News Snapshot:
A bill that would ban TikTok — unless its Chinese parent company, ByteDance, divests its ownership stake — could soon become a U.S. law. TikTok is gearing up a legal fight against the measure if that happens, with plans to challenge it in court on First Amendment grounds. “At the stage that the bill is signed, we will move to the courts for a legal challenge,” Michael Beckerman, TikTok’s head of public policy for the Americas, wrote in a memo to the company’s staff over the weekend. Beckerman’s message to employees came in the wake of the U.S. House of...