President Biden signs law to ban TikTok nationwide unless it is sold
President Biden on Wednesday signed a law that would ban Chinese-owned TikTok unless it is sold within a year.
It is the most serious threat yet to the video-streaming app's future in the U.S., intensifying America's tech war with China.
The measure was tucked into a bill providing foreign aid for Israel, Ukraine and Taiwan.
The law stipulates that ByteDance must sell its stake in TikTok in 12 months under the threat of being shut down.
The move is the culmination of Washington turning the screws on TikTok for years.
the app has been under the microscope of national security officials in Washington fearing possible influence by the Chinese government.
It is where one-third of young people get their news, according to Pew Research Center.
TikTok has vowed to take the Biden administration to court, claiming the law would suppress the free speech of millions of Americans.
Chinese officials have placed content-recommendation algorithms on what is known as an export-control list
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