Biden Administration Demands Sale Of TikTok To Avoid U.S. Ban

The Biden administration is continuing its battle to remove the popular video app, TikTok, from Beijing-based owner ByteDance. The U.S. Treasury-led Committee on Foreign Investment in the U.S. (CFIUS) has issued an ultimatum to the company: sell your stakes in the app or it will be banned in the U.S.

The demand follows years of federal scrutiny over data safety for U.S. users. Concerns have been raised that the Chinese government could have access to this data if the app remains in its current form. President Trump attempted to enact a ban on TikTok but was halted by federal courts. Now, the Biden administration is taking aggressive action.

TikTok has “committed to spend $1.5 billion on a plan known as 'Project Texas'” which would enact a stronger firewall between the app

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