Tech
U.S. Government Tells ByteDance to Either Sell TikTok or Prepare for Ban
10 days ago | By Hypebeast
Tensions between the Biden administration and China's ByteDance have hit a turning point following an official order from the Committee on Foreign Investment in the U.S.. The U.S. has been debating whether to ban TikTok for some time now, initially requiring just politicians to delete the app from their work phones. Now, the CFIUS has demanded that ByteDance sells its stakes in the app if it wants to avoid a ban in the U.S., The Wall Street Journal reported. The committee is dedicated to overseeing potential national security risks regarding investments abroad, meaning that it's determined...
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