The fight between the U.S. and China over TikTok reached an inflection point on Wednesday when the Biden administration demanded that ByteDance, the social media app’s Chinese owners, sell off its stakes in the app or get ready for a possible ban.
Gigi Sohn, Joe Biden’s pick to end a nearly two-year deadlock in the Federal Communications Commission, withdrew her nomination Tuesday. The exit, which Sohn blamed on stonewalling from dark money groups, means the FCC will remain without any one-party majority for the foreseeable future. That 2-2 commissioner…