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TikTok threatened with US ban if Chinese owners don’t sell stakes

Por: New York Post Business March 16, 2023

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The Biden administration has reportedly threatened to ban the use of TikTok in the US unless the popular video sharing app’s China-based owners sell their stakes. Officials from the Committee on Foreign Investment — an interagency task force that assesses potential national security risks in business deals — recently made the demand to executives at TikTok owner ByteDance, reported late Wednesday. The ultimatum marks a major escalation in... + full article



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