Breaking: The U.S. demanded that TikTok's Chinese owners sell their stakes in the company or face a possible ban of the app in the U.S.
TikTok says forced sale won’t resolve national security issues; its CEO set to appear before Congress next week
TikTok, which has an office in Culver City, Calif., says its $1.5 billion security plan would essentially wall off its U.S. operations, with all data being stored in the U.S.WASHINGTON—The Biden administration is demanding that TikTok’s Chinese owners sell their stakes in the video-sharing app or faceThe move represents a major shift in policy on the part of the administration, which has been
who say it hasn’t taken a tough enough stance to address the perceived security threat from TikTok, owned by Beijing-based ByteDance Ltd.
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