The CEO of the popular short video app has said a newly signed US law calling for the company to find new ownership amounts to a “ban” and promised to fight the legislation in court.
TikTok’s Chinese owner ByteDance has 9 months to divest in the app or it will be banned
TikTok CEO Shou Zi Chew said the social media company would put up a legal fight in court against a US law calling for its divestment from Chinese ownership.
“Make no mistake, this is a ban. A ban on TikTok and a ban on you and your voice,” Shou said in a video posted on the app shortly after the bill was signed into law by US President Joe Biden on Wednesday.
The newly signed law gives Chinese owner ByteDance nine months to sell the app, with a potential three-month extension if a sale was underway.
“Rest assured, we aren’t going anywhere,” Shou said in the video.
More to come…
wmr/wd (AFP, AP)
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