"US Lawmakers Introduce Bill to Compel TikTok Divestment from ByteDance"

1 min read
Source: Reuters
"US Lawmakers Introduce Bill to Compel TikTok Divestment from ByteDance"
Photo: Reuters
TL;DR Summary

A bipartisan group of US lawmakers has introduced legislation that would force ByteDance, the Chinese owner of TikTok, to divest the popular app within six months or face a US ban. The bill aims to address national security concerns and would prohibit app stores from offering TikTok or providing web hosting services to ByteDance-controlled applications. TikTok, used by over 170 million Americans, denies sharing US user data with the Chinese government. The legislation, set for an initial vote on Thursday, could pose a significant threat to ByteDance's ownership of TikTok and give the president new powers to designate apps of concern posing national security risks.

Share this article

Reading Insights

Total Reads

0

Unique Readers

15

Time Saved

3 min

vs 4 min read

Condensed

83%

627105 words

Want the full story? Read the original article

Read on Reuters