The Biden administration is pushing TikTok’s Chinese owners to sell the app or face a possible ban. But there are many complications to finding a suitor.
Contracts that could total $9 billion were awarded to Amazon, Google, Microsoft and Oracle. An earlier effort, won by Microsoft, was scrapped after rivals objected.
A draft agreement with the Biden administration to keep the Chinese-owned video app operating in the United States is under review. That could mean more wrangling.