Finding a Buyer for TikTok May Not Be So Easy
Posted inAntitrust Laws and Competition Issues Biden, Joseph R Jr China Committee on Foreign Investment in the United States (CFIUS) Computers and the Internet Federal Trade Commission Justice Department Mergers, Acquisitions and Divestitures National Security Council Oracle Corporation Social Media TikTok (ByteDance) Trump, Donald J United States United States Politics and Government

Finding a Buyer for TikTok May Not Be So Easy

The Biden administration is pushing TikTok’s Chinese owners to sell the app or face a possible ban. But there are many complications to finding a suitor.
TikTok Pushed by U.S. to Resolve National Security Concerns
Posted inBeijing Bytedance Technology Co Ltd Biden, Joseph R Jr Committee on Foreign Investment in the United States (CFIUS) Computers and the Internet Foreign Investments Mergers, Acquisitions and Divestitures Mobile Applications Social Media TikTok (ByteDance) United States Politics and Government

TikTok Pushed by U.S. to Resolve National Security Concerns

The demand hardens the White House’s stance toward the popular video app, which is owned by the Chinese internet company ByteDance.
White House Said to Consider Pushing Congress on Dealing With TikTok
Posted inBeijing Bytedance Technology Co Ltd Committee on Foreign Investment in the United States (CFIUS) Computers and the Internet Mobile Applications Social Media TikTok (ByteDance) United States Politics and Government

White House Said to Consider Pushing Congress on Dealing With TikTok

In a strategy shift, the Biden administration is increasingly pointing to Congress to give it more legal power to deal with TikTok and other technology that could expose Americans’ sensitive data to China.
Air Force Says Proposed Chinese-Owned Mill in North Dakota Is ‘Significant Threat’
Posted inBurgum, Douglas China Committee on Foreign Investment in the United States (CFIUS) Corn Economic Conditions and Trends Fufeng USA Inc Grand Forks (ND) Hoeven, John Republican Party United States Air Force United States Defense and Military Forces

Air Force Says Proposed Chinese-Owned Mill in North Dakota Is ‘Significant Threat’

A proposal for a corn mill, which had been welcomed as an economic development success, reflects just how much things have changed with Chinese investment proposals in the U.S.