The heads of the country's major intelligence agencies have raised concerns about the popular social media app TikTok, prompting the House to consider a vote aimed at removing it from Chinese control. The bill, which is expected to receive bipartisan support, would give TikTok six months to sever ties with its Chinese owner, ByteDance, or face a nationwide ban.
Many House Republicans support the bill, while former President Trump has expressed opposition, citing worries that a ban could strengthen Facebook's dominance in the social media landscape. Members of the House recently received a classified briefing from officials of various intelligence agencies to address any lingering questions or concerns.
If the bill successfully passes through the House, it may encounter obstacles in the Senate. TikTok's CEO, Show Chew, is actively engaging with Senate offices in an attempt to thwart the bill. Senator Chris Coons has downplayed the urgency of passing the legislation, emphasizing other pressing national security issues.
Meanwhile, there is speculation in the market about a potential sale of TikTok. Rumble, among other companies, has expressed interest in collaborating to acquire TikTok's operations.
