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Explainer: What happens now that US TikTok bill has been passed?

Economic Times

Economic Times · 1y ago

Explainer: What happens now that US TikTok bill has been passed?

The U.S. Senate has passed legislation giving TikTok's Chinese owner, ByteDance, nine months to sell the U.S. assets of the app or face a nationwide ban. President Joe Biden is expected to sign the bill into law, starting a 270-day countdown for ByteDance to divest TikTok. If close to divestment at the end of the nine-month period, an additional 90 days can be authorized. TikTok is likely to sue to stop the law and may request a preliminary injunction. The forced sale process would be halted if the injunction is granted. The app should remain unchanged for U.S. users until the divestment period ends in early 2025.

Related News

Explainer: Will TikTok be banned in the US and what is next for the bill?

Economic Times

Economic Times · 1y ago

Explainer: Will TikTok be banned in the US and what is next for the bill?

The U.S. House of Representatives has passed a bill giving TikTok's owner, ByteDance, six months to divest its U.S. assets or face a nationwide ban. Concerns have been raised that TikTok's management could be influenced by the Chinese government, posing a threat to U.S. national security. The bill passed in a bipartisan vote, with most Republicans supporting it. If the bill becomes law, TikTok could be removed from app stores, making it difficult for users to access the platform. China has previously banned TikTok in India, Nepal, and several other countries. The bill now faces review in the Senate.

TikTok CEO doubles down and urges users to get loud and contact senators

Business Insider

Business Insider · 1y ago

TikTok CEO doubles down and urges users to get loud and contact senators

TikTok CEO Shou Chew is appealing to users to oppose legislation that would force its Chinese parent company to sell the app or face a US ban. The bill has been passed by the US House of Representatives and now heads to the Senate. Shou argues that the bill spreads misinformation and would give more power to other social media companies while putting American jobs at risk. President Joe Biden has pledged to sign the bill if it reaches his desk. TikTok users have been sharing their support for the app, but the company has not indicated that it will accept a forced sale.

U.S. House passes revised bill to ban TikTok or force sale

TechCrunch · 1y ago

U.S. House passes revised bill to ban TikTok or force sale

The US House of Representatives has passed a bill that would require the sale of popular social media app TikTok or face a ban in the country. The bill provides ByteDance, TikTok's parent company, with a nine-month window to sell the app, with an additional 90-day extension possible. The bill received overwhelming support from both Republicans and Democrats. If passed by the Senate, President Joe Biden has indicated he will sign it. TikTok is expected to challenge the bill in court if it becomes law. Concerns over national security threats and data privacy have been cited as reasons for the proposed ban.

TikTok says US House bill that could ban app would 'trample' free speech

Economic Times

Economic Times · 1y ago

TikTok says US House bill that could ban app would 'trample' free speech

TikTok has reiterated its concerns about a bill passed by the House of Representatives that would ban the social media app in the U.S. if Chinese owner ByteDance does not sell its stake within a year. The bill has now moved to the Senate for a potential vote. Many lawmakers and the Biden administration argue that TikTok poses national security risks due to potential data sharing with China. TikTok has defended itself, claiming it has never shared U.S. data. The bill's impact on free speech has also been criticized.

Why the last attempt to ban TikTok failed

Business Insider

Business Insider · 1y ago

Why the last attempt to ban TikTok failed

The US Congress has passed a bill that could force TikTok to divest its US business or shut down, bringing a potential ban closer to reality. This is not the first time TikTok has faced such threats. In 2020, then-President Donald Trump attempted to ban the app over security concerns and Chinese ownership. However, TikTok denied sharing data with China and sued the US government. A federal judge granted an injunction, and when President Joe Biden took office, he rescinded Trump's executive order. Now, the tables have turned, with Biden indicating he would sign the latest ban bill if it passes in the Senate. TikTok has vowed to fight the ban once again.

The bill that could ban TikTok passes in the House

TechCrunch · 1y ago

The bill that could ban TikTok passes in the House

The House of Representatives has passed a bill that would require social media platform TikTok to sever ties with its parent company, ByteDance, within six months or face being banned in the US. The bill received bipartisan support, with a vote of 352-65. However, the fate of the legislation remains uncertain as it heads to the Senate. TikTok has urged the Senate to consider the potential impact on the economy and the millions of Americans who use the platform. Former President Donald Trump, who initially sought to ban TikTok, now opposes the move.

TikTok Ban in US: House passes bill with majority, Senate vote next & more

Livemint

Livemint · 1y ago

TikTok Ban in US: House passes bill with majority, Senate vote next & more

The United States House of Representatives has passed a bill to prohibit Chinese social media platform TikTok, with 352 votes in favour and 65 against. The bill now moves on to the US Senate and later to the White House for the President's signature. The move comes amid concerns over national security related to TikTok's Chinese parent company, ByteDance. The bill requires ByteDance to divest from TikTok within 165 days or cease operations in the US, and also demands the relinquishment of TikTok's algorithm if it is to continue US operations.

TikTok ban: How Congress could force ByteDance to sell or push the app out of the U.S.

TechCrunch · 1y ago

TikTok ban: How Congress could force ByteDance to sell or push the app out of the U.S.

The US House of Representatives has passed a bill that could potentially lead to a ban of the social media app TikTok in the country. The app, owned by Chinese tech company ByteDance, has faced scrutiny over national security concerns. The new bill, which would require ByteDance to sell TikTok or separate it from its Chinese ownership, has garnered bipartisan support but still needs to be approved by the Senate. TikTok has denied any allegations of being a security threat and has actively campaigned against a potential ban.

Watch: The TikTok ban, or at least the effort to force its sale, is gaining steam

TechCrunch · 1y ago

Watch: The TikTok ban, or at least the effort to force its sale, is gaining steam

A House subcommittee has passed a bill that could lead to a sale of TikTok or a ban on the app in American app stores. Former President Donald Trump has now come out in support of TikTok, while Elon Musk opposes the ban. Congress appears largely in agreement, citing concerns over data safety and potential political interference. The question remains: should TikTok be divested to resolve these issues?

TikTok tells staff that strategy stays the same after House vote

Livemint

Livemint · 1y ago

TikTok tells staff that strategy stays the same after House vote

TikTok has informed its employees that it will not be changing its approach to protecting user data, despite a recent bill passed by US lawmakers to ban the app unless it is sold by its Chinese owner. In a memo reviewed by Bloomberg, the company expressed its belief that transparent, US-based protection of user data is the best way to address concerns about national security. TikTok plans to lobby the Senate against passing the legislation and will pursue legal challenges before considering any divestiture. The bill faces an uncertain future in the Senate.

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