There’s a new bipartisan bill making its way through congress which, if passed, would force TikTok’s Chinese owner Byte Dance to divest itself of the company. The bill seems primarily aimed at TikTok but could in theory apply to any social media company owned by a foreign adversary. Under the bill, any company determined by US intelligence agencies to be under the control of a country like China, Russia or Iran would have 180 days to divest. Failure to do so would result in a ban from US app stores.
Of course this isn’t the first time congress has talked about banning TikTok but this time the effort seems to have a lot of bipartisan support including from the White House.
The U.S. House Committee on Energy and Commerce on Thursday is expected to vote on legislation giving China’s ByteDance six months to divest from short video app TikTok or face a U.S. ban.
Committee approval would…