TikTok said legislation passed by the US Congress Tuesday evening that would force its Chinese parent company to sell its stake or face a total ban of the app in America is “unconstitutional,” and the company will challenge it in court.
The law has been introduced because of concerns TikTok might share user data with the Chinese government - claims it has always denied. "We are confident and we will keep fighting for your rights in the courts,
President Joe Biden signed the TikTok bill into law on Wednesday morning, officially starting the 270-day clock for TikTok’s owner, China-based Bytedance, to sell the social media app or face a ban in American app stores.
TikTok ’s parent company ByteDance would reportedly favour shutting down the app altogether over offloading its business after the US passed a new law forcing it to sell the platform or be banned in the country.
TikTok parent ByteDance has said it has no intention of selling it, after the US Congress passed a law forcing it to sell the hugely popular video platform or get banned in the United States.
Biden’s new legislation is forcing TikTok’s Chinese parent company, ByteDance, to sell the social giant to a U.S. company. TikTok plans to challenge this in court.
Congress has long had national security concerns about the Chinese-owned social media app TikTok, but has not succeeded in banning the platform from American app stores. A new law requires TikTok's Beijing-based parent company ByteDance to sell its stake within 9 months or face a nationwide ban.
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