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Biden signs bill that bans TikTok if ByteDance doesn't sell

  • The House approved legislation 360 to 58, linking it to foreign-aid. Senator John Thune mentioned banning TikTok if not acquired by a non-Chinese Communist Party entity.
  • The Senate passed the measure 75-17 within a foreign-aid bill for Ukraine, Israel, and Taiwan, totaling US$95.3 billion. Thune highlighted TikTok's potential ban in the legislation.
  • The legislation's approval is a setback for TikTok, with 175 million American users affected, amid concerns over Chinese influence and ownership.
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