Stock Market News
U.S. threatens TikTok ban if Chinese owners don’t sell stake – WSJ
2023.03.15 18:45
© Reuters. FILE PHOTO: A 3D printed Tik Tok logo is seen in front of U.S. flag in this illustration taken October 6, 2020. Picture taken October 6, 2020. REUTERS/Dado Ruvic/Illustration
(Reuters) – The Committee on Foreign Investment in the United States (CFIUS) is asking TikTok’s Chinese owners to sell their stakes in the short-form video app or face a possible ban in the United States, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.