Senate passes bill forcing TikTok's parent company to sell or face ban, sends to Biden for signature

The TikTok legislation was included as part of a larger $95 billion package that provides foreign aid to Ukraine and IsraelThe Senate on Tuesday has begun consideration of a package to deliver $95 billion in foreign aid to Ukraine, Israel and Taiwan.The Senate passed legislation Tuesday that would force TikTok's China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S.

The revised legislation extends the deadline, giving ByteDance nine months to sell TikTok, and a possible three-month extension if a sale is in progress. The bill would also bar the company from controlling TikTok's secret sauce: the algorithm that feeds users videos based on their interests and has made the platform a trendsetting phenomenon.

Opponents of the bill say the Chinese government could easily get information on Americans in other ways, including through commercial data brokers that traffic in personal information. The foreign aid package includes a provision that makes it illegal for data brokers to sell or rent "personally identifiable sensitive data" to North Korea, China, Russia, Iran or entities in those countries.

China has previously said it would oppose a forced sale of TikTok, and has signaled its opposition this time around. TikTok, which has long denied it's a security threat, is also preparing a lawsuit to block the legislation. The Trump administration then brokered a deal that had U.S. corporations Oracle and Walmart take a large stake in TikTok. But the sale never went through.Since then, TikTok has been in negotiations about its future with the secretive Committee on Foreign Investment in the United States, a little-known government agency tasked with investigating corporate deals for national security concerns.

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Bill forcing TikTok parent company to sell or face ban clears Senate, heads to BidenThe Senate passed legislation Tuesday that would force TikTok's China-based parent company to sell the social media platform under the threat of a ban.
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