Senate passes bill to force sale of TikTok
The Senate passed a bill giving the social media platform's Chinese parent company an ultimatum: Sell the app or be banned in the U.S.
The Senate passed a bill giving the social media platform's Chinese parent company an ultimatum: Sell the app or be banned in the U.S.
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.
The company made the announcement on Thursday.
The Senate passed a bill, included with the foreign aid package, that will ban TikTok if its owner, ByteDance, doesn't sell it within a year. Senators passed the bill 79-18 Tuesday after the House passed it with overwhelming majority over the weekend. President Joe Biden will have to sign the bill to make it law.
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.
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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.
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