TikTok given 15-day extension to get deal approved by Trump administration before possible ban
by Jerry Dunleavy, Justice Department Reporter | | November 13, 2020 02:56 PM
Chinese-owned TikTok was granted a 15-day extension by the Committee on Foreign Investment in the United States to get a possible deal approved by the U.S. government as the Trump administration wrangles with court battles against the video-sharing app and considers a possible ban.
Trump administration lawyers from Covington & Burling said that the D.C. District Court had instructed them to keep the judge apprised of any developments in the process related to TikTok, and the attorneys said that on Thursday they had granted a 15-day extension to the 90-day period specified in Trump’s Aug. 14 executive order related to TikTok’s Beijing-based parent company ByteDance acquiring a similar video-sharing app, Musical.ly, for $1 billion in 2017. That means the Treasury Department decision won’t need to be made until Nov. 27.
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READ MORE: https://www.washingtonexaminer.com/news/tiktok-given-15-day-extension-to-get-deal-approved-by-trump-administration-before-possible-ban
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