The US government is trying to get ByteDance to sell its TikTok stake

TikTok could be banned if you don’t

· Mobile Marketing
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Just days before TikTok CEO Zhou was funded to testify before the U.S. Congress, his company faced renewed pressure from the U.S. government. According to the Wall Street Journal, the United States is currently "requiring" ByteDance to sell its shares in TikTok. In a statement sent to Reuters, TikTok acknowledged that this was a major blow to them. After all, for the past two years or so, they have been trying to resolve this crisis that began under Trump. In order to alleviate the concerns of the US government, TikTok has reached a data protection cooperation with Oracle, but even so the voices questioning them have not stopped.

The Committee on Foreign Investment in the United States is said to have told TikTok that if Byte does not sell its shares, TikTok may face a national ban. Not long ago, both houses of Congress also proposed new bills targeting TikTok and other apps with potential national security threats. On the whole, the prospects of TikTok’s business in the United States can be said to be very worrying.