Committee on Foreign Investment in the United States
U.S. government agency
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The Committee on Foreign Investment in the United States is an inter-agency committee of the United States Government that reviews the national security implications of foreign investments in U.S. companies or operations. Chaired by the United States Secretary of the Treasury, CFIUS includes representatives from 16 U.S. departments and agencies, including the Defense, State and Commerce departments, as well as the Department of Homeland Security.
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TikTok says the Trump administration has forgotten about trying to ban it, would like to know what’s upIllustration by Alex Castro / The Verge TikTok has filed a petition in a US Court of Appeals calling for a review of actions by the Trump administration’s Committee on Foreign Investment in the..
Trump administration reportedly questions Epic Games and Riot about Tencent tiesPhoto by Vjeran Pavic / The Verge The Trump administration is apparently investigating the data collection policies of American companies linked to Tencent, following sanctions on Tencent app WeChat..
TikTok will spin off into a separate company, partly owned by OracleIllustration by Alex Castro / The Verge Oracle plans take an ownership stake in a newly formed TikTok corporation as part of the recently announced deal, the Financial Times reports. The new..
Sen. Hawley calls for US to reject Oracle’s TikTok dealPhoto by Leigh Vogel for The Verge Sen. Josh Hawley is publicly calling on the Treasury Department to reject Oracle’s proposed partnership with TikTok, saying the arrangement is unacceptable on..
TikTok sues Trump administration over US banBased on wallpaper by Michael Gillett (Wallpaper Hub) TikTok has sued President Donald Trump’s administration for banning transactions with parent company ByteDance. “The [Trump] administration..
Trump Orders Sale of TikTok’s U.S. Assets Within 90 Days(Bloomberg) — President Donald Trump on Friday ordered the Chinese owner of the popular music video app TikTok to sell its U.S. assets, citing national security concerns and delivering the latest..
ByteDance investors value TikTok at $50 bn in takeover bid: SourcesNEW YORK/HONG KONG: Some investors of TikTok's parent company ByteDance seeking to take over the popular social media app are valuing it at about $50 billion, significantly more than peers such as Snap..