The future of TikTok in the United States remains uncertain as the Biden administration continues to demand that its Chinese owners, ByteDance, divest their stakes in the popular video app. Concerns over user data being passed on to the Chinese government have prompted recommendations for ByteDance to divest TikTok. Despite attempts to finalize a deal with Walmart and Oracle Corp, ByteDance has been unsuccessful in shifting TikTok's U.S. assets into a new entity. The fate of TikTok and its millions of young American users hangs in the balance as the U.S. government grapples with national security concerns.
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