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TikTok Ban Bill Becomes Law, Gives TikTok 9 Months To Sell
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April 24, 2024April 24, 2024IPOs

TikTok Ban Bill Becomes Law, Gives TikTok 9 Months To Sell

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The U.S. Senate passed a multi-billion dollar package on Tuesday that included foreign aid alongside legislation that forces TikTok to separate from its Beijing-based parent company within a year — or face a national ban. President Biden made the law official, signing it on Wednesday. Prompted by national security concerns, the bill gives TikTok’s owner...