House GOP Bill Threatens TikTok Sale or Ban Amid Legal Showdown
March 12, 2024House Republicans propose legislation potentially forcing ByteDance to sell TikTok or face a ban in the US.
TikTok intends to pursue all legal options before considering a sale as a last resort under new US law.
Chinese government approval is necessary for a divestiture, and it has signaled resistance to a forced sale.
The proposed bill will go to a vote in the US House of Representatives, reaching an unprecedented stage in Congress.
As US election tensions rise, TikTok's future in the country is uncertain, prompting advice for users to back up their content.
Summary based on 31 sources
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Sources
The New York Times • Mar 12, 2024
The Clock Ticks for TikTokThe New York Times • Mar 12, 2024
Tuesday BriefingBloomberg • Mar 12, 2024
TikTik Ban in US? How It Became a US-China National Security IssueBloomberg • Mar 12, 2024
TikTok Plans Legal Fight If US Divestment Bill Becomes Law