Senators hope TikTok will remain in business in US under new owner

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United States,Bytedance

WASHINGTON — Two US senators said they hope TikTok will remain in business in the US under a new owner as the chamber prepared to vote on Tuesday (April 23)on legislation requiring Chinese owner ByteDance to divest the popular short video app's US assets.

WASHINGTON — Two US senators said they hope TikTok will remain in business in the US under a new owner as the chamber prepared to vote on Tuesday on legislation requiring Chinese owner ByteDance to divest the popular short video app's US assets.Two US senators said they hope TikTok will remain in business in the US under a new owner as the chamber prepared to vote on Tuesday on legislation requiring Chinese owner ByteDance to divest the popular short video app's US assets.

"To those young Americans, I want to say, we hear your concern and we hope that TikTok will continue under new ownership — American or otherwise... from Britain, Canada, Brazil France. It just needs to be no longer controlled by an adversary." If the legislation is approved by the Senate, President Joe Biden has said he would sign it into law. The company has said it would challenge the order in court.

Senate Commerce Committee Chair Maria Cantwell said Congress is not acting to punish ByteDance or TikTok but"to prevent foreign adversaries from conducting espionage, surveillance, malign operations, harming vulnerable Americans".

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