Even though the U.S. government is working on legislation that would ban TikTok in the country , there is no denying that the app is a huge success in the states. U.S. revenue totaled $16 billion last year and with strong results like that, if ByteDance does decide to sell its stake in TikTok, it could ask for and receive a larger sum than it originally expected.
. The bill is targeted at TikTok, but could also impact other apps that collect user profiles from U.S. users and are"controlled by a foreign adversary." This means that such apps cannot be"subject to the direction or control" of someone in Russia, China, North Korea, or Iran.
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