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Here's what happens next after Biden signs TikTok sell-or-ban bill. Gannett. Grace Tucker, Cincinnati Enquirer. April 26, 2024 at 1:46 PM. Time’s up for TikTok?
The one thing we know for sure: Last year, Congress passed a bill, signed into law by Biden, that required ByteDance, the Chinese company that owns TikTok, to sell its US operations to a non ...
Here's what happens next after Biden signs TikTok sell-or-ban bill. ... The new law grants ByteDance up to a year to sell TikTok, and if the parent company does not divest from the app by then, a ...
Now the Republican president-elect, who will start his second term in the White House on Monday, is seeking to protect TikTok from a new law that gives TikTok parent ByteDance until Sunday to sell ...
The bill, passed by the U.S. Senate on Tuesday and signed by Biden a day later, requires TikTok's parent company, ByteDance, to sell the application. ByteDance has nine months to make a sale.
The decision not to enforce the sell-or-ban TikTok law, confirmed by the White House, comes as President-elect Donald Trump will be sworn in as the 47th president Monday to replace the outgoing Biden.
As it became clear that the court appeared poised to uphold the law, which would require ByteDance to sell the U.S. assets of TikTok by Jan. 19, Sen. Ed Markey, D-Mass, announced he planned to ...
The bill that Biden signed gives TikTok’s Chinese parent, ByteDance, 270 days to sell TikTok. Failure to do so would lead to significant consequences: TikTok would be prohibited from US app ...