US demands ByteDance to sell TikTok stakes or face ban

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US demands ByteDance to sell TikTok stakes or face ban
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The move is the latest and most dramatic in a series of steps taken recently, due to growing fears over the Chinese app being a national security threat.

The Biden Administration has demanded TikTok's parent company, Beijing-based ByteDance Ltd, to either sell their stakes or face a possible U.S. ban, reported theThe move is the latest and most dramatic in a series of steps taken recently, due to growing fears over security data. U.S. officials and legislators have raised concerns about the Chinese app being a national security threat, and with more than 100 million U.S.

"If protecting national security is the objective, divestment doesn't solve the problem: a change in ownership would not impose any new restrictions on data flows or access," TikTok spokesperson Brooke Oberwetter toldEven at a regional level, the U.S. state of Montana recently passed a senate bill to ban the app.

TikTok is already banned in India, over geopolitical issues, where the video app had about 190 million users, the highest at the time in the world. It has now been surpassed by the U.S. with over 100 million active users. It should be noted that TikTok in China is known by another name - Douyin - which has over 670 million users.

There’s been a spate of global pressure on TikTok from countries like Canada, Australia, Taiwan, and the European Union, which have banned their federal employees from using the app. The most recent to join this list is

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