Us senator tiktok divestiture articles
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TikTok: US Senate passes bill that could see app banned
The app's owner, ByteDance, has nine months to sell its stake or face being blocked in the US.
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TikTok is another step closer to a ban in the US following Senate vote
After a swift vote in the House of Representatives earlier this week, the United States Senate has now passed the National Security Package which includes the controversial potential ban on TikTok in the US. Following the US legislative process, the bill is now heading to President Joe Biden who has previously committed to signing it into law. Should that scenario play out TikTok parent company ByteDance would be left with two choices - divest into a US-based company in the next twelve...
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US Senate passes bill to force TikTok divestment or face ban
The measure, passed by the US House of Representatives on April 20, is driven by concerns that China could access Americans' data or surveil them with TikTok