The Commerce Department said Thursday it will abide by an October 30 temporary injunction that prevented the government from effectively shutting down TikTok, CNBC reports. Earlier this week, TikTok filed a petition in the US Court of Appeals for the D.C. ByteDance, TikTok’s parent company, agreed to sell 20 percent of TikTok Global to Walmart and Oracle while making Oracle a “trusted technology partner” in the U.S. The Commerce Department order doesn’t address the CFIUS mandate demanding TikTok sell its U.S. assets. President Donald Trump agreed to the deal in August.

Source: The Standard November 13, 2020 00:56 UTC