The U.S. Senate has passed a significant bill that could lead to a ban on TikTok in the United States. The legislation requires ByteDance, the Chinese company that owns TikTok, to divest its interest in the app within nine months. Failure to comply would result in TikTok being prohibited in the U.S.
President Joe Biden has expressed his intention to sign the bill into law promptly once it is presented to him.
In response to this legislative action, ByteDance has not provided an immediate comment to the International Media, although it has previously stated that it would contest any enforced sale of TikTok.
Should the U.S. manage to compel ByteDance to divest, any subsequent transaction would also need to receive the green light from Chinese authorities. However, Beijing has already indicated its opposition to such a move. Experts anticipate that navigating these international regulatory waters could be a lengthy process.
