US threatens TikTok ban unless Chinese owners sell stakes!

by Jaano India

The Biden administration has threatened to ban TikTok in the US unless its China-based owners sell their stakes.

The Committee on Foreign Investment demanded TikTok's executives to comply with the ultimatum.

TikTok has faced bipartisan criticism over national security risks due to concerns that the Chinese government could access American user data.

TikTok fired back, arguing that a sale would not address Congress' concerns about national security risks.

On March 23, TikTok CEO Shou Zi Chew will testify in front of Congress for the first time regarding data security practices, consumer privacy, and the app's ties to the Chinese Communist Party.

Biden administration closer in line with the stance of former President Donald Trump, who pursued a TikTok ban in 2020.

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