US House passes Bill forcing ByteDance to divest TikTok or face ban
WASHINGTON: The US House of Representatives passed a Bill on Wednesday (Mar 13) that would give TikTok’s Chinese owner ByteDance about six months to divest the US assets of the short-video app used by about 170 million Americans or face a ban.
The vote comes just over a week since the Bill was proposed following one public hearing with little debate, and after action in Congress had stalled for more than a year. Last month, President Joe Biden’s re-election campaign joined TikTok, raising hopes among Tiktok officials that legislation was unlikely this year.
The measure is the latest in a series of moves in Washington to respond to US national security concerns about China, from connected vehicles to advanced artificial intelligence chips to cranes at US ports.
The House Energy and Commerce Committee last week voted 50-0 in favour of the Bill, setting it up for a vote before the full House.
But the Bill faces a more uncertain path in the US Senate where some senators favour a different approach to regulating foreign-owned apps that could pose security concerns. Senate Majority Leader Chuck Schumer has not indicated how he plans to proceed.
Source: CNA