Both chambers of Congress have passed legislation requiring ByteDance to sell TikTok's US operations to an American company by June 2027 or face a nationwide ban on all US app stores and internet service providers.
Bill Details
- Divestiture deadline: June 30, 2027
- Must sell to US-based company
- Includes all US user data and algorithms
- 170 million US users affected
- Presidential signature expected this week
Potential buyers include Microsoft, Oracle, and a consortium led by former Walmart CEO. ByteDance has vowed to fight the law in court, arguing it violates First Amendment free speech protections.
