-- TikTok is heading to its moment of truth in Washington, with Congress on a fast track to approve a bill aimed at forcing the social-media platform’s Chinese parent ByteDance Ltd. to divest its controversial ownership stake.Speaker Mike Johnson plans to include TikTok divestiture legislation already passed by the House in a fast-moving aid package for Ukraine and Israel that the chamber is set to clear on Saturday.
The bill gives ByteDance nearly a year to divest itself of the social media platform, with 90 of those days subject to a presidential waiver — longer than the six-month time frame in the original House measure. The House-passed TikTok legislation has support from data privacy and national security hawks concerned about troves of data on American users potentially being made available to a Chinese company.
Tiktok President Joe Biden The Senate Matt Turner
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