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: TikTok dismisses call for Chinese owners to sell their stakes or face U.S. ban

TikTok late Wednesday dismissed a report that the Biden administration has told its Chinese owners to sell their stakes in the popular video-sharing app or face a ban in the U.S. Read More...

TikTok late Wednesday dismissed a report that the Biden administration has told its Chinese owners to sell their stakes in the popular video-sharing app or face a ban in the U.S.

Earlier Wednesday, the Wall Street Journal reported that the Biden administration and the Committee on Foreign Investment in the U.S. have recently demanded the divesture by Beijing-based ByteDance Inc. on national-security grounds.

“If…

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