Potential TIkTok sale as Congress votes to ban
Published Date: 3/13/2024
Source: New York Post
House lawmakers voted Wednesday to compel Chinese Communist Party-tied ByteDance to sell off TikTok within six months or face the popular social media app being banned in the US — amid elevated national security concerns and despite full-throated protests from fervent fans. NY Post Business Reporter Lydia Moynihan shares this story. The Protecting Americans from Foreign Adversary Controlled Applications Act passed the House, 352-65, easily overcoming the two-thirds requirement. The bill now heads to the Senate, where its path is unclear — though it did receive a bipartisan boost from the top two lawmakers on the chamber’s intelligence committee. If the bill becomes law, ByteDance would be required to spin off TikTok within 180 days. If that does not happen, companies like Google and Apple will be restricted from offering US-based web hosting or making TikTok available in app stores. Additionally, the bill authorizes the Biden administration to prohibit apps linked to four adversary nations: China, Iran, North Korea and Russia. To ban those apps, government agencies must agree on the threat and must make evidence available to Congress. Read more at https://nypost.com/2024/03/13/us-news/tiktok-one-step-closer-to-us-ban-after-house-overwhelmingly-approves-divestment-bill/ #china #tiktok #congress #politics The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more. Subscribe to New York Post Sports: https://www.youtube.com/c/nypostsports Catch the latest news here: https://nypost.com/ Follow The New York Post on: Twitter - https://twitter.com/nypost Facebook - https://www.facebook.com/NYPost