President Trump will reportedly order China’s ByteDance Ltd. to divest its ownership of the popular U.S.-based video app TikTok.
President Trump plans to announce a decision ordering China’s ByteDance Ltd. to divest its ownership of the popular U.S.-based music-video app TikTok, according to people familiar with the matter.
Spokespeople for the White House and Treasury Department didn’t immediately respond to requests for comment. A TikTok spokesperson couldn’t be reached for comment. As TikTok grew more popular, U.S. officials grew more concerned about the potential for the Chinese government to use the app to gain data on U.S. citizens. The Committee on Foreign Investment in the U.S., which investigates overseas acquisition of U.S. businesses, began a review of the purchase in the fall of 2019, according to a person familiar with the investigation.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Trump Scrapped Jared Kushner's COVID Plan Because It Wouldn't Help TrumpSince the blue states were being hit the hardest, it wasn't politically expedient for Trump to coordinate a federal response.
Weiterlesen »
Census director says he wasn't involved in Trump citizenship orderThe Census Bureau director has testified that he was not involved in drafting President Trump's directive calling for the exclusion of undocumented immigrants from the count used to develop congressional districts
Weiterlesen »
Trump brags about 'largely symbolic' executive order on drug pricesThose waiting for Trump's new policies to 'massively reduce the prices of prescription drugs' are going to be disappointed.
Weiterlesen »
House Democrats grill Census director on Trump order to exclude undocumented immigrants from apportionmentFormer Census directors warn the directive could result in flawed count.
Weiterlesen »