(CNN Business)TikTok and the US government agreed on Wednesday to drop a lawsuit challenging the Trump administration’s attempt to ban the short-form video app from US app stores.
In a filing in the US District Court for the District of Columbia, the two sides said they had mutually agreed the suit should be dismissed.
TikTok has a new CEOThe move follows President Joe Biden’s decision to rescind then-President Donald Trump’s 2020 executive order targeting TikTok. Biden replaced that order with a more sweeping one that addresses apps linked to foreign adversaries including China.
As a result of Biden’s reversal of Trump’s order, Trump’s proposed app store ban became moot. TikTok is still negotiating with the US Committee on Foreign Investment in the United States on a plan to address security concerns surrounding the data of US users.