Biden Signs Measure that Could Ban TikTok If they Dont Divest to American Company!
The Chinese App has 270 to find new owner or be banned!
Biden has signed legislation that could ban TikTok if it is not sold to a U.S.-based company within a year
The Senate approved a legislative package that includes a $95.3 billion aid package for Taiwan, Israel, and the Ukraine
The bill gives TikTok 270 days to find a new owner
The White House has the option to extend the deadline by 90 days
Politicians have expressed security concerns over TikTok's ownership by ByteDance
Former President Donald Trump has voiced concerns about empowering Meta (Facebook)
TikTok's management is planning a legal challenge to the bill
Legal challenges could also come from TikTok's users and popular creators
TikTok has criticized the legislation in a statement.
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