Dan Primack, Axios:
The White House is again giving TikTok’s Chinese parent company more to satisfy national security concerns, rather than initiating legal action, a source familiar with the situation tells Axios.
The source says that CFIUS is not providing another formal extension, but rather a de facto continuation as the two sides carry on with negotiations.
This was, all of a sudden, among the highest priorities of the current U.S. administration for this year. After the election, it seems that enthusiasm has completely dried up; likewise for banning much of WeChat’s functionality.