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TikTok owner gets another week to sell its US business – CNN
TikTok’s deadline to finalize a US buyer has been extended for the second time in less than a month.
(CNN Business)TikTok’s deadline to finalize a US buyer has been extended for the second time in less than a month.
The Trump administration on Wednesday gave the short-form video app’s Chinese owner, ByteDance, until December 4 to conclude a proposed takeover deal by Oracle and Walmart, according to a spokesperson for the Treasury department.
“The Committee on Foreign Investment in the United States (CFIUS) has granted ByteDance a one-week extension…to allow time to review a revised submission…
