The Biden administration has indefinitely shelved a plan to require TikTok, the overseas version of Chinese short-video App “ShakeYin,” to sell its business in the United States, the Wall Street Journal disclosed Wednesday, citing unnamed sources.
The plan was based on an executive order issued by former U.S. President Donald Trump last year. The U.S. executive branch is concerned that the popular short-form video app, owned by Beijing-based technology company ByteTok, is collecting user information on a large scale, which could harm U.S. national security. Trump had asked TikTok to sell its business in the U.S. by a deadline or be shut down, and TikTok subsequently held takeover talks with U.S. software company Oracle and retail giant Walmart, but so far no results.
The Wall Street Journal revealed that the new U.S. government is reviewing TikTok’s involvement in information security and The prevention of large-scale collection of U.S. user information by the Chinese government, but in the meantime, there is no immediate action to require the company to sell its U.S. operations.
No U.S. government officials or companies involved have confirmed the news as of yet, AFP reported. But Trump’s deadline order for TikTok to sell its business in the U.S. is also currently in limbo due to court judicial proceedings and other issues.
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