TikTok sued the U.S. government to block a ban. Here’s what happens now
2024-05-09 10:18:10 source:CNBC
May 8, 2024
The future of TikTok is more uncertain than ever after the social media company sued the U.S. government on Tuesday over a law that would force Chinese parent ByteDance to sell the app or face a national ban.
President Joe Biden signed legislation in April that gives ByteDance nine months to find a buyer for the popular short-form video app, and a three month extension if a deal is in progress. The Protecting Americans From Foreign Adversary Controlled Applications Act, as it’s known, passed with bipartisan support in both chambers of Congress.
TikTok argues that the bill violates the First Amendment, and that divestiture is “simply not possible: not commercially, not technologically, not legally,” according to the company’s legal filing.
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