TikTok admits that the US has demanded that its Chinese owners spin off their stake or face a ban.
CFIUS issues an ultimatum to TikTok's Chinese owners on the US ban, affecting the popular app.
TikTok confirms CFIUS' request for divestiture but refused to offer information.
China claims US data security misinformation and discriminatory TikTok restrictions.
China's Foreign Ministry dismisses American evidence linking TikTok to national security issues.
TikTok's Project Texas stores data with Oracle in the US to address US data concerns.
US politicians want to broaden the TikTok ban; CEO will be grilled by a House committee next week.
According to former official Harry Broadman, CFIUS discussions on TikTok signal a shift.
Broadman questions whether the divestiture demand is definitive or part of national security.