US Senate Passes Bill Requiring TikTok Divestment
The US Senate has approved a bill mandating TikTok to separate from its Chinese parent company, ByteDance. $ByteDance(FT0001$
Under the bill, TikTok must divest within nine months, with a three-month extension if negotiations are ongoing. The legislation, part of a $95 billion foreign aid package, awaits President Biden's signature.
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