House Votes to Advance Bill That Could Ban TikTok, Spotlight on Senate for Next Steps

House approves bill requiring ByteDance to divest TikTok or face U.S. ban.
Legislation passed with a 352-65 vote, now advances to the Senate.
TikTok, with 170 million U.S. users, lobbies against the bill citing First Amendment concerns.
The bill is part of broader U.S. actions to address national security concerns related to China.
FBI Director Christopher Wray emphasizes risks of Chinese government accessing U.S. data via TikTok.
China's Ministry of Commerce and the Chinese Embassy in Washington criticize the U.S. stance.
The bill's fate in the Senate remains uncertain; President Biden signals willingness to sign.

Biden supports the bill, offers technical assistance in drafting.
Legislation could lead to TikTok ban, affecting app stores and hosting services.
Concerns over First Amendment rights raised by civil liberties organizations.
Trump comments on the potential strengthening of Facebook if TikTok is banned.
Potential valuation of TikTok's U.S. business could exceed $60 billion.
Prominent Republicans threaten to withdraw funding from bill opponents.