THE Biden administration has “indefinitely” shelved a proposed U.S. takeover of the popular video app TikTok, according to a Wall Street Journal report.
Last year, the Trump administration brokered a deal that would have had U.S. corporations Oracle and Walmart take a large stake in the Chinese-owned app on national-security grounds.
The unusual arrangement stemmed from an order by then-President Donald Trump that aimed to ban TikTok in the U.S. unless it accepted a greater degree of American control.
White House press secretary Jen Psaki did not deny the Journal report, but said Wednesday the Biden administration hasn't taken a “new proactive step” in the process.
Psaki added that the Biden administration is comprehensively evaluating risks to U.S. data, including those involving TikTok. A review of TikTok by the Committee on Foreign Investment in the United States, which considers national security implications of such investments and has been reviewing the TikTok deal, is ongoing and has "expanded beyond TikTok,” Psaki said.
She did not offer a timetable for that process.
Trump targeted TikTok over the summer via a series of executive orders that cited concerns over the U.S. data that TikTok collects from its users.
But courts blocked the White House’s attempted ban from going into effect, and the presidential election soon took precedence over the TikTok fight for Trump.
While President Joe Biden has said TikTok is a concern, his administration hadn't said whether it will continue to try to ban TikTok or force a sale.
In September, Trump gave his tentative blessing to a proposal by TikTok’s Chinese owner ByteDance involving significant Oracle and Walmart investments in TikTok that would form a new U.S.-based company and hand management of the app's U.S. user data to Oracle.
CFIUS, however, has not completed its required review of the arrangement. A government deadline for TikTok to sell its U.S. operations has passed.
TikTok is now looking to the U.S. Court of Appeals for the District of Columbia Circuit to review Trump’s divestment order and the government’s national-security review.
TikTok and Oracle didn't return requests for comment Wednesday. Walmart declined comment Wednesday and referred questions to the Biden administration.
The Treasury Department, which chairs the CFIUS agency reviewing the TikTok deal, did not reply to a request for comment. Neither did the Commerce Department, which last year had sought to enforce Trump’s orders, nor the Justice Department, which is handling the court challenges.
The Chinese government also required ByteDance to apply for an export license, but its stance toward the deal now is unclear. State media in September criticized the proposal as U.S. bullying and extortion.
Trump cited concerns that the Chinese government could spy on TikTok users if the app remains under Chinese ownership. TikTok has denied it’s a security threat but said it was still trying to work with the U.S. government to resolve its concerns.
TikTok said Oracle and Walmart could acquire up to a combined 20% stake in the new company ahead of a TikTok initial public offering, which Walmart said could happen within the next year. Oracle’s stake would be 12.5%, and Walmart’s would be 7.5%.
Where Oracle stood to handle data management, Walmart said it would provide ecommerce, fulfillment, payments and other services to the new company. TikTok said in a November court filing that the new entity, owned by Oracle, Walmart and ByteDance's existing U.S. investors, would be responsible for TikTok’s U.S. user data and content moderation.
The Trump administration’s aggressive tactics were part of a broader effort to counter the influence of China. During his term in office, Trump waged a trade war with China, blocked mergers involving Chinese companies and stifled the business of Chinese firms like Huawei, a maker of phones and telecom equipment.
AP Newsroom
Wed Feb 10 2021
![TikTok sale pushed by Trump is shelved TikTok sale pushed by Trump is shelved](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-02/41612999448_TikTok.jpg)
The Biden administration is putting on hold a deal brokered by the Trump administration that would have had Oracle and Walmart buying a big stake in popular video app TikTok. - AP Photo/Kiichiro Sato, File
![Bapa bintang bola sepak Sepanyol, Lamine Yamal ditikam - Laporan Bapa bintang bola sepak Sepanyol, Lamine Yamal ditikam - Laporan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/61723677980_MounirNasraoui.jpg)
Bapa bintang bola sepak Sepanyol, Lamine Yamal ditikam - Laporan
Mounir Nasraoui, bapa kepada Lamine Yamal, ditikam pada lewat Rabu di tempat letak kereta di bandar Mataro di timur laut Sepanyol.
Putin anggap rundingan dengan Ukraine tidak berguna
Presiden Rusia Vladimir Putin menyifatkan, tindakan Ukraine yang menyerang orang awam memperlihatkan keengganan Kyiv menyelesaikan konflik peperangan dua negara dengan cara perdamaian.
Fadillah tiba di Peru, hadiri mesyuarat menteri-menteri tenaga APEC 2024
Timbalan Perdana Menteri, Datuk Seri Fadillah Yusof tiba Lima, Peru bagi menghadiri Mesyuarat Menteri-Menteri Tenaga (EMM) di bawah Kerjasama Ekonomi Asia Pasifik (APEC) yang berlangsung selama dua hari.
BNM denda Maybank RM4.32 juta, CIMB RM760,000 berikutan gangguan perkhidmatan berpanjangan
Bank Negara Malaysia mengenakan Penalti Monetari Pentadbiran (AMP) sebanyak RM4.32 juta ke atas Malayan Banking Bhd dan Maybank Islamic Bhd serta RM760,000 ke atas CIMB Bank Bhd dan CIMB Islamic Bank Bhd susulan gangguan beberapa perkhidmatan perbankan yang berpanjangan.
![Pertubuhan kebajikan New Zealand mohon maaf edar gula-gula bercampur dadah Methamphetamine Pertubuhan kebajikan New Zealand mohon maaf edar gula-gula bercampur dadah Methamphetamine](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/41723674988_pineapplesweetsme.jpg)
Pertubuhan kebajikan New Zealand mohon maaf edar gula-gula bercampur dadah Methamphetamine
Auckland City Mission secara tidak sengaja telah mengagihkan gula-gula bercampur Methamphetamine yang boleh membawa maut melalui pek makanan.
Pesakit buah pinggang di Gaza hadapi kekurangan mesin dialisis
Pesakit buah pinggang di Gaza menghadapi kekurangan peralatan dialisis dan bekalan perubatan yang teruk di Khan Younis.
Kekejaman zionis: Hamas hilang kepercayaan A.S jadi pengantara gencatan senjata
Hamas hilang kepercayaan terhadap keupayaan Amerika Syarikat untuk menjadi pengantara gencatan senjata di Gaza.
Kekejaman zionis: Hamas tidak ambil bahagian rundingan gencatan senjata baharu
Hamas tidak akan mengambil bahagian dalam pusingan baharu rundingan gencatan senjata Gaza yang dijadualkan di Qatar, pada Khamis.
Malaysia kecam pencerobohan Israel ke atas Masjid Al-Aqsa
Wisma Putra dalam satu kenyataan pada Rabu berkata perbuatan keji ini yang dilakukan di bawah perlindungan pasukan keselamatan Israel, merupakan pencerobohan serius terhadap satu daripada tapak paling suci Islam.
![WHO isytihar mpox sebagai kecemasan kesihatan awam global WHO isytihar mpox sebagai kecemasan kesihatan awam global](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/41723675747_Mpoxvirus.jpg)
WHO isytihar mpox sebagai kecemasan kesihatan awam global
Ini merupakan pengisytiharan kali kedua dalam tempoh dua tahun berikutan wabak yang bermula di Congo sudah merebak ke negara jiran.
![TikTok perkenal ciri perbualan berkumpulan dengan 32 pengguna TikTok perkenal ciri perbualan berkumpulan dengan 32 pengguna](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-11/61699958119_TBTIKTOKGENERIC.jpg)
TikTok perkenal ciri perbualan berkumpulan dengan 32 pengguna
Sebagai langkah keselamatan, ciri ini tidak diberikan kepada pengguna TikTok bawah 15 tahun.
![Instagram kini sokong 20 gambar dalam satu perkongsian Instagram kini sokong 20 gambar dalam satu perkongsian](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/41723175890_INSTAGRAM.jpg)
Instagram kini sokong 20 gambar dalam satu perkongsian
INSTAGRAM kini mengemas kini penawaran perkhidmatan perkongsian gambar pada platform mereka, membolehkan pengguna memilih untuk berkongsi sehingga 20 gambar dalam satu perkongsian.
![Nik Nazmi tawar diri bertanding jawatan Presiden KLFA Nik Nazmi tawar diri bertanding jawatan Presiden KLFA](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/71721294828_MenteriSumberAsli.jpg)
Nik Nazmi tawar diri bertanding jawatan Presiden KLFA
Menteri Sumber Asli dan Kelestarian Alam, Nik Nazmi Nik Ahmad akhirnya mengesahkan menawarkan diri bertanding bagi jawatan Presiden Persatuan Bolasepak Kuala Lumpur (KLFA).
![FAMA, TikTok anjur Kursus Pemasaran Digital buat usahawan OKU FAMA, TikTok anjur Kursus Pemasaran Digital buat usahawan OKU](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/81722855962_KursusPemasaranDi.jpg)
FAMA, TikTok anjur Kursus Pemasaran Digital buat usahawan OKU
FAMA dengan kerjasama TikTok Shop menganjurkan Kursus Upskilling Live Marketing bagi meningkatkan kemahiran usahawan OKU dalam pemasaran digital bermula Jumaat hingga Ahad lepas.
![Polis tahan wanita menari tidak senonoh berlatar kenderaan polis, muat naik di TikTok Polis tahan wanita menari tidak senonoh berlatar kenderaan polis, muat naik di TikTok](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/51722604819_wanita.jpg)
Polis tahan wanita menari tidak senonoh berlatar kenderaan polis, muat naik di TikTok
Seorang wanita ditahan bagi membantu siasatan berhubung tindakannya menari dengan aksi tidak senonoh di tempat awam berlatarkan kenderaan polis serta memuat naik video perbuatan itu di TikTok.
![Program tingkat nilai diri, kesantunan berbahasa perlu diperbanyak - Fadhlina Program tingkat nilai diri, kesantunan berbahasa perlu diperbanyak - Fadhlina](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/41722336547_TBFadhlinaSidek.jpg)
Program tingkat nilai diri, kesantunan berbahasa perlu diperbanyak - Fadhlina
Program meningkatkan nilai diri serta tahap kesantunan berbahasa dalam kalangan masyarakat perlu diperbanyak bagi mengurangkan perbuatan memburukkan diri sendiri dan orang sekeliling.
![Kes buli siber Esha: Wanita didenda RM100, pemandu lori mohon bicara Kes buli siber Esha: Wanita didenda RM100, pemandu lori mohon bicara](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/71721114098_BuliEsha.jpg)
Kes buli siber Esha: Wanita didenda RM100, pemandu lori mohon bicara
Dua individu didakwa di dua mahkamah berasingan hari ini berkait kematian seorang pempengaruh TikTok dikenali Rajeswary atau Esha.
![Hantaran sentuh isu 3R di TikTok, MCMC siasat penjawat awam Hantaran sentuh isu 3R di TikTok, MCMC siasat penjawat awam](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/71719640936_TikTok.jpg)
Hantaran sentuh isu 3R di TikTok, MCMC siasat penjawat awam
Seorang penjawat awam disiasat MCMC selepas dipercayai mengeluarkan hantaran jelik melibatkan elemen 3R iaitu agama, kaum dan raja di akaun TikTok miliknya.
![Kes buli pempengaruh: Kertas siasatan dirujuk kepada TPR esok - Polis Kes buli pempengaruh: Kertas siasatan dirujuk kepada TPR esok - Polis](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-05/71716563551_PolisLogoPolisP.jpg)
Kes buli pempengaruh: Kertas siasatan dirujuk kepada TPR esok - Polis
Setakat ini, 11 individu dirakam keterangan bagi membantu siasatan kes terbabit.
![YouTube Shorts perkenal enam ciri baharu seperti sari kata automatik seakan TikTok YouTube Shorts perkenal enam ciri baharu seperti sari kata automatik seakan TikTok](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-04/41713234741_YouTUBE.jpg)
YouTube Shorts perkenal enam ciri baharu seperti sari kata automatik seakan TikTok
Dengan ini golongan kurang pendengaran atau yang menonton video tanpa audio masih boleh mengikuti kandungan.