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Sell TikTok Share Or Face Ban -- US Tells China-based Company

 

The White House last week welcomed a bill that would allow President Joe Biden to ban TikTok, US National Security Advisor Jake Sullivan said in a statement.

Western powers, including the European Union and the United States, have been taking an increasingly tough approach to the app, citing fears user data could be used or abused by Chinese officials.

The US government has told China-based ByteDance to sell its shares in the blockbuster TikTok app or face a national ban, the Wall Street Journal reported on Wednesday.

The concern here ramped up earlier this year after a Chinese spy balloon was shot down in US airspace.

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 According to the Journal report, the ultimatum to TikTok came from the US agency charged with assessing risks foreign investments represent to national security.

US officials as well as TikTok declined to comment on the report.

Time spent by users on TikTok has surpassed that spent on YouTube, Facebook, Instagram or Twitter and is closing in on streaming television titan Netflix, according to market tracker Insider Intelligence.

 

 

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