The saga of TikTok and the U.S. government's attempt to have it banned continues today.
The Committee on Foreign Investment in the United Status (CFIUS) today extended its deadline for TikTok to sell its US business to November 27, according to the Wall Street Journal. That deadline was originally set for yesterday, November 12, but that day came and went and TikTok is still working just fine in the U.S.
CFIUS said yesterday that it wouldn't force the shutdown of TikTok on November 12 because of a preliminary injunction issued by a judge last month that blocks the government from enforcing that shutdown. That preliminary injunction would seemingly apply to CFIUS's new November 27 deadline, too, but the WSJ notes that the Justice Department has appealed the judge's order.
Meanwhile, TikTok has filed a petition with the U.S. Court of Appeals in the D.C. Circuit in which it's asking for the order requiring it to sell its U.S. business to be invalidated. The initial pleadings in that case are set to go through most of December.
The whole situation involving a TikTok ban in the U.S. began back in July when President Trump said that he would be banning the popular social media app. The U.S. government has cited concerns that TikTok is owned by Chinese company ByteDance and that the app could be used to share personal information of American users with China's government.
The ban has been pushed back a few times and in September a proposal was approved by President Trump that would see Oracle and Walmart take a 20% stake in TikTok Global, a U.S. company that would run TikTok's global operations. However, there hasn't been much movement with regard to that deal since, and the WSJ reports that TikTok owner ByteDance is still working to reach an agreement with the U.S. government.
Now we'll have to wait and see if CFIUS will actually be able to do anything about a TikTok ban once its new November 27 deadline rolls around or if it'll be blocked from action again by the aforementioned preliminary injunction.