Official government announcement or major news outlets confirming the divestment compliance.

U.S. House Passes Bill to Ban TikTok Within 270 Days Unless ByteDance Divests

Apr 20, 2024, 02:45 PM

The U.S. House of Representatives has passed a bill that could lead to a ban on TikTok unless its Chinese parent company, ByteDance, divests from the app within 270 days. This legislation, which passed with a vote of 360-58, is part of a broader $95 billion foreign aid package that includes support for Ukraine and Israel. The bill, which has garnered bipartisan support, aims to address national security concerns regarding TikTok's ties to China. It stipulates a divestment period of one year for ByteDance, after which a ban could be enforced if compliance is not met. The bill is now headed to the Senate, where it is expected to pass, and President Biden has indicated he will sign it into law.