The Biden administration and TikTok are working on an agreement that would let the video-sharing site keep operating in the US, but negotiations have stalled over concerns that the company’s Chinese ownership poses a national security threat, people with knowledge of the matter said.
Once reached, the agreement would allow the platform to continue operating in the US, though it would place additional restrictions on how data from US users is stored, said the people, who asked not to be named discussing a national security matter.