TikTok, owned by Chinese firm ByteDance, says it has been contacted about a change in ownership.
The US government says TikTok should be sold or else face a possible ban in the country, according to reports.
According to the WSJ, US President Joe Biden's administration wants ByteDance to divest itself of TikTok to create a clear break from China. A spokesperson for TikTok said it did not dispute the WSJ's reporting and confirmed it had been contacted by CFIUS. "If protecting national security is the objective, divestment doesn't solve the problem: a change in ownership would not impose any new restrictions on data flows or access." the spokesperson said.
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