White House: No New ‘Proactive Step’ on TikTok Deal Under Biden

White House: No New ‘Proactive Step’ on TikTok Deal Under Biden
A 3D printed Tik Tok logo is seen in front of a U.S. flag in this illustration taken on Oct. 6, 2020. Dado Ruvic/Illustration/Reuters File Photo
Reuters
Updated:

WASHINGTON—The White House said on Wednesday it has an ongoing review of the risks TikTok may present to U.S. data but stressed it has taken no new “proactive step” related to a pending plan for the Chinese-owned company’s American operations to be acquired by U.S. investors.

The Wall Street Journal reported earlier on Wednesday that the U.S. plan had been shelved indefinitely.