US House passes bill to force TikTok's Chinese owner to divest US assets

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US House passes bill to force TikTok's Chinese owner to divest US assets
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The US House of Representatives has overwhelmingly passed a bill that would give TikTok’s Chinese owner ByteDance about six months to divest the US assets of the short-video app, or face a ban, in the greatest threat to the app since the Trump administration.

The US House of Representatives has passed a bill that would require TikTok's Chinese owner ByteDance to divest its US assets within six months or face a ban. The bill passed with a bipartisan vote of 352-65, but its future in the US Senate is uncertain. Some senators prefer a different approach to regulating foreign-owned apps. The bill is part of a larger effort to address national security concerns about China .

The Biden administration supports the bill and urges the Senate to take swift action

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