Trump Executive Order Will Hand TikTok Over to US Investors

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Trump Executive Order Will Hand TikTok Over to US Investors

President Donald Trump recently signed an executive order that will force ByteDance, the Chinese company that owns TikTok,…

Trump Executive Order Will Hand TikTok Over to US Investors

Trump Executive Order Will Hand TikTok Over to US Investors

President Donald Trump recently signed an executive order that will force ByteDance, the Chinese company that owns TikTok, to sell its US operations to American investors. This decision comes after months of speculation and concerns about national security and data privacy issues surrounding the popular social media platform.

Under the new executive order, TikTok will have to find a US buyer within the next 45 days or face a potential ban in the country. The move is seen as a way to prevent the Chinese government from accessing user data and compromising American cybersecurity.

Several US tech companies, including Microsoft, Oracle, and Twitter, have expressed interest in acquiring TikTok’s US operations. This acquisition could potentially reshape the social media landscape and create new opportunities for American investors and users.

Despite the potential benefits of having TikTok under the control of US investors, there are also concerns about the impact this decision will have on international relations with China. The Chinese government has criticized the executive order and threatened retaliation against American companies operating in China.

Overall, the decision to hand TikTok over to US investors is a significant development that could have far-reaching implications for both the social media platform and global geopolitics. It remains to be seen how this move will play out in the coming weeks and what the long-term consequences will be for the tech industry and international relations.

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