<p>
"The government will then be better positioned to determine whether the national security threat described in (President Trump's executive orders)...continue to warrant the identified prohibitions," the filing reads.
</p><p>
Joe Biden has previously <a href="https://www.bloomberg.com/news/articles/2020-10-28/this-is-what-biden-s-said-on-major-u-s-flashpoints-with-china?sref=4Kf8RwDw" rel="noopener noreferrer" target="_blank">raised concerns</a> over how the Chinese government may access data that TikTok collects and discussions have reportedly continued between TikTok-owner ByteDance and U.S. security officials.
</p><p>
In an interview with CBS' "Face the Nation" this past Sunday, Biden said China should expect "extreme competition" from the U.S., but that he will not necessarily pursue an adversarial relationship in the way that his predecessor did.
</p><p>
In August last year, President Trump issued a pair of executive orders that would <a href="https://www.commerce.gov/news/press-releases/2020/09/commerce-department-prohibits-wechat-and-tiktok-transactions-protect" rel="noopener noreferrer" target="_blank">forbid American companies from transacting with ByteDance-owned companies</a> and force ByteDance to divest of its TikTok operations in the U.S. <a href="https://dot.la/is-tiktok-getting-banned-2649422152.html" target="_self">Microsoft, Oracle and Walmart emerged as potential new owners</a>.
</p><p>
<a href="https://www.nytimes.com/2020/08/29/technology/china-tiktok-export-controls.html" rel="noopener noreferrer" target="_blank">The Chinese government retaliated by issuing new rules</a> banning exportation by Chinese companies of certain technologies, which would include TikTok's lauded "For You" algorithm. TikTok also <a href="https://newsroom.tiktok.com/en-us/tiktok-files-lawsuit" rel="noopener noreferrer" target="_blank">sued the Trump administration</a>.
</p><p>
In mid-September, <a href="https://dot.la/oracle-wins-bid-for-tiktok-2647641268/a-tiktok-timeline-the-rise-and-pause-of-a-social-video-giant" target="_self">Oracle confirmed it had been selected by ByteDance to become TikTok's "trusted technology provider,</a>" and then-Treasury Secretary <a href="https://www.washingtonpost.com/technology/2020/09/14/tiktok-us-headquarters-oracle/" rel="noopener noreferrer" target="_blank">Steven Mnuchin said the arrangement would bring 20,000 new jobs to the U.S.</a>
</p><p>
A series of deadline extensions and waivers from U.S. government agencies and courts ensued and <a href="https://www.wsj.com/articles/tiktok-download-ban-is-blocked-by-second-judge-11607390564?mod=article_inline" rel="noopener noreferrer" target="_blank">multiple federal judges ruled Trump's TikTok ban illegitimate</a>.
</p><p>
On February 18, the U.S. government is due to issue its formal response to TikTok's court challenge against the ban.
</p><p>
In the absence of a ban, ByteDance could still sell TikTok, but anyone negotiating to acquire the company valued at approximately $180 billion, according to <a href="https://www.bloomberg.com/news/articles/2020-11-05/bytedance-seeks-funds-at-180-billion-value-before-ipo-of-assets?sref=QjdS4d5U" rel="noopener noreferrer" target="_blank">Bloomberg,</a> would no longer have the same leverage.<br/>
</p><p class="shortcode-media shortcode-media-youtube">
<span style="display:block;position:relative;padding-top:56.25%;" class="rm-shortcode" data-rm-shortcode-id="45b0450d1ac204efb79aa1eea88d5724"><iframe type="lazy-iframe" data-runner-src="https://www.youtube.com/embed/qyY0rZdSoPw?rel=0" width="100%" height="auto" frameborder="0" scrolling="no" style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></span>
<small class="image-media media-caption" placeholder="Add Photo Caption...">Why is TikTok Facing a Ban? And What May Lie Ahead!</small>
<small class="image-media media-photo-credit" placeholder="Add Photo Credit...">
<a href="https://www.youtube.com/watch?v=qyY0rZdSoPw&feature=emb_title" target="_blank">www.youtube.com</a>
</small>
</p><p> <em>This story has been updated.</em></p>From Your Site Articles
Related Articles Around the Web
Read more
Show less