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House Bill Could Extend ByteDance's Deadline to Sell TikTok, Aims for Senate Approval

Apr 17, 2024, 07:51 PM

The U.S. House of Representatives has passed a bill that could extend the time ByteDance has to sell TikTok. The bill, which is part of a broader legislative effort, includes provisions that would allow the President to extend the divestment period by an additional 180 days. This change is aimed at making it easier for the bill to clear the Senate and become law. House Speaker Mike Johnson has outlined a plan to expedite the bill's passage through the Senate, giving ByteDance one year to complete the sale.