TikTok Sale Deadline Extended, as Saga Drags on
Francesca Billington is a dot.LA editorial intern. She's previously reported for KCRW, the Santa Monica Daily Press and local publications in New Jersey. Before joining dot.LA, she was a communications fellow at an environmental science research center in Sri Lanka. She graduated from Princeton in 2019 with a degree in anthropology.
TikTok can breathe easier after the government gave the viral video app until November 27 to finalize a deal that would allay the government's national security concerns.
The 15-day extension was granted, a filing on Friday showed, by the Committee on Foreign Investment in the United States (CFIUS), the entity monitoring foreign investments.
It's the latest move in a series of delays from the Trump administration to finalize a divestment from the video-sharing platform and its Chinese parent company ByteDance. Trump for months has raised concern over TikTok's threat to national security, alleging the company shares information with the Chinese government. TikTok and ByteDance deny that.
On Thursday, the Commerce Department announced it wouldn't enforce an executive order that set the 12th as TikTok's last day to sell — the last day in a 90-day period. The decision referenced an earlier ruling in which a judge claimed the decision over a ban wasn't within the government's power.
That came after weeks of silence from the government, TikTok claims.
In September, TikTok proposed a plan with Walmart and computer software company Oracle that would mean TikTok becomes a U.S. headquartered company. Trump gave his blessing for the plan, but it hasn't been finalized.
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With less than two weeks before Thanksgiving, passengers worried about transmitting the coronavirus on their trip can get tested at Los Angeles International Airport with results back within 24 hours.
Beginning Tuesday, Clarity Lab Solutions will offer an FDA-approved nasal swab test for $150, LAX officials announced Monday as they braced for what is normally some of the busiest travel days. Though this year, airlines are seeing reservations at just a fraction of what's expected.
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El Segundo-based telemedicine technology provider Cloudbreak Health and Florida-based UpHealth Holdings, a digital healthcare provider, announced they will combine and go public via a SPAC in a deal that values the combined companies at $1.35 billion.
Named UpHealth, Inc., the new company aims to streamline online health care by becoming a single provider of four different services: telehealth, teletherapy, a health care appointment and management system and an online pharmacy.
Jamey Edwards, co-founder and executive director of Cloudbreak
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