President Joe Biden has agreed to sign the bill once passed by both chambers, which will give China-based. ByteDance up to a year to sell TikTok or face an effective ban.
A bill that would force China-based company Bytedance to sell TikTok — or else face a US ban of the platform — is all but certain to become law after the Senate passed a foreign aid package including the measure. It now heads to President Joe Biden, who already committed to signing the TikTok legislation should it make it through both chambers of Congress. The House passed the foreign aid package that includes the TikTok bill on Saturday.
“Congress is acting to prevent foreign adversaries from conducting espionage, surveillance, maligned operations, harming vulnerable Americans, our servicemen and women, and our U.S. government personnel.” “The truth is, these Chinese companies at the end of the day, they don’t owe their obligation to their customers, or their shareholders, but they owe it to the PRC government,” Senate Intelligence Committee Chair Mark Warner said.
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TikTok bill faces uncertain fate in the Senate as legislation to regulate tech industry has stalledTikTok’s extensive lobbying campaign is the latest tech industry push since the House passed legislation that would ban the popular app if its China-based owner doesn’t sell its stake.
Read more »
TikTok bill faces uncertain fate in the Senate as legislation to regulate tech industry has stalledTikTok’s extensive lobbying campaign is the latest tech industry push since the House passed legislation that would ban the popular app if its China-based owner doesn’t sell its stake.
Read more »
TikTok bill faces uncertain fate in the Senate as legislation to regulate tech industry has stalledTikTok’s extensive lobbying campaign is the latest tech industry push since the House passed legislation that would ban the popular app if its China-based owner doesn’t sell its stake.
Read more »
TikTok bill faces uncertain fate in the Senate as legislation to regulate tech industry has stalledTikTok’s extensive lobbying campaign is the latest tech industry push since the House passed legislation that would ban the popular app if its China-based owner doesn’t sell its stake
Read more »
TikTok bill faces uncertain fate in the Senate as legislation to regulate tech industry has stalledTikTok’s extensive lobbying campaign is the latest tech industry push since the House passed legislation that would ban the popular app if its China-based owner doesn’t sell its stake
Read more »