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In only one week, america legislative department handed the nationwide safety bundle into legislation, together with a invoice that may doubtlessly ban TikTok from the US. The invoice handed the Home of Representatives on Monday and the Senate yesterday and was later signed by President Joe Biden into legislation.
This flip of occasions offers TikTok’s guardian firm ByteDance two choices – divest TikTok to an American firm within the subsequent 9 months, which the President can lengthen to 12 if there’s “progress” or face an efficient ban on the platform. TikTok issued an official assertion which you’ll be able to learn beneath. The corporate plans to problem the ban in court docket calling it unconstitutional.
Our Assertion on Enactment of the TikTok Ban:
This unconstitutional legislation is a TikTok ban, and we’ll problem it in court docket. We consider the details and the legislation are clearly on our facet, and we’ll in the end prevail. The very fact is, we’ve invested billions of {dollars} to maintain U.S.…
— TikTok Coverage (@TikTokPolicy) April 24, 2024
TikTok is among the largest and fastest-growing social networks on this planet, boasting over 1 billion month-to-month customers and over 170 million energetic customers within the US alone. It’s the first app to succeed in $10 billion in-app spending making it is unsure future within the US a excessive stakes sport.
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