TikTok asks federal court to intervene in CFIUS order forcing sale of TikTok's US operations by Nov. 12; sources: TikTok hasn't heard from Trump admin in weeks
- TikTok hasn't heard from the Trump administration in weeks as it tries to figure out whether or not to proceed to sell a minority stake in itself to Oracle and Walmart.
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Discussion
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@saraeisen
Sara Eisen
on x
“Executives at the company are still interested in completing a technology partnership with Oracle to satisfy national security concerns — even if President-Elect Joe Biden isn't as concerned with TikTok's risk profile under Chinese ownership.” https://twitter.com/...
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@danprimack
Dan Primack
on x
Reminder that Trump in September said he had approved a deal that remains... well, not approved. https://www.axios.com/...
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@danprimack
Dan Primack
on x
The Trump administration is still set to ban TikTok this Thursday. TikTok just filed for yet another injunction to stop Trump, and is 2/2 so far in these legal challenges. But this one will be tougher. https://www.axios.com/...