TikTok has moved a federal court seeking a stay on an order signed by US President Donald Trump which asked the video-sharing app to restructure its ownership to fall in line with the country’s security concerns. According to the executive orders signed by Trump in August, ByteDance owned app has until Thursday, November 12 to sell off its US operations to American companies.
The Chinese company is seeking the US Court of Appeals for the District of Columbia Circuit to evaluate Trump’s divestment order and the government’s national-security review.
Earlier in September Trump gave his tentative consent to a ByteDance proposal meant to settle the US national security concerns by placing TikTok under the oversight of American companies Walmart and Oracle. Both companies would also have a financial stake in the video app company. However, this week TikTok stated that it has not received ‘clarity’ from the US government about whether its proposals have been accepted.
