Per the Wall Street Journal via SocialMediaToday.com, "A U.S. plan to force the sale of TikTok’s American operations to a group including Oracle and Walmart has been shelved indefinitely, people familiar with the situation said, as President (Joe) Biden undertakes a broad review of his predecessor’s efforts to address potential security risks from Chinese tech companies."
The app's future in the U.S. became cloudy when "Former U.S. President Donald Trump issued an executive order last August which outlined separate bans on the operations of Chinese-owned social apps TikTok and WeChat within the U.S."
The reason given according to the report was data safety concerns.
Read the full article here.
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