TikTok has filed a petition in a US Court of Appeals calling for a review of actions by the Trump administration’s Committee on Foreign Investment in the United States (CFIUS). The reason, according to the company, is that it hasn’t heard from the committee in weeks about an imminent deadline for parent company ByteDance to sell off US assets over national security concerns:
The CFIUS set the deadline of November 12th for TikTok to divest itself of “any tangible or intangible assets or property, wherever located, used to enable or support ByteDance’s operation of the TikTok application in the United States.” TikTok says it applied for a 30-day extension that was allowed for in the CFIUS’ order, but hasn’t received any communication on the matter. It’s not clear what would actually happen if the deadline passed; TikTok was granted a preliminary injunction against it late last month.
I’m going to go out on a limb and say that Trump and his fellow Republicans have bigger issues at the moment which is why they’ve ghosted Tik Tok. Like disputing the election results for example. Besides that possibility, there’s also the fact that the Trump administration has been bad at dealing with the day-to-day operations of government. So I would not be at all surprised if this issue goes away really soon.
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This entry was posted on November 11, 2020 at 11:17 am and is filed under Commentary with tags TikTok. You can follow any responses to this entry through the RSS 2.0 feed.
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TikTok Says the Trump Administration Has Forgotten About Trying To Ban it… And They Would Like To Know Why
TikTok has filed a petition in a US Court of Appeals calling for a review of actions by the Trump administration’s Committee on Foreign Investment in the United States (CFIUS). The reason, according to the company, is that it hasn’t heard from the committee in weeks about an imminent deadline for parent company ByteDance to sell off US assets over national security concerns:
The CFIUS set the deadline of November 12th for TikTok to divest itself of “any tangible or intangible assets or property, wherever located, used to enable or support ByteDance’s operation of the TikTok application in the United States.” TikTok says it applied for a 30-day extension that was allowed for in the CFIUS’ order, but hasn’t received any communication on the matter. It’s not clear what would actually happen if the deadline passed; TikTok was granted a preliminary injunction against it late last month.
I’m going to go out on a limb and say that Trump and his fellow Republicans have bigger issues at the moment which is why they’ve ghosted Tik Tok. Like disputing the election results for example. Besides that possibility, there’s also the fact that the Trump administration has been bad at dealing with the day-to-day operations of government. So I would not be at all surprised if this issue goes away really soon.
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This entry was posted on November 11, 2020 at 11:17 am and is filed under Commentary with tags TikTok. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.