Bipartisan Lawmakers Introduce Bill Requiring TikTok to Divest from ByteDance

Wednesday, 6 March 2024, 09:29

A bipartisan group of lawmakers in the U.S. has proposed a bill that would require TikTok to divest from its Chinese parent company ByteDance within 165 days or risk facing a ban in the country. The move comes amid growing concerns over data security and national security implications of the popular social media app being owned by a Chinese firm.
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Bipartisan Lawmakers Introduce Bill Requiring TikTok to Divest from ByteDance

Overview:

A recent development in the U.S. has put TikTok under scrutiny, with lawmakers pushing for the popular app to sever ties with its parent company ByteDance within a specified timeframe to avoid a potential ban in the country.

Key Points:

  • Lawmakers propose a bill demanding TikTok's divestment from ByteDance within 165 days.
  • Concerns over data security and national security implications drive the push for divestment.
  • Failure to comply with the bill could result in TikTok facing a ban in the U.S.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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