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US-China tensions

TikTok has 2 more weeks to unload US operations, regulators say

Pressure mounts on video app as it now faces Nov. 27 deadline to complete deal with Oracle

TikTok is seeking court relief from President Donald Trump's order to sell its U.S. operations.   © Reuters

PALO ALTO, U.S. -- TikTok now has two more weeks, until Nov. 27, to reach an agreement with Oracle and Walmart and persuade the U.S. government to approve their proposed deal, a court filing Friday shows.

The Committee on Foreign Investment in the United States, or CFIUS, told TikTok on Thursday -- the original deadline for the company to complete a deal -- that the widely popular short-video app will have an additional 15 days to divest U.S. operations.

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