After the typically slow-moving Congress greased the wheels of the TikTok bill, President Joe Biden signed it into law Wednesday morning, capping a series of events that could see the social video app kicked out of the U.S.
The app developer now has nine months to strike a deal with new owners and separate from its Chinese parent company, ByteDance. President Biden could allow three more months, if he sees progress.
TikTok plans to challenge the new law on a free-speech basis, stating it would 'trample' the rights of the platform's American user base, including 170 million people, 7 million businesses, and $24 billion to the U.S. economy.
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