By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

GadgetBond

  • Latest
  • How-to
  • Tech
    • AI
    • Amazon
    • Apple
    • CES
    • Computing
    • Creators
    • Google
    • Meta
    • Microsoft
    • Mobile
    • Samsung
    • Security
    • Xbox
  • Transportation
    • Audi
    • BMW
    • Cadillac
    • E-Bike
    • Ferrari
    • Ford
    • Honda Prelude
    • Lamborghini
    • McLaren W1
    • Mercedes
    • Porsche
    • Rivian
    • Tesla
  • Culture
    • Apple TV
    • Disney
    • Gaming
    • Hulu
    • Marvel
    • HBO Max
    • Netflix
    • Paramount
    • SHOWTIME
    • Star Wars
    • Streaming
Add GadgetBond as a preferred source to see more of our stories on Google.
Font ResizerAa
GadgetBondGadgetBond
  • Latest
  • Tech
  • AI
  • Deals
  • How-to
  • Apps
  • Mobile
  • Gaming
  • Streaming
  • Transportation
Search
  • Latest
  • Deals
  • How-to
  • Tech
    • Amazon
    • Apple
    • CES
    • Computing
    • Creators
    • Google
    • Meta
    • Microsoft
    • Mobile
    • Samsung
    • Security
    • Xbox
  • AI
    • Anthropic
    • ChatGPT
    • ChatGPT Atlas
    • Gemini AI (formerly Bard)
    • Google DeepMind
    • Grok AI
    • Meta AI
    • Microsoft Copilot
    • OpenAI
    • Perplexity
    • xAI
  • Transportation
    • Audi
    • BMW
    • Cadillac
    • E-Bike
    • Ferrari
    • Ford
    • Honda Prelude
    • Lamborghini
    • McLaren W1
    • Mercedes
    • Porsche
    • Rivian
    • Tesla
  • Culture
    • Apple TV
    • Disney
    • Gaming
    • Hulu
    • Marvel
    • HBO Max
    • Netflix
    • Paramount
    • SHOWTIME
    • Star Wars
    • Streaming
Follow US
AppsCreatorsTechTikTok

Countdown begins for TikTok’s future after Biden signs divestment law

The new law sets a 9-month deadline for ByteDance to negotiate a deal to sell TikTok, with Biden having option to extend 3 more months if progress is made.

By
Shubham Sawarkar
Shubham Sawarkar's avatar
ByShubham Sawarkar
Editor-in-Chief
I’m a tech enthusiast who loves exploring gadgets, trends, and innovations. With certifications in CISCO Routing & Switching and Windows Server Administration, I bring a sharp...
Follow:
- Editor-in-Chief
Apr 25, 2024, 6:42 AM EDT
Share
We may get a commission from retail offers. Learn more
United States President Joe Biden makes remarks after signing the $95 billion National Security Package that includes military aid to Ukraine and Israel and provides funding for humanitarian aid to Gaza in the State Dining Room of the White House in Washington, DC on Wednesday, April 24, 2024. The bill contains provisions that would ban TikTok in the US if its owner, the Chinese tech firm ByteDance, fails to divest and also to provide assistance to American Indo-Pacific partners.
Photo: Alamy
SHARE

President Joe Biden has taken a significant step by signing a foreign aid package that includes a bill targeting TikTok, the popular social media platform owned by China-based company ByteDance. This bill, known as the divest-or-ban legislation, has now become law, setting a deadline for ByteDance to divest its ownership of TikTok within a year.

Initially facing potential delays in the Senate after passing in the House as a standalone bill, the TikTok legislation gained momentum through strategic political moves. By combining the bill with foreign aid provisions for US allies, the House effectively compelled the Senate to address both issues together. The extended divestment timeline of nine months, with a possible three-month extension at the president’s discretion, garnered support from previously undecided lawmakers.

In response to the new law, TikTok spokesperson Alex Haurek announced the company’s intention to challenge it in court. Legal proceedings could potentially prolong the divestment process if enforcement is delayed pending a resolution. Additionally, uncertainties loom over China’s reaction and whether ByteDance will be allowed to sell TikTok, including its valuable algorithm that drives user engagement.

Despite the looming divestment deadline, TikTok remains committed to providing a safe and engaging platform for its diverse user base. CEO Shou Chew emphasized the significance of TikTok as a space for expression and connection, pushing back against claims that seek to sever its ties to Chinese ownership. The company vows to continue investing in innovation to uphold TikTok as a place where individuals can share, connect, and be inspired.

The signing of the TikTok ‘ban’ bill into law marks a pivotal moment in the platform’s future, prompting ByteDance to navigate a complex divestment process while striving to maintain TikTok’s appeal and functionality for its global community.


Discover more from GadgetBond

Subscribe to get the latest posts sent to your email.

Most Popular

Anthropic’s SpaceX compute deal supercharges Claude usage limits

Claude agents can now “dream” their way to better performance

OpenAI’s rumored ChatGPT phone targets 2027 launch window

Perplexity health search gets a major upgrade with Premium Sources

Google Chrome’s enhanced autofill completely changes how you fill out tedious online forms

Also Read
SpaceX Founder and CEO Elon Musk speaks to press in front of the Crew Dragon capsule that is being prepared for the Demo-2 mission at SpaceX Headquarters October 10, 2019 in Hawthorne, California.

Anthropic was “evil” in February, now it runs on Musk’s Colossus 1 GPUs

Anthropic logo displayed as bold black uppercase text on a light beige background.

Anthropic’s SpaceX AI deal collides with data center backlash

Minimal graphic with the text “ChatGPT Futures” in black on a light purple background, with the word “Futures” highlighted by a hand-drawn yellow circle.

OpenAI unveils ChatGPT Futures Class of 2026

Perplexity illustration. Abstract illustration of a transparent glass cube refracting beams of light into rainbow-like streaks across a dark, textured surface, symbolizing clarity, synthesis, and the convergence of multiple perspectives.

Perplexity Agent API now ships with Finance Search for structured financial insight

Apple showing off Siri’s updated logo at WWDC 2024.

Apple faces $250 million payout after overselling AI Siri on iPhone 16

Minimal promotional graphic featuring the text “GPT-5.5 Instant” centered inside a rounded white rectangle, set against a soft abstract background with blurred pastel gradients in pink, purple, orange, and blue tones.

GPT-5.5 Instant replaces GPT-5.3 as OpenAI’s everyday ChatGPT model

Promotional interface mockup for Perplexity Computer focused on professional finance workflows, showing an “NVDA Post Earnings Impact Memo” with financial tables, charts, and analysis sections alongside a task panel requesting an AI-generated NVIDIA earnings summary with market insights and semiconductor industry implications.

Perplexity launches Computer for Professional Finance

Google Docs interface with a blank “Untitled document” open, showing the Gemini side panel on the right. The panel displays a saved instruction reading “Use a concise and professional tone for all my documents,” along with confirmation text and an “Ask Gemini” input area labeled Beta.

Google Docs now lets you set custom instructions for Gemini

Company Info
  • Homepage
  • Support my work
  • Latest stories
  • Company updates
  • GDB Recommends
  • Daily newsletters
  • About us
  • Contact us
  • Write for us
  • Editorial guidelines
Legal
  • Privacy Policy
  • Cookies Policy
  • Terms & Conditions
  • DMCA
  • Disclaimer
  • Accessibility Policy
  • Security Policy
  • Do Not Sell or Share My Personal Information
Socials
Follow US

Disclosure: We love the products we feature and hope you’ll love them too. If you purchase through a link on our site, we may receive compensation at no additional cost to you. Read our ethics statement. Please note that pricing and availability are subject to change.

Copyright © 2026 GadgetBond. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | Do Not Sell/Share My Personal Information.