TikTok’s owner, ByteDance, receives 1-week extension to seal U.S. sale

TikTok’s clock keeps changing.

The U.S. government has granted Tik Tok’s owner, ByteDance, a week-long extension to seal a deal to sell off the video sharing app, the Treasury Department said Wednesday.



a sign in front of a building: The clock is ticking for a bit longer.


© Mario Tama
The clock is ticking for a bit longer.

The clock is ticking for a bit longer. (Mario Tama/)

Video: U.S. gives extension to sale order of TikTok (Reuters)

U.S. gives extension to sale order of TikTok

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The Committee on Foreign Investment in the United States pushed the deadline to Dec. 4 to “allow time to review a revised submission that the Committee recently received,” the Treasury Department said in a statement.

The Trump administration has pushed ByteDance, which is based in Beijing, to sell off TikTok to an American buyer, part of the commander-in-chief’s crackdown on Chinese tech companies. The White House tagged TikTok as a security threat in the

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