TikTok threatens legal action against Trump's executive order, says it sets a 'dangerous precedent'
"And it sets a dangerous precedent for the concept of free expression and open markets. We will pursue all remedies available to us in order to ensure that the rule of law is not discarded and that our company and our users are treated fairly — if not by the Administration, then by the US courts."
TikTok, which is owned by Beijing-based internet giant Bytedance, wasn't the only Chinese company targeted by the Trump administration Thursday. Another executive order centers on WeChat, the popular messaging app owned by Tencent, claiming its data collection could give Beijing access to Americans' personal information.Tencent is arguably a more significant target than ByteDance as its WeChat app is used by millions internationally and the company owns or invests in several major U.S.
Despite being Chinese-owned, TikTok has a U.S. CEO and its largest office is based in Los Angeles. ByteDance operates a separate version of the app for China called Douyin.
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