ByteDance got extra two weeks for TikTok divestment
Meanwhile the Chinese try to put the deal on brakes and wait for Biden administration
ByteDance, owner of the popular video sharing app TikTok, has received an extra two weeks from the US government to divest its activities in the United States. However, the Chinese group continues to oppose the order of President Donald Trump.
For the forced deal, the deadline was supposed to end this week. That will now be November 27th. But ByteDance is also suing the American Court of Appeal on the issue. On Thursday the Chinese were told that they still have until 14 December to submit certain documents in their objection procedure.
So there are several deadlines running through each other. What is further clouding the situation is that Trump recently lost the presidential election to Democrat Joe Biden. Whether that still affects TikTok is unclear. The app with over 100 million American users has been under heavy attack in the US for some time.
According to the Trump government, TikTok stores too much data, which ends up with the Chinese parent company ByteDance in the Chinese government. The president therefore demanded that the American activities of TikTok be sold to an American Party. In September, he agreed to a deal between ByteDance, Oracle and Walmart which would transfer the American activities of TikTok to a new company.