US threatens TikTok ban if Chinese owners don't sell stakes, but is banning the app the right solution?

1 min read
Source: Reuters
US threatens TikTok ban if Chinese owners don't sell stakes, but is banning the app the right solution?
Photo: Reuters
TL;DR Summary

The Biden administration has demanded that TikTok's Chinese owners divest their stakes in the popular video app or face a possible US ban, citing concerns that TikTok's US user data could be passed on to China's government. TikTok has more than 100 million US users. This is the first time under the Biden administration that a potential ban on TikTok has been threatened. TikTok and CFIUS have been negotiating for more than two years on data security requirements. Any US ban would face significant legal hurdles.

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