With the recent US Presidential elections leading to a change in who the commander in chief is, it looks like ByteDance wants to stop the sale of its North American operations for TikTok to a US company.
This as ByteDance recently filed a petition with the US Court of Appeals to vacate the order that the Trump administration announced a couple of months ago.
The date set by soon-to-be former President Donald Trump for ByteDance to sell its US operations of TikTok was 12th November, which is tomorrow depending on when you’re reading this.
Given that Trump and his team are still trying to fight the legitimacy of Joe Biden’s election win in court, it may just be the perfect time to have the order vacated.
ByteDance also confirmed that it filed for a 30-day extension of the order with the Committee on Foreign Investment in the United States (CFIUS) on 6th November, but as of the time of writing, is yet to hear any feedback.
“For a year, TikTok has actively engaged with CFIUS in good faith to address its national security concerns, even as we disagree with its assessment,” the social media platform told The Verge in an official statement.
“In the nearly two months since the President gave his preliminary approval to our proposal to satisfy those concerns, we have offered detailed solutions to finalize that agreement – but have received no substantive feedback on our extensive data privacy and security framework,” it added.
“Today, with the November 12 CFIUS deadline imminent and without an extension in hand, we have no choice but to file a petition in court to defend our rights and those of our more than 1,500 employees in the US. We remain committed to working with the Administration — as we have all along — to resolve the issues it has raised, but our legal challenge today is a protection to ensure these discussions can take place,” the statement continued.
Whether ByteDance indeed gets the extension it is hoping for, as well as the vacated order, remains to be seen.
Either way, the outcome of this saga will prove interesting for other Chinese companies that have been impacted by the Trump administration. Huawei’s inability to work with Google and its Android ecosystem comes to mind as a prime example.
With Biden set to take over as president in January next year, much of the tech world is waiting to see what happens.