The US government is "demanding" that Chinese big tech ByteDance sell TikTok, according to a person familiar with the situation. The demand for the sale was made by the Committee on Foreign Investment in the US (CIFUS), a federal task force composed of multiple agencies responsible for monitoring national security risks in cross-border investments. If ByteDance does not sell TikTok, the company could face a ban. This is a significant setback for the company, as it had been
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