What a TikTok Ban in the U.S. Would Mean

Bloomberg: “The U.S. House of Representatives passed legislation on April 20 that would force the social media platform’s Chinese parent, ByteDance Ltd., to divest its controversial ownership stake or face a US ban. The Senate is expected to vote on the bill in the coming days, and President Joe Biden has said he’d sign the legislation promptly.”

“If the bipartisan measure becomes law, it would give ByteDance as long as a year to divest its ownership before a ban would set in. Speaker Mike Johnson included the TikTok divestiture legislation — already passed overwhelmingly by the House in a stand-alone bill — in a fast-moving aid package for Ukraine and Israel.”