Results for: U.S. Ban

The newly signed foreign aid package bill in the U.S. has put TikTok’s future in jeopardy. ByteDance, the Chinese company that owns TikTok, faces the prospect of having to sell or face a ban within nine months. However, the company has multiple options to consider, including legal challenges, delaying tactics, divesting from TikTok, or accepting a ban. The outcome of the legal battle, the political climate, and the availability of potential buyers will all play a role in determining TikTok’s fate in the U.S.

TikTok’s days in the U.S. may be numbered. After years of attempts to ban the Chinese-owned app, a measure to outlaw TikTok has won congressional approval and was signed by President Biden on Wednesday. The measure gives TikTok’s Beijing-based parent company ByteDance nine months to sell the company, with a possible additional three months if a sale is in progress. If TikTok doesn’t comply, it will be banned in the U.S.

President Biden has signed a bill into law that could lead to a ban on TikTok in the United States unless its Chinese parent company, ByteDance, divests itself of the app within approximately a year. This legislation is part of a larger aid package that includes funding for Ukraine, Israel, Gaza, Taiwan, and the Indo-Pacific region. The ban would not take effect before the upcoming U.S. national election in November, and ByteDance has nine months to comply or face a potential ban. The company has indicated that it will challenge the legislation in court.

The U.S. Senate has approved a bill that could force Chinese-owned social media app TikTok to be sold or banned in the United States. The bill, which passed by a 79-18 vote, would require TikTok’s parent company, ByteDance, to divest its ownership within 90 days or face a ban. The measure is attached to a larger aid package for Israel, Ukraine, and Taiwan, which President Biden has voiced his support for.

Policy analyst Ed Mills anticipates that TikTok may cease operations in the U.S. next year due to a bill that aims to force the divestment of the popular social media platform. The bill, which has passed the U.S. House of Representatives, proposes that TikTok must be sold within a year or face a ban from U.S. app stores. If the bill is passed by the Senate, TikTok would be forced to sell its U.S. operations to an American company, effectively ending its presence in the country.