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What to know about TikTok owner ByteDance as Congress approves possible ban

Congress passed legislation Tuesday to ban or force a sale of video-sharing app TikTok in the United States, amid concerns that the Chinese-owned platform could be used to monitor and manipulate Americans.

The package now goes to President Biden, who has endorsed it, for his signature. Once signed, the provision will give TikTok’s parent company, the Beijing-based ByteDance, roughly nine months to sell the platform or face a nationwide ban on Apple and Google app stores that could pose a significant threat to one of China’s most successful internet companies.

source: https://www.washingtonpost.com/world/2024/03/13/who-is-tiktok-owner-bytedance/

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