The parent company of TikTok now has up to one year to sell the popular social media platform in the United States or risk facing a ban, following President Biden's signing of a bill into law Wednesday morning due to national security concerns.What's expected to happen next is a lawsuit to block the forced sale or ban from going into effect:In an earlier announcement, TikTok's CEO Shou Chew vowed to fight the law in court.
The TikTok portion gives ByteDance up to one year to sell the app to a non-Chinese company. Failure to do so would result in the inability to update or download the app onto U.S. phones.A lawsuit could potentially delay this deadline.Chew reassured users on Twitter, stating, "Rest assured, we aren't going anywhere. We will keep fighting for your rights in the courts. The facts and the constitution are on our side.