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"Divestment doesn't address the problem if preserving national security is the goal,” Problem: According to Maureen Shanahan, a spokeswoman for TikTok, a change in ownership would not impose any additional limitations on data flows or access. Shou Zi Chew, the CEO of TikTok, is slated to appear before the House Energy and Commerce Committee the following week. He is likely to be questioned about the app's connections to China and worries that it exposes children to hazardous information. Both a spokeswoman for the Treasury Department, which has been in charge of the negotiations with TikTok, and a spokesman for the White House declined to comment. Also declining to comment was the Justice Department. The Wall Street Journal previously reported on the demand for a sale. the Biden administration and the Chinese government regarding national security, economic and technological leadership. With massive financial schemes to boost home stores was ultimately rejected by federal judges. Moreover, the American Civil Liberties Union recently opposed legislation that would have outlawed the app, claiming that it violated the First Amendment.

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The request strengthens the White House's position on the well-liked video app, which is run by the Chinese internet giant ByteDance. As the White House strengthens its position toward resolving national security concerns about the well-known video service, TikTok claimed on Wednesday that the Obama administration wants the Chinese ownership of the business to sell the platform or face a potential ban.

In the end, it looked that the Trump administration had reached an agreement with ByteDance to sell a portion of TikTok to Oracle. Walmart and a cloud computing startup. But the planned deal was never completed.

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Staff from CFIUS and TikTok kept negotiating a settlement that would let the app run in the United States. In August, TikTok turned in a substantial draft of the contract, which it has dubbed Project Texas. According to the proposal, the business would keep user data from Americans on Oracle-operated servers located domestically. Since submitting their request, TikTok management claim they have not heard back from CFIUS representatives.

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