What happens now that Biden has signed the TikTok bill
Briefly

TikTok's critics argue the app may jeopardize U.S. data due to Chinese law mandating information sharing. TikTok claims to secure U.S. data autonomously through Oracle's firewall.
New law allows ByteDance a year to sell U.S. TikTok. Deadline: 9 months, extendable by Biden. Failure results in U.S. app store ban.
ByteDance may struggle to sell TikTok amid China's resistance. TikTok CEO plans to challenge the law citing First Amendment rights.
Read at Axios
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