Will TikTok Ever Actually Be Banned in the U.S.?

TikTok was granted another extension to find a U.S.-based buyer, and the deadline has once again come and gone without any action. The app remains in app stores.
Will TikTok Ever Actually Be Banned in the U.S.?
Image credit: Rafael Henrique/SOPA Images/Getty Images via PC Mag

Limited-Time Savings: 60% Off of Our Social Media Books

Use code SOCIAL2021 through 5/27/21 to get these books, for less.
2 min read
This story originally appeared on PC Mag

TikTok's status in the United States remains uncertain. Recently, the Committee on Foreign Investment in the United States (CFIUS) granted parent company ByteDance yet another extension to find a buyer. That period has come and gone, but according to Bloomberg, that won't matter much in the interim.

Bloomberg's sources claim that TikTok won't be banned or assigned a new deadline. TikTok will continue talks with the US government to meet the prerequisites in place for a buyer. That means the video platform is essentially in limbo for now.

"The Committee is engaging with ByteDance to complete the divestment and other steps necessary to resolve the national security risks arising from the transaction, consistent with the President’s August 14 Order," a Treasury spokesperson said in a statement.

This situation has been ongoing since August. President Donald Trump called ByteDance and its TikTok app a threat to national security. His administration ordered ByteDance to sell its US-based business. The US Commerce Department then pushed an order to block TikTok downloads in the US, which did not come to pass.

Following his declaration, Trump gave preliminary approval of a special deal between Walmart and Oracle to create the US-based entity known as "TikTok Global." But not much has happened since then, except for several delays in banning TikTok from US app stores.

The latest deadline to come and go was Dec. 4. It’s unclear how long TikTok will remain in this holding pattern. Currently, the app is still available to download and use as normal.

More from Entrepreneur
Entrepreneur Select: A Fund For Entrepreneurs, By Entrepreneurs

Entrepreneurs require more than just money, which is why we aim to empower you, as well as act as a catalyst for value creation.

Discover the franchise that’s right for you by answering some quick questions about
  • Which industry you’re interested in
  • Why you want to buy a franchise
  • What your financial needs are
  • Where you’re located
  • And more
Make sure you’re covered for physical injuries or property damage that occur at work by
  • Providing us with basic information about your business
  • Verifying details about your business with one of our specialists
  • Speaking with an agent who is specifically suited to insure your business

Latest on Entrepreneur