US extends deadline for TikTok sale to Nov 27

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 71%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

US authorities have given ByteDance, the Chinese owner of TikTok, two additional weeks to divest the video-sharing app. YahooFinance

A notice filed by TikTok owner ByteDance in federal court showed that authorities had extended the deadline originally set for November 12 to November 27.

A statement from the US Treasury said the extension "will provide the parties and the Committee additional time to resolve this case in a manner that complies with the order" signed in August by Trump for ByteDance to reverse its acquisition of TikTok forerunner Musical.ly. It was not until this week that US officials said they would not seek to enforce it, and the government at the same time said it was appealing the Pennsylvania order.

China's commerce ministry published new rules in August that added "civilian use" to a list of the types of technology that are restricted for export, which could make it more difficult for ByteDance to sell TikTok, which features clips of everything from dance routines to politics.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

pervert joe biden lies , cheats ...& hypocrites !!!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TODAYOnline (@todayonline) Official TikTok | Watch TODAYOnline's Newest TikTok VideosTODAYOnline (todayonline) on TikTok | 115K Likes. 16.6K Fans. Inform your views 🇸🇬 Watch the latest video from TODAYOnline (todayonline).
Source: TODAYonline - 🏆 1. / 99 Read more »

Naturgy to invest up to US$1.8 billion in US after US$57 million acquisitionSpanish power company Naturgy plans to invest up to US$1.8 billion in the United States after making its first push into the U.S. renewable market ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Appeals court holding Dec. 14 hearing on blocked US TikTok new user banA federal appeals court in Washington said on Wednesday it will hold Dec. 14 oral arguments on the government's appeal of an order that blocked a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Exclusive: US not extending TikTok divestiture deadline, but talks expected to continue - sourcesLast week, the Committee on Foreign Investment in the United States granted ByteDance a one-week extension until Friday over the order to shed ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Second US judge blocks Commerce restrictions on TikTokA second U.S. judge late on Monday granted a preliminary injunction blocking the U.S. Commerce Department from imposing restrictions on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »