MCD intends to sell some of its stake in its Japanese subsidiary McDonald’s Holding Co. user data and systems, with robust third-party monitoring, vetting, and verification, which we are already implementing. According to media reports, McDonalds Corp. ban, the company told Reuters on Wednesday. "The best way to address concerns about national security is with the transparent, U.S.-based protection of U.S. The Biden administration wants TikTok's Chinese parent company to divest itself of the popular social media platform, or it could face a possible nationwide ban, TikTok confirmed to CBS News on. The Biden administration has demanded that TikTok's Chinese owners divest their stakes in the popular video app or face a possible U.S. "If protecting national security is the objective, divestment doesn't solve the problem," TikTok spokesperson Maureen Shanahan told CBS News in a statement. The White House and National Security Council also declined to comment. The Treasury Department, of which CFIUS is a part, declined to comment. As carmakers invest more heavily in electric vehicles the lithium -ion battery will be a key technology for at least the next decade, creating a market Goldman Sachs estimates will be worth 40bn. (CFIUS) had recently made the divestment request, and a TikTok spokesperson did not dispute that account. Japan Display Inc <6740.T> will pay more than 100 million to boost its stake in an organic light-emitting diode (OLED) panel maker, the Nikkei business daily said - a step that would improve its.After assessing the value of the investment, the company plans to conclude the sale. It added it will sell the indirect stake because it was unable to finalise the deal. TikTok has been threatened with a federal ban unless Chinese owner ByteDance sells its stake in the popular short video app. The Wall Street Journal said the Committee on Foreign Investment in the U.S. Foxconn Industrial Internet plans to sell the stake for at least CNY5.4 billion (774.4 million) to Yantai Haixiu IC Investment Centre, Foxconn stated in a stock market filing. The Biden administration wants TikTok's Chinese parent company to divest itself of the popular social media platform, or it could face a possible nationwide ban, TikTok confirmed to CBS News on Wednesday. government wants platform to divest from Chinese parent company 01:57
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