TikTok sale to Oracle, Walmart has been shelved indefinitely, report says
The Biden administration is doing its own review of potential security risks from Chinese tech companies. Listen - 02:01
TikTok s future in the US remains fuzzy. James Martin/CNET
A preliminary deal to sell TikTok s US operations to software company Oracle and retail giant Walmart has been shelved indefinitely, according to a report Wednesday from The Wall Street Journal. The pause reportedly comes as the Biden administration undertakes its own review of potential security risks posed by Chinese tech companies data collection. We plan to develop a comprehensive approach to securing US data that addresses the full range of threats we face, National Security Council spokeswoman Emily Horne told the Journal. This includes the risk posed by Chinese apps and other software that operate in the US. In the coming