TikTok

LEX - TikTok: limbo time

ByteDance files legal challenge to extend November 12 deadline to sell US operations

There have been so many twists and turns in TikTok’s politically contorted saga that each development passes as fleetingly as one of the app’s 15-second videos.

The latest came late Tuesday. With a November 12 deadline looming for TikTok to sell its US operations, or risk being shut down, the app’s Chinese parent ByteDance filed an eleventh hour legal challenge in a federal court seeking a reprieve.

ByteDance had already struck a complex partnership agreement with Oracle and Walmart in September in a bid to prevent TikTok, which has about 100m users in the US, from a ban there. The plan, creating a new TikTok Global company headquartered in the US to oversee local user data, was initially blessed by Mr Trump.

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