WH Tells TikTok To Sell Chinese Stake Or Face US Ban

March 16, 2023 Biden Administration, Social Media

The Biden administration is threatening a potential ban on TikTok in the United States if the video sharing app’s Chinese owners refuse to sell their stakes in it, a source close to the company told NBC News on Thursday.

The source, however, cautioned that the company did not see the administration’s move as a final order. Talks between TikTok and U.S. government officials have been going on for years.

The administration’s demand, first reported by The Wall Street Journal, signals a significant shift in the U.S. stance toward Beijing-based ByteDance Ltd., which owns the popular app. The White House and the Treasury Department declined to comment.

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The Biden administration has told TikTok that its Chinese owners must sell their stakes for the app to avoid a U.S. ban, in an escalation of its efforts to address national security concerns about the company’s Beijing-headquartered owner ByteDance. https://t.co/j8qx4k6AxW

— The Washington Post (@washingtonpost) March 16, 2023