How the Biden administration passed on TikTok’s Project Texas, a proposal to let the US pick its board, veto hires, and more, opting instead for a sale or ban (Drew Harwell/Washington Post)

Drew Harwell / Washington Post:
How the Biden administration passed on TikTok's Project Texas, a proposal to let the US pick its board, veto hires, and more, opting instead for a sale or ban  —  TikTok offered the Biden administration control over its U.S. operations and a kill switch if things went south.  The Biden administration took a pass.