By Kendra Barnett

For real, though.

The clock is officially ticking. President Biden signed a law into effect Wednesday that will force ByteDance, the Chinese parent company of TikTok, to divest the popular video-sharing app within a year, or face a nationwide ban in the US.

ByteDance has been given nine months to find a buyer, with a possible extension period of three months.

The bill is part of a larger foreign policy package that includes $95bn in aid for Israel, Ukraine and Taiwan. It was passed by the Senate in a 79-18 vote Tuesday in a rare showing of bipartisan support.

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Source: The Drum