TikTok ban explained — everything you need to know

www.tomsguide.com – 2023-03-20 22:46:55 – Source link

TikTok is all over the news lately, and that’s bad news for ByteDance, the Chinese company that owns the popular social media app. 

According to The New York Times (opens in new tab) and others, the Biden administration is considering a full ban of the app — unless ByteDance is willing to sell its stake. This effort is being driven by the recommendation of The Committee on Foreign Investment in the U.S. (CFIUS), which is a federal task force that oversees cross-border investments and their possible national security risks.

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