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TikTok has filed a petition in a United States court of appeals requesting a review of the actions by the Trump administration’s Committee on Foreign Investments in the United States (CFUIS). The reason, according to the company, is that it hasn’t heard from the committee in weeks about an impending deadline for parent company ByteDance to sell US assets on national security grounds.
The CFIUS has set a deadline of November 12 for TikTok to divest itself of “any tangible or intangible asset or property, wherever located, used to enable or support the operation of ByteDance from the TikTok app in the United States. . ” TikTok says it has requested a 30-day extension authorized in the CFIUS order, but has not received any communication about it. It is not known what would actually happen if the deadline was passed; TikTok obtained a preliminary injunction against him late last month.
“For a year, TikTok has actively engaged with CFIUS in good faith to address its national security concerns, although we do not agree with its assessment,” TikTok said in a statement to The edge. “In the nearly two months since the President gave preliminary approval to our proposal to address these concerns, we have offered detailed solutions to finalize this deal – but we have not received any substantive feedback on our extensive data privacy and security framework.
“Facing continual new demands and not knowing clearly whether our proposed solutions would be accepted, we requested the 30-day extension which is expressly authorized in the order of August 14,” the statement continued. “Today, with the November 12 deadline for CFIUS looming and with no extension in hand, we have no choice but to file a petition in court to defend our rights and those of our more than 1,500. employees in the United States. We remain committed to working with the Administration – as we always have – to resolve the issues it has raised, but our legal challenge today is a safeguard to ensure that these discussions can take place. “
ByteDance has agreed to sell part of its business in the United States as part of a complex deal including Oracle and Walmart, which President Trump approved in September. But the deal was never sanctioned by the Chinese government and it has remained in limbo ever since.
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