The US Treasury on Wednesday said it had extended by seven days the November 27 deadline given to the Chinese owner of TikTok to sell the popular social media platform's American business.

File photo: CFP

"The Committee on Foreign Investment in the United States (CFIUS) has granted ByteDance a one-week extension, from November 27, 2020, to December 4, 2020, to allow time to review a revised submission that the Committee recently received," a Treasury spokesperson said.

Source(s): Reuters