TikTok asks court to block US sale amid silence from Trump admin - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

TikTok is asking a court to block the Trump administration from forcing a sale to US investors because the White House seems to have ghosted it

for TikTok to reach a deal with Oracle and "divest any tangible or intangible assets or property, wherever located, used to enable or support ByteDance's operation of the TikTok application in the United States."

"For a year, TikTok has actively engaged with CFIUS in good faith to address its national security concerns, even as we disagree with its assessment," TikTok said in a. "In the nearly two months since the President gave his preliminary approval to our proposal to satisfy those concerns, we have offered detailed solutions to finalize that agreement – but have received no substantive feedback on our extensive data privacy and security framework.

President Donald Trump has tried to ban TikTok from the US over alleged national security concerns since the parent company ByteDance is based in China. The Commerce Department also said in September that its restrictions on TikTok could be lifted if the company reaches a deal that allays the Trump administration's national-security concern. Many companies like Microsoft, Oracle, and Walmart then raced to finalize a deal with TikTok.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How can a country that is a world reference in freedom censor its president through the press and social media. It is a scary thing and it increasingly reinforces the hypothesis that the Democratic government will strengthen dictatorships around the world.

Of course they did. Because it was never about security, it was about how kids used the app to troll the hell out of his campaign manager and embarrass them in Tulsa. Narcissists don’t do embarrassment, so someone had to pay.

this is terrible news

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump administration won't enforce TikTok ban following court order - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Trump was never gonna ban TikTok, and everybody knew it. Good grief.
Source: BusinessInsider - 🏆 729. / 51 Read more »

TikTok granted two more weeks to reach a deal for US businessTikTok has been granted a two-week extension to persuade US officials that its proposed deal with Oracle and Walmart should be approved good Neither Trump or Biden has to concede. This thing could go to SCOTUS and still neither has to concede. It's only happened twice in our nation's history (1800 and1824), but this could end up in the lap of congress where GOP has a 26-23 advantage. Just throwing that out there. SubToOptimus make a video on this
Source: CNN - 🏆 4. / 95 Read more »

TikTok owner gets another week to sell its US businessThe 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. CNN hasn't put out a true story for 4+ years. I'm always able to challenge my opinion, send me a link with a CNN story I can't disprove. I don't know why Trump dislike china I found President Trump tiktok account
Source: CNN - 🏆 4. / 95 Read more »

TikTok blasted by US, UK lawmakers over personal data - Business InsiderTikTok gets blasted by lawmakers for quietly sending job applicants' personal data to China: 'This undermines every statement they've made', by stokel techinsider stokel LIES! Where does facebook store its data? stokel You mean transmitting the information of people who willingly provided it while applying for a job to their corporate headquarters? C'mon, BusinessInsider, as far as sensationalism goes, this is just lazy.
Source: BusinessInsider - 🏆 729. / 51 Read more »