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Biden set to sign TikTok ban-or-divest bill

Brad Smith e Seana Smith

President Biden is set to sign legislation that could pave the way for a potential ban on TikTok within the United States. The controversial bill will grant ByteDance — the parent company of TikTok — a period of 270 days to secure a new American owner for the platform's operations in the country. Failure to comply may result in a forced ban on TikTok's presence in the US.

Yahoo Finance's Legal Reporter Alexis Keenan provides insight into the legal arguments ByteDance could use to fight the bill.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Angel Smith