Sell the company or Hole in law (2020) Watch onlineface a potential U.S. ban?
That’s the decision TikTok’s China-based parent company, ByteDance, may have to make.
TikTok may soon be put up for sale in the United States due to a possible order from President Donald Trump, according to a report from Bloombergthat cites "people familiar with the matter." The order would force ByteDance to divest from its popular viral video app.
When asked about making a decision on TikTok on Friday, Trump told the White House press pool a ban was on the table.
"We're looking at Tiktok. We may be banning TikTok. We may be doing some other things. There are a couple of options, but a lot of things are happening. So, we'll see what happens, but we are looking at a lot of alternatives with respect to Tiktok," said Trump.
In a subsequent Friday statement made to the press pool aboard Air Force One on Friday, Trump seemed to suggest that he plans to go the ban route. "As far as TikTok is concerned we’re banning them from the United States," he said (h/t NBC News), claiming he has "the authority" to do so through either an executive order or designation.
Fox Business Network Senior Correspondent Charles Gasparino is also reportingthat sources claim Microsoft is interested in acquiring TikTok. A subsequent report from Reuters on Saturday morning suggested that ByteDance is willing to give up its stake in TikTok's U.S. business in any theoretical deal with Microsoft.
Keep in mind, Reuters, Bloomberg, and Fox Business offered only unnamed sources, so take all of these possibilities with a grain of salt.
This Tweet is currently unavailable. It might be loading or has been removed.
If the order did come to pass, it would be reminiscent of what happenedto the LGBTQ dating app, Grindr, last year. As The Vergepoints out, the Committee on Foreign Investment in the United States forced the app’s Chinese owners, Beijing Kunlun Tech Co Ltd., to sever ties with Grindr. The agency reviews foreign investments in U.S. companies. Its recent focus appears to be on how foreign governments can access U.S. users’ data.
The Trump administration has focused on potential privacy issues with TikTok in recent weeks. The President’s 2020 reelection campaign has even run social media ads criticizingGeneration Z’s favorite social media app over claims of spyingon users’ mobile clipboard. (TikTok users trolled Trump hard, registering for a Tulsa rally in June so it looked like attendance would be high. Attendance at the rally was much, much lower than expected.)
In early July, Secretary of State Mike Pompeo went on Fox Newsand explicitly stated that the administration was looking into banning TikTok from the U.S. over its ties to China. In May, TikTok named Kevin Mayer, the former head of Disney streaming as TikTok's CEO. As many news outlets have noted, hiring an American CEO could've been a strategy to curry favor with U.S. politicians.
Back in 2018, ByteDance brought TikTok, the global version of its popular Chinese app Douyin, to market. It entered the U.S. by rebranding Musical.ly, a similar U.S. based app it purchasedfor $1 billion in 2017.
Earlier this year, TikTok broke mobile download recordsand became one of the most popular global smartphone apps of all time.
UPDATE: Aug. 1, 2020, 10:26 a.m. EDT Added more details on Trump's plan for a potential ban, as well as further reporting on a potential ByteDance / Microsoft deal.
Topics TikTok Donald Trump Politics
Previous:The Fire This Time
Next:The Forgotten Man
NYT Connections Sports Edition hints and answers for December 1: Tips to solve Connections #69Cyber Monday Samsung Galaxy phone deals: Save up to 31% on S24 Ultra, Z Fold 6, and more25+ best Cyber Monday beauty tech deals to shop: Dyson, T3, SolawaveBlack Friday 2024 SSD deals: Best picks for PS5, Xbox, and moreThe best Dyson Supersonic dupes we've tested are all on sale for Black Friday 2024Best Black Friday deals at Best Buy: Sony earbuds gaming laptops, and moreBest Cyber Monday 2024 Kindle deals to shopBest Cyber Monday selfEspresso machine Cyber Monday deals: Get up to 53% offEspresso machine Cyber Monday deals: Get up to 53% offBest Black Friday Samsung Galaxy S24+ deal: Save over $200 on AmazonBest Cyber Monday Sonos deals: Era 300, Ace, Beam at record lowsCanadian publishers take OpenAI to courtBest Cyber Monday 2024 fitness tracker deals: Garmin, Fitbit, OuraI've tested every Kindle, but the Kobo Libra is one of my favorite eBest Black Friday SSD deal: Save 30% on Crucial X10 ProBest Cyber Monday deals under $25: Lego, Echo, CrockBlack Friday outdoor deals 2024: Save on tents, hiking gearBest Cyber Monday 2Best Black Friday subscription deals 2024: Audible, streaming, Headspace Wordle today: The answer and hints for January 17, 2025 NYT Strands hints, answers for January 19 How 'Grand Theft Hamlet' evolved from lockdown escape to Shakespearean success Best Apple Watch Ultra 2 deal: Save $60 at Best Buy U.S. Supreme Court rules TikTok ban can move forward Draper vs. Vukic 2025 livestream: Watch Australian Open for free Best earbuds deal: Get the Technics Premium Hi How tech billionaires learned to love Trump NYT mini crossword answers for January 19, 2025 NYT Strands hints, answers for January 17 Los Angeles Lakers vs. LA Clippers 2025 livestream: Watch NBA online Shelton vs. Musetti 2025 livestream: Watch Australian Open for free Minnesota Timberwolves vs. New York Knicks 2025 livestream: Watch NBA online Michael Che and Michael Longfellow mourn the loss of TikTok on 'SNL' Weekend Update NYT Connections hints and answers for January 19: Tips to solve 'Connections' #588. NYT Connections Sports Edition hints and answers for January 19: Tips to solve Connections #118 Best Kindle deal: Buy Kindle books today and get double the Kindle Points Explainer: Age 'Severance' Season 2: What is Cold Harbor? Best smartphone deal: Get a like new Samsung Galaxy S24 Ultra for $849.99
2.1775s , 8223.1484375 kb
Copyright © 2025 Powered by 【Hole in law (2020) Watch online】,Wisdom Convergence Information Network