According to the newspaper, the ultimatum was issued by the US authority CFIUS. This is responsible for the risk assessment of foreign investments for national security. For months there have been concerns in the US and other Western countries that the Chinese state could access Tiktok user data via Bytedance.
With one billion users worldwide, Tiktok is particularly popular with the younger generation. You can create short videos, an algorithm will suggest videos to watch. The use of the short video service has recently increased significantly in the USA, including among older Internet users. More than 100 million people use the app. Tiktok has already overtaken other networks like Youtube, Twitter, Instagram and Facebook in terms of time spent on them.
At the end of February, the White House ordered the app to be removed from all US federal agency devices. The EU Commission has also made a similar decision for the mobile phones of its officials.