The Trump administration is expected to order ByteDance to sell its stake in TikTok’s U.S. operations, a move that strengthens the hand of U.S. investors who are considering a bid for the company, Bloomberg reported. The order is the result of a year-long review by the Committee on Foreign Investment in the United States (CFIUS), which decided that TikTok’s ties to Beijing-based Bytedance was a...
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Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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