The Protecting Americans from Foreign Adversary Controlled Applications Act waspassedby Congress last month.
President Biden gave hisblessingto the bill a few days after it was passed by Congress.
A TikTok ban could have a huge impact on US companies beyond the domestic implications.

“Pick an American icon company that builds things in China,” Payton told The Reg.
“They could say ‘you’re no longer allowed to do business here and you oughta divest.'”
Last month saw Apple co-founder Steve Wozniak say in an interview thathe doesn’t understandthe proposed TikTok ban.