US Senate approves TikTok divestment, part of foreign aid package

The Straits Times April 24, 2024, 05:00 AM UTC

Summary: The US Senate approved legislation on April 23 requiring TikTok to be divested from ByteDance or face exclusion from the American market. The Bill, part of a US$95 billion foreign aid package, passed with a 79-18 vote. TikTok has 170 million US users and contributes US$24 billion annually to the economy. President Biden plans to sign the legislation amid concerns over data privacy and propaganda.

Full article

Article metrics
Significance5.6
Scale8.0
Magnitude7.0
Potential7.5
Novelty6.0
Actionability4.0
Immediacy9.0
Positivity4.5
Credibility9.0

Timeline:

  1. [5.6]
    TikTok faces legal challenges over US ban law (The Verge)
    20d

  2. [3.4]
    Billionaires compete to buy TikTok after Biden's ban (Daily Mail)
    20d
    Source
  3. [4.5]
    ByteDance denies TikTok sale amid US national security concerns (RTE.ie)
    23d
    Source
  4. [5.6]
    ByteDance may shut down TikTok over US ban (The Guardian)
    23d

  5. [5.7]
    Legislation requires TikTok's parent company to sell or face ban (The Associated Press)
    24d

  6. [5.0]
    Biden signs bill requiring ByteDance to sell TikTok (The Conversation)
    24d
    Source
  7. [4.3]
    American tycoons eye TikTok purchase amid regulatory challenges (New York Post )
    24d
    Source
  8. [4.6]
    Biden signs bill banning TikTok unless sold by Jan (ABC News)
    24d
    Source
  9. [4.3]
    Biden's TikTok use criticized amid potential ban backlash (The Associated Press)
    24d
    Source
  10. [4.2]
    Senate passes bill banning TikTok, ByteDance must sell app (IGN)
    25d
    Source
  11. [4.0]
    Biden to sign bill requiring TikTok sale over security concerns (The Guardian)
    25d
    Source
  12. [4.0]
    House advances bill to potentially ban TikTok, prompting concerns (The Washington Post)
    25d
    Source
  13. [4.6]
    Senate and House pass bill to ban TikTok sale (The Guardian)
    25d
    Source
  14. [4.5]
    US app stores may ban TikTok in 270 days (Financial Times)
    25d
    Source
  15. [3.8]
    US Senate approves Bill for TikTok sale by ByteDance (Mint)
    25d
    Source
  16. [5.8]
    Senate passes bill mandating TikTok sale over security concerns (The New York Times)
    25d

  17. [5.7]
    Legislation passed to ban or sell TikTok for security (The Washington Post)
    25d

  18. [4.9]
    FBI chief raises security concerns over TikTok's Chinese ownership (The Straits Times)
    25d
    Source
  19. [3.8]
    Potential TikTok ban in U.S. could benefit Meta Platforms (CNBC)
    26d
    Source
  20. [4.3]
    US House votes to divest or ban TikTok, Senate next (Mint)
    28d
    Source
  21. [4.9]
    US House passes bill targeting TikTok ownership, faces Senate (ABC News)
    28d
    Source
  22. [4.5]
    House advances bill to force TikTok sale or ban (The Washington Post)
    28d
    Source
  23. [4.0]
    US House approves bill for potential TikTok ban (Business Insider)
    28d
    Source
  24. [4.0]
    House votes to extend ByteDance divestment period for TikTok (The Guardian)
    28d
    Source
  25. [3.6]
    US bill to force TikTok divestment from ByteDance advances (The Verge)
    31d
    Source
  26. [4.8]
    House bill pushes TikTok sale or US ban, aids allies (The New York Times)
    31d
    Source