Biden administration weighing new rules to limit TikTok, foreign apps

The Commerce Department does not yet have a timeline for when the rules will be finalized. In the interim, the Committee on Foreign Investment in the United States, which weighs the security risks of business deals, has an “ongoing” review of TikTok, Saloni Sharma, a spokeswoman for the National Security Council, told The Washington Post. ByteDance, TikTok’s Beijing-based owner, had discussions with CFIUS as recently as December, according to one person familiar with the matter, who spoke on the condition of anonymity because they were not authorized to discuss it publicly.