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.