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President Biden has signed the bill to force a sale of the video app or ban it. Now the law faces court challenges, a shortage of qualified buyers and Beijing’s hostility.

Court records, mistakenly made public, tell a story about the birth of ByteDance, its bumpy road to success and the role of the Republican megadonor Jeff Yass’s firm.

The legislation received wide bipartisan support, with both Republicans and Democrats showing an eagerness to appear tough on China.