TikTok asks judge to block Trump Administration's attempt to ban its app, suggesting its forced deal with Oracle and Walmart remains unsettled
Chinese-owned TikTok asked a judge to block the Trump Administration's attempt to ban its app, suggesting the video-sharing app's forced deal with Oracle and Walmart remains unsettled.A more comprehensive ban is scheduled for November, about a week after the presidential election.
The two sides in the TikTok deal appear at odds over the corporate structure of TikTok Global. ByteDance, TikTok’s Chinese parent, said Monday that it will still own 80 percent of the US entity after a financing round. Chinese media have criticised the deal, suggesting that the Chinese government is not happy with the arrangement. The Chinese government complicated deal arrangements in August when it restricted exports of artificial-intelligence tech like that used by TikTok.
In its filing in federal court in the District of Columbia, TikTok said Trump's August 6 executive order is unlawful. So are resulting Commerce Department prohibitions that aim to kick TikTok out of US app stores and, in November, essentially shut it down in the US, it claimed.
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