Trump Executive Order Will Hand TikTok Over to US Investors
Trump Executive Order Will Hand TikTok Over to US Investors
President Donald Trump has signed an executive order that will effectively force China’s ByteDance to sell the popular video-sharing app TikTok to U.S. investors.
The order comes amid escalating tensions between the United States and China over national security concerns.
Trump has accused TikTok of posing a threat to national security due to its Chinese ownership, claiming that the app could be used by the Chinese government for spying on American citizens.
The executive order gives TikTok’s parent company 45 days to find a U.S. buyer or face a ban in the country.
Microsoft has emerged as a potential buyer for TikTok’s U.S. operations, with discussions ongoing between the two companies.
If the sale goes through, it would mark a significant shift in the ownership of one of the most popular social media platforms in the world.
Many TikTok users have expressed concerns about the potential sale and what it could mean for the future of the app.
Some worry that a change in ownership could lead to alterations in the platform’s content moderation policies or overall user experience.
Others, however, see the sale as a necessary step to ensure the app’s continued operation in the United States.
Overall, the executive order represents a major development in the ongoing saga surrounding TikTok and its future in the U.S. market.