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ByteDance, CFIUS Reportedly Resume Negotiations

By
Erin Woo
· · Source: The Washington Post

TikTok’s parent company, ByteDance, has resumed negotiations with the Biden Administration, months after those negotiations fell apart amid demands from the Committee on Foreign Investment in the United States that ByteDance sell TikTok, The Washington Post reported on Friday. The new talks center on the progress the company has made to implement Project Texas, TikTok’s plan intended to...

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