TikTok has filed an appeal in the US Court of Appeals to find out the status regarding its ban in the country. By filing this appeal, the ByteDance owned company aims at giving a reminder to the Trump government’s Committee on Foreign Investment in the United States (CFIUS), regarding the deadline or the time remaining for ByteDance for the sale of TikTok’s US assets, as TikTok feels the committee has forgotten about its ban. The Trump administration had raised concerns over TikTok’s usage in the country over national security fears and had sought a ban on the same.
TikTok had received a deadline till November 12 to trade off all its US assets. This deadline was given by none other than CFIUS. Going by this date, the time is almost up for TikTok. However, it is still waiting for a confirmation from the CFIUS. The video-sharing service had even sought an extension of 30-days, per the regulations permitted within the CFIUS’ order. So far, it remains to be seen as to what would be TikTok’s fate after November 12. Sometime towards the end of October, Tiktok received a preliminary injunction from a federal judge in Pennsylvania.
TikTok provided a statement stating, “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. 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 further added that as it did not receive any feedback regarding the solutions it had offered, it decided to seek an extension of 30-days, which is according to the order passed on August 14. However, as the deadline of November 12 imposed by the CFIUS has almost crept in now, TikTok decided to file a petition in the court since it did not have any other extension nor any choice in its hands. It states that it decided to follow the legal route to reclaim its rights and about 1500 of its employees in the US.
Finally, Tiktok states that it is “committed to working with the Administration,” like it has been doing for many years. The ByteDance owned company vows to provide solutions to all the issues that have been brought forth by the Administration. However, to do so, TikTok mustn’t be banned from the country, which is why it justifies that it is right to file an appeal.
Back in September, Trump had approved Oracle and Walmart to participate in a bid for claiming TikTok’s US assets. However, the Chinese government did not proceed further with this deal, and from that time, there is no other progress within the deal. ByteDance confirmed that it would own about 80% of TikTok’s assets.