January 21, 2020
ByteDance owns TikTok, which has offices in Culver City.
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President Joe Biden has revoked executive orders from the Trump administration that sought to ban TikTok in the U.S.
TikTok named Shouzi Chew, chief financial officer at parent company ByteDance Ltd., as CEO for the social media company.
ByteDance has reportedly abandoned plans to sell TikTok's U.S. operations to Oracle and Walmart.
The Trump Administration appealed a federal judge's order which blocked restrictions on TikTok's U.S. operations.
The Trump administration has put more time on the clock for TikTok parent company ByteDance Ltd. to sell the app’s U.S. operations to an American company.