Sara Dorn is a Forbes news reporter who covers politics, with a focus on elections and Capitol Hill. She joined Forbes in 2022 and is based in New York. She's covered the 2022 midterms, 2024 presidential campaign and the 118th session of Congress. Dorn graduated in 2012 from the University of Dayton with a degree in journalism.
Who Could Buy TikTok? Here’s Who’s Been Floated As A Potential Buyer As Biden Signs Ban Bill Into Law.TikTok vowed to take legal action against a new law that requires its China-based parent company to sell the app, or face a ban in the U.S., moments after President Joe Biden signed the legislation Wednesday.
Biden signed the legislation Wednesday, after it passed the House on Saturday and the Senate on Tuesday, requiring TikTok’s China-based parent company, ByteDance, to sell the app within 270 days, with an option for Biden to extend the timeline by 90 days if he sees “significant progress” toward a sale.The legislation was tacked on to the $95 billion foreign aid package Congress approved this week that will deliver more funding to Israel, Ukraine and Taiwan.
TikTok was widely expected to file legal action against the potential ban after its CEO Shou Zi Chew promised users in a video last month the company would “continue to do all we can, including exercising our legal rights, to protect this amazing platform that we have built with you.” Chew, in a new video posted to the app Wednesday, indicated the company could challenge the law in court on the grounds that it is a violation of First Amendment rights, telling users “this is actually ironic, because the freedom of expression on TikTok reflects the same American values that make the United States a beacon of freedom.”“Make no mistake, this is a ban,” Chew said. “Rest assured, we aren’t going anywhere. We are confident, and we will keep fighting for your rights in the courts.
Who Could Buy TikTok? Here’s Who’s Been Floated As A Potential Buyer As Biden Signs Ban Bill Into Law.
Tiktok Ban Joe Biden Shou Zi Chew
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TikTok Could Be Banned In 9 Months—Here’s What May Stop ThatSara Dorn is a Forbes news reporter who covers politics, with a focus on elections and Capitol Hill. She joined Forbes in 2022 and is based in New York. She's covered the 2022 midterms, 2024 presidential campaign and the 118th session of Congress. Dorn graduated in 2012 from the University of Dayton with a degree in journalism.
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