The company has until December 4 to finalize a deal with a U.S. company or TikTok may face a ban in the country.
ByteDance’s deadline to divest TikTok’s U.S. operation has been extended for a second time, giving the company until December 4 to finalize a deal with a U.S. company to avoid a ban of the popular video-sharing app, CNN reported. Earlier this month, ByteDance had asked a federal appeals court to vacate the Trump administration’s order asking it to divest its U.S. business. In its filing the company had sought a review of the divestment order, claiming the order and the government’s assertion that TikTok is a national security threat were both unlawful and violated the company’s rights under the U.S. Constitution. The appeals court granted ByteDance time till December 14 to submit documents as part of its case against the U.S. government. Separately, the company had also asked for a 30-day extension to its November 12 deadline, something it was legally allowed to seek, but claimed that it hadn’t managed to have a “meaningful dialogue” with the CFIUS in the weeks leading up to the deadline.
