President Joe Biden, the incumbent President of the United States, has officially signed off on a package of four legislative bills. Three of these bills are related to military assistance to Ukraine, Israel, and Taiwan, while the fourth bill orders ByteDance to sell off its TikTok business or face a ban on its services in the country. This comes after both the House of Representatives and the Senate have passed a resolution endorsing these laws.
TikTok has released a statement in response to the validation of these laws, claiming that they violate the principles of the constitution. The company has vowed to challenge these laws in court and has emphasized that they will have a significant impact on over 7 million businesses on the platform and more than 170 million American users. Meanwhile, TikTok’s CEO Shou Zi expressed disappointment with the situation and assured that they will follow the legal procedures in the upcoming court battle.
TLDR: President Joe Biden approves a legislative package including military aid bills and a directive for ByteDance to sell TikTok, sparking a legal battle with the company.
Leave a Comment