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The Biden administration is demanding that Chinese-owned TikTok be sold, or the popular video app could face a ban in the U.S., according to a TikTok spokesperson.
It is unclear whether federal officials have given TikTok a deadline to find a buyer. Regardless, it is a major escalation by White House officials who have grown increasingly concerned about the safety of Americans’ data on the app used by more than 100 million Americans.
The demand from U.S. officials will almost certainly be met with a legal challenge from TikTok.
The company is « disappointed in the outcome, » said the TikTok spokesperson.
For two years, the Committee on Foreign Investment in the U.S., or CFIUS, has been examining whether U.S. data is properly safeguarded.
In response, TikTok has committed to spend $1.
