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Axios

Technology

U.S. tells TikTok owners to sell app or face a ban

TikTok United States Joe Biden the Biden Administration CFIUS National Security Oracle ByteDance Project Texas

The Biden Administration has warned TikTok that it faces a ban in the U.S. if its Chinese parent company, ByteDance, does not sell its stake in the U.S. version of the app, a source confirmed to Axios.

Why it matters: TikTok has become one of the most popular mobile apps in the country, amassing over 100 million U.S. users. Banning it would have an immediate impact on millions of everyday Americans, and would mark a significant escalation of tensions between China and the U.S.

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