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Biden signs bill that would ban TikTok if ByteDance fails to sell the app

Biden signs bill that would ban TikTok if ByteDance fails to sell the app

7 months ago
Anonymous $6hYC3Wwiad

https://techcrunch.com/2024/04/24/biden-signs-bill-that-would-ban-tiktok-if-bytedance-fails-to-sell-the-app/

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. If ByteDance doesn’t sell TikTok, it would become illegal for app stores to distribute the app in the U.S.

Biden signs bill that would ban TikTok if ByteDance fails to sell the app

Wed Apr 24, 4:28pm UTC
https://techcrunch.com/2024/04/24/biden-signs-bill-that-would-ban-tiktok-if-bytedance-fails-to-sell-the-app/ > 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. If ByteDance doesn’t sell TikTok, it would become illegal for app stores to distribute the app in the U.S.