President Trump on Friday bought that ByteDance, the Chinese business that owns TikTok, divest from the U.S. in 90 days.

AP

hide caption

toggle caption

AP

President Trump on Friday purchased that ByteDance, the Chinese company that owns TikTok, divest from the U.S. in 90 days.

AP

President Trump on Friday ordered TikToks moms and dad company, ByteDance, to offer its U.S. assets in 90 days, specifying American authorities have “credible proof” that the Chinese tech giant could take action to imperil nationwide security. Stewart Baker, the former general counsel at the National Security Agency, said the extra order targeting TikTok will serve as “an assurance” that the administration can pressure an American company to acquire the app, or the app will be prohibited entirely from the U.S. U.S. tech company Microsoft is amongst a number of American business in talks to get TikToks U.S. operations.

President Trump on Friday purchased TikToks parent business, ByteDance, to sell its U.S. properties in 90 days, specifying American authorities have “reliable proof” that the Chinese tech giant might take action to endanger national security. Last week, Trump signed a separate executive order that would successfully ban the popular video-sharing app by making any deals in between U.S. residents and TikTok prohibited beginning in 45 days from its signing. Stewart Baker, the former general counsel at the National Security Agency, said the extra order targeting TikTok will serve as “a guarantee” that the administration can push an American business to acquire the app, or the app will be banned altogether from the U.S. TikTok collects information on U.S. users on par with apps owned by significant American technology companies. U.S. tech business Microsoft is amongst a number of American companies in talks to acquire TikToks U.S. operations.

LEAVE A REPLY

Please enter your comment!
Please enter your name here