60% of ByteDance is owned by global investors, most of which are based in the US. 20% is owned by the original co-founders, none of whom have any ties to the CCP, and the remaining 20% is owned by employees, almost all of which are in California. The overwhelming majority of the company is already owned by Americans. This entire thing is all about trying to silence a source of information that challenges and refutes government interests, particularly where Palestine is concerned.
Then why is the bill about DIVESTMENT of Tiktok from Chinese ownership? The operation headquarters are in Los Angeles and Singapore. I’m beginning to think you don’t know what you’re talking about.