US extends deadline for TikTok sale to Nov 27
The Trump administration has threatened to ban TikTok unless it is sold to American investors.
WASHINGTON (AFP) - US authorities have given the Chinese owner of TikTok two additional weeks to divest the social media sensation in order to resolve national security concerns voiced by President Donald Trump s administration.
A notice filed by TikTok owner ByteDance in federal court showed that authorities had extended the deadline originally set for November 12 to November 27.
The Trump administration, which has claimed that the popular video-sharing app could be used for Chinese espionage, has threatened to ban TikTok unless it is sold to American investors. But the ban has been challenged in the courts.
The latest filing said the deadline set by the Committee on Foreign Investment in the United States, which reviews corporate deals for national security implications, had been extended.
