Ukraine and Israel, was passed by the U.S. Senate in a 79-18 vote late Tuesday after the House passed it with overwhelming majority over the weekend. The bill gives ByteDance nine months to divest TikTok, with a 90-day extension available to complete a deal.
A bill that could ban TikTok is now all but certain to become law. The Senate approved a measure that requires ByteDance to sell TikTok or face a ban.
TikTok's fate in the U.S. looks uncertain after President Joe Biden signed a bill that included a deadline for ByteDance, TikTok's parent company, to divest itself of TikTok within nine months or face a ban on distributing it in the U.S. Ivan writes about how the impact of TikTok bans in other countries could signal what’s to come stateside. California drones grounded: In more Amazon news, the tech giant confirmed that it's ending Prime Air drone delivery operations in Lockeford, California.
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As a TikTok ban gets closer to becoming a reality in the United States, it might be time to start thinking about other platforms to adopt early in case you need to fill the void left by the popular app, especially as recent reports have suggested that ByteDance would prefer to shut down TikTok rather than sell it. On April 24, President Biden signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell the app within a year, bringing the possibility of a TikTok ban closer than ever before. If the company is unable to fight the legislation and its legal efforts fail, reports indicate that a sale of TikTok with its algoritms would be highly unlikely because the app's algorithms are core to ByteDance’s overall operations.
As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. The company is touting the success of its short-from video feed a day after President Biden signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell it within a year. Snap says overall time spent watching content globally grew year-over-year, driven primarily by increases in total time spent watching Spotlight and creator Stories.
The US House of Representatives on Saturday passed a revised version of the bill that could ban TikTok. The bill was included with a package on foreign aid. It'll now go on to Senate, which is likely to vote on it very soon.
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