U.S. Senate Poised to Pass TikTok Ban Bill, Biden Expected to Sign

The bill requires ByteDance to sell TikTok or face a U.S. ban, with legal challenges anticipated.

The U.S. Senate is set to vote on a TikTok ban bill that could lead to a ban if ByteDance doesn't divest.
President Biden has indicated he will sign the bill, which includes a 270-day divestment period for ByteDance.
ByteDance plans to challenge the bill in court, potentially delaying any immediate effects of a ban.
Potential buyers for TikTok include former Treasury Secretary Steven Mnuchin and 'Shark Tank' star Kevin O'Leary.
The bill was fast-tracked as part of a larger $95 billion aid package, linking it to aid for Ukraine and Israel.