TikTok Mulls Splitting From ByteDance If Proposal With US Fails
CFIUS has stalled in its process, leaving TikTok unsure of whether its plans will be sufficient to continue operating in the country, according to the report. Members of CFIUS from the Justice Department have been unwilling to accept TikTok’s proposal, it added. CFIUS, a powerful national security body, had in 2020 unanimously recommended that ByteDance divest TikTok because of fears that user data could be passed on to China’s government.
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