US House Passes Bill To Ban Tiktok Unless China-Based ByteDance Sells Stakes. Senate Next

<p>The United States House of Representatives passed legislation on Saturday aimed at banning TikTok within the country unless its China-based parent company sells its stake within a year. However, analysts suggest that the popular social media platform is unlikely to disappear soon, news agency AP reported.</p> <p>The decision to include TikTok in a broader foreign aid package by House Republicans, aligning with President Joe Biden's priorities and garnering support for Ukraine and Israel, facilitated the ban's fast-tracking. This move came after a previous version of the bill had stalled in the Senate. The House had previously passed a standalone bill with a six-month selling deadline in March, which received strong bipartisan support due to national security concerns voiced by both Democrats and Republicans regarding ByteDance Ltd., the Chinese technology firm that owns TikTok, AP's report stated.</p> <p>The modified measure passed the House with a vote of 360-58 and is now headed to the Senate after negotiations led to a compromise.</p> <p>&nbsp;</p>

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