Investors defend US case over TikTok divestiture deal
( June 1, 2026, 22:31 GMT | Official Statement) -- MLex Summary: Investors opposed the US government’s motion to dismiss a court challenge to a deal to divest the US operations of the TikTok app from Chinese-controlled ByteDance, arguing that it is timely. Plaintiffs said that the government granted ByteDance several illegal extensions and then approved a deal that allowed ByteDance and TikTok to maintain an intimate operational relationship over a year after the statutory deadline for divestment. “This creates an enormous national security risk, as ByteDance continues to access Americans’ sensitive user data, and remains capable of pushing propaganda into the country: all risks that the law was meant to stop,” they argued in a brief to the US Court of Appeals for the DC Circuit.See attached file. ...
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