TikTok owner gets another week to sell its US business

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The Trump administration gave the short-form video app's Chinese owner, ByteDance, until December 4 to conclude a proposed takeover deal by Oracle and Walmart, according to a spokesperson for the Treasury department.

The Trump administration on Wednesday gave the short-form video app's Chinese owner, ByteDance, until December 4 to conclude a proposed takeover deal by Oracle and Walmart, according to a spokesperson for the Treasury department. "The Committee on Foreign Investment in the United States has granted ByteDance a one-week extension...to allow time to review a revised submission that the Committee recently received," the spokesperson said.

Trump has labeled TikTok a danger to national security — a claim the company has denied and cybersecurity experts doubt — he issued another executive order in August that would have made it illegal to have any business dealings with the company. The US Commerce Department tried to enforce that order by attempting to ban downloads of the app in September. The agency also said that by mid-November, internet companies would be banned from carrying TikTok's traffic.

 

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一帮二逼

Let trump be trump and leave him alone. If the man doesn't want to go so what.

Give Walmart your information or we going to shut you down lol 😆😂... They do that all America going to be Walmart programmed freakz lol 😆 Noooo don't do it be cool get shutdown enjoy your run & go out like a G! Don't pull a Mark Zuckerberg & totally sell out!!

Ifb 🙏

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