US Senate passes bill to force TikTok divestment or ban

Business
By VOA | Apr 24, 2024

The U.S. Senate voted late Tuesday to send legislation to President Joe Biden that would require Chinese owner ByteDance to divest the popular short video app's U.S. assets within about nine months or face a
Ban.

The measure, passed by the U.S. House of Representatives on Saturday, has been driven by concerns that China could access Americans' data or surveil them with the app and Biden has said he will sign it into law.

"For years we've allowed the Chinese Communist party to control one of the most popular apps in America that was dangerously shortsighted," said Senator Marco Rubio, the top Republican on the Intelligence Committee. "A new law is going to require its Chinese owner to sell the app. This is a good move for America."

TikTok, which says it has not shared and would not share U.S. user data with the Chinese government, has argued the law amounts to a ban that would violate the U.S. free speech rights of its users.

The company did not immediately comment but over the weekend, it told its employees that it would quickly go to court to try to block the legislation.

"We'll continue to fight, as this legislation is a clear violation of the First Amendment rights of the 170 million Americans on TikTok... This is the beginning, not the end of this long process," TikTok told employees on Saturday in an email seen by Reuters.

The Senate voted 79 to 18 in favor of the bill.

Share this story
Gulf Energy secures oil rig ahead of Lokichar project kick-off
Gulf Energy, the firm that last year took over the Turkana oil project, says it has leased an oil rig from a Middle Eastern firm that will be used to drill oil wells in Lokichar.
Big win for Ruto as court clears path for sale of key State firms
President William Ruto’s administration scored a major legal victory after the High Court declared the Privatisation Act 2025 constitutional, paving the way for the sale of key State corporations.
PwC now seeks buyers for Koko Networks assets
PwC has launched a search for buyers to acquire the business or assets of the collapsed Koko Networks Ltd, as administrators move to recover value for creditors.
Kenya Pipeline Company IPO extended by three working days
The Kenya Pipeline Company’s IPO has been extended by three days following approval by the Capital Markets Authority.
When fundamentals are stable but the patient is terrified
Kenya‘s Central Bank has reduced inflation without hurting the currency, lowered rates without causing capital flight and has established the credibility that gives Kenya options.  
.
RECOMMENDED NEWS