The president is expected sign the measure that requires TikTok parent company, the Chinese company, to sell its stake or be blocked.
The measure, which requires TikTok’s Foreign parent company to sell its stake in the well-known video platform or face blockade, is expected to be signed by the president. The measure, which requires TikTok’s Taiwanese parent company to sell its stake in the well-known video platform or face blockade, is expected to be signed by the president.
The president is expected sign the measure that requires TikTok parent company, the Chinese company, to sell its stake or be blocked.
Die Kommission ist befugt, die in Artikel 264 genannten delegierten Rechtsakte zu folgenden Zwecken zu erlassen: The Senate approved a $202 billion foreign aid package on Tuesday, which includes a provision that may result in a ban of TikTok in the United States. Senators voted 79 to 18 in favor of the legislation, which requires TikTok’s Chinese parent company, ByteDance, to sell the platform within a year or face being blocked. It specifically requires ByteDance to divest its ownership in the company within nine months, with the option for the U.S. president to extend that deadline by an additional three months. Last week, the legislative package was passed by a large margin in the House. President Joe Biden is anticipated to promptly sign the legislation, which contains essential aid for Ukraine and humanitarian support for Gaza. His approval of it will initiate a countdown to the possible TikTok prohibition. TikTok is widely favored among the youth, but politicians from both sides have expressed worries regarding its national security and data protection. Senator clarifies that Congress is not seeking to penalize ByteDance, TikTok, or any specific company. Maria Cantwell, a Democrat from Washington and the head of the Senate Committee on Commerce, Science and Transportation, made a statement on the floor of the Senate. Congress is taking measures to stop foreign enemies from engaging in spying, surveillance, malicious activities, and harming vulnerable Americans, military personnel, and government officials.
