The Biden Administration warned TikTok that it faces a ban in the U.S. if its Chinese parent company, ByteDance, does not sell its stake.
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TikTok's U.S. future in limbo
The Biden Administration warned TikTok — one of the most popular apps in the country — could face a ban if it doesn't sell its U.S. stake. Banning it would have an immediate impact on millions of everyday Americans, and would mark a significant escalation of tensions between China and the U.S.
Photo: images.axios.com
TikTok CEO Shou Zi Chew insisted that forcing the app's Chinese parent company, Bytedance, to sell it would not address the national security concerns.
