Trump Executive Order Will Hand TikTok Over to US Investors


Trump Executive Order Will Hand TikTok Over to US Investors

President Trump recently signed an executive order that will effectively force the sale of popular social media app TikTok to a group of US investors. The order cites national security concerns and alleged ties between TikTok’s parent company, ByteDance, and the Chinese government.

This move comes after weeks of speculation and threats from the Trump administration regarding the potential ban of TikTok in the US. The order gives ByteDance 90 days to divest its ownership in TikTok to a US-based company, effectively putting the future of the app in the hands of American investors.

Many believe that this decision could have far-reaching implications for the tech industry as a whole, especially in regards to data privacy and national security concerns. By placing TikTok under American ownership, the hope is that the app’s data and user information will be better protected.

However, critics of the executive order argue that it sets a dangerous precedent for government intervention in private business dealings and could potentially harm international trade relations. The future of TikTok remains uncertain as negotiations between ByteDance and potential US buyers continue.

Only time will tell what the ultimate outcome of this executive order will be, but one thing is for certain – the fate of TikTok is now in the hands of US investors.

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