ByteDance's deadline to divest itself of social media app TikTok has elapsed, but talks are set to continue with the U.S. government about a sale without another deadline extension, according to reports.
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Last month, ByteDance was granted a seven-day extension on an order from the Trump administration to sell the short-form video sharing platform.
The deadline passed on December 5, but the Trump administration opted not to grant a new extension of an order requiring the Chinese company to divest TikTok's U.S. assets. However, talks will continue over the app's fate, reports Reuters.
A Treasury Department representative said late on Friday the Committee on Foreign Investment in the United States (CFIUS) "is engaging with ByteDance to complete the divestment and other steps necessary to resolve the national security risks."
Trump was said to have personally made the decision not to approve any additional extensions at a meeting of senior U.S. officials, according to a person briefed on the meeting. The government had previously issued a 15-day and seven-day extension of the initial 90-day deadline, which was Nov. 12, in Trump's order.
ByteDance remains in protracted talks with Walmart and Oracle on a deal that would divest it of the social media app and create a new U.S.-based company called TikTok Global.
In September, a federal judge granted TikTok a preliminary injunction that temporarily halted an order from the Trump Administration that would have banned new downloads of the app in the United States because of the perceived risks posed by their data collection practices and Chinese ownership.
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Top Rated Comments
Shouldn't be too difficult to stay under the radar. Trump hardly shows up to work anymore.
https://www.nytimes.com/2020/12/05/us/politics/trump-presidency-election-loss.html
WASHINGTON — Over the past week, President Trump posted or reposted about 145 messages on Twitter lashing out at the results of an election he lost. He mentioned the coronavirus pandemic now reaching its darkest hours four times — and even then just to assert that he was right about the outbreak and the experts were wrong.
Moody and by accounts of his advisers sometimes depressed, the president barely shows up to work, ignoring the health and economic crises afflicting the nation and largely clearing his public schedule of meetings unrelated to his desperate bid to rewrite the election results. He has fixated on rewarding friends, purging the disloyal and punishing a growing list of perceived enemies that now includes Republican governors, his own attorney general and even Fox News.
As Veep:
-2009 -- he was in charge of implementing American Recovery and Reinvestment Act in 2009, which was the biggest economic recovery in our history.
-2011 -- Lead negotiator to pass the Budget Control Act of 2011
-2014 -- Re-tooled 1.5 billion dollars in grants to align with job-driven trainings
-He was instrumental in the Affordable Care Act, which of course continues to rise in popularity now that people know what it actually does
-Launched the Cancer Moonshot to accelerate cancer research and treatments
As Senator:
-Sponsored the Violence Against Women Act of 1994. This has led to a massive decline in intimate partner violence.
-Confirmed Ruth Bader Ginsburg as head of the judiciary committee.
-Broke the gender barrier on said Judiciary Committee.
-Cosponsored the legislation to curb greenhouse gases in 2007
-Introduced the Senate's first climate change bills in 1986
-Subsequently whipped votes for the Clean Air Act of 1990 (which kinda stopped the acid rain problem)
-Secured the passage of SALT II
-Pushed for sanctions against Apartheid South Africa
-Supported military involvement in Yugoslavia in the 90s when there was literal ethnic cleansing taking place
-Expanded NATO to allow Warsaw Pact countries to join
-Primary sponsor of the PROTECT Our Children Act of 2008
-Sponsored the Criminal History Background Checks Pilot Extension Act in 2008 -- this allowed for volunteer youth sports and group organizations to obtain state and federal background checks on their volunteers
And yes, co-authored the 1994 crime bill (which passed 95-4, by the way, and not a single black member of either chamber voted against it), which has been a resounding success outside of the Truth-In-Sentencing piece... but only 1 candidate this cycle has made it a point that they will address that and implement corrections. Do you want to wager a guess on which candidate that was?
This is just a small list, of course. But I'm sure you already knew that, since you are so wise.
a: *rabble rabble rabble* provide facts for your claims, LIBERAL
b: Okay here is a whole list of information to back up my claims
a: *dismisses facts* (didn't actually want facts, just wanted to waste your time)