Trump expected to order China’s Bytedance to sell TikTok’s US operations


The move is aimed at resolving policymakers’ concerns that the foreign-owned TikTok may be a national security risk.

The US government is conducting a national security review of TikTok and is preparing to make a policy recommendation to Trump, Treasury Secretary Steven Mnuchin told reporters this week at the White House.

TikTok users panic as Trump admin considers banning app
ByteDance has been considering changes to its corporate structure and had reportedly already been looking into the possibility of selling a majority stake in TikTok.
Microsoft (MSFT) is in talks to acquire TikTok, according to the New York Times, citing a person with knowledge of the discussions. Microsoft declined to comment to CNN Business.

Critics of TikTok worry that the data it collects on its US users could end up in the hands of the Chinese government, though TikTok has said it stores its data outside of China and that it would resist any attempts by Beijing to seize the information.

Cybersecurity experts have said TikTok’s potential risk to national security is largely theoretical and that there is no evidence to suggest that TikTok’s user data has been compromised by Chinese intelligence.

CNN’s Zachary Cohen contributed to this story.



Source link

Recent articles

India bootleg alcohol death toll crosses 100, dozens arrested | News

The death toll from poisoning linked to toxic liquor in India's northern state of Punjab rose to 105 on Monday, as police carried...

Air Europa acquisition remains justified: IAG’s Walsh | News

IAG is striving to close the acquisition of Air Europa by the end of this year, undeterred by the impact of the air...

Marguerite Perey and the last element in nature | Article

In September 2019, Katherine Shield thought she’d made the breakthrough of her career – a new, never-seen phenomenon. While experimenting with actinium-227, she...

Blender 2.8 A Beginners Complete 3D Modeling Guide of Creating a Medieval Building Scene Part 1 [$]

3D Tudor writes: This is a two-part course due to the immense number of lessons. Please visit my profile to access Part 2 of...

Leave a reply

Please enter your comment!
Please enter your name here