The New Paper

February 11, 2021

TikTok sale reportedly put on hold

TikTok’s proposed sale to Oracle and Walmart was reportedly put on hold “indefinitely” according to the Wall Street Journal. The report comes as the Biden administration reviews Trump-era restrictions on the Chinese-owned video-sharing app, which included a mandate for TikTok to sell its US assets (citing national security concerns).
This story is from the February 11, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.