It seems that the sale of TikTok might be over, according to an announced from the Biden administration. They have mad the decision to not push the sale of TikTok into US ownership.
Former president Trump issued an executive order last August in order to make the sale of TikTok to Oracle/Walmart lead group happen. The reasoning was that data from US users were being given to the Chinese government.
But now, with the current administration, it seems that it might be abandoned all together. More information about this news can be found over at Social Media Today.