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Trump Orders ByteDance to Sell TikTok’s U.S. Business by Nov. 12

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President Trump, in a new executive order Friday evening, set a 90-day deadline for China’s ByteDance to fully divest the U.S. assets of TikTok based on the U.S. government’s fears that…

based on the U.S. government’s fears that the video app threatens America’s national security.

The latest Trump action is something of a formality in the administration’s push to eliminate Chinese control over TikTok’s presence in the States: The president last week already issuedMicrosoft has confirmed that it is in talks to buy TikTok “Today the President issued an order prohibiting the transaction that resulted in the acquisition of Musical.ly, now known as TikTok, by the Chinese company ByteDance,” U.S. Treasury Secretary Steven T. Mnuchin, who is the chair of CFIUS, said in aFriday. “CFIUS conducted an exhaustive review of the case and unanimously recommended this action to the President in order to protect U.S. users from exploitation of their personal data.

To verify ByteDance is complying with the order, the company — effectively immediately — must allow U.S. officials to access “all premises and facilities of ByteDance and TikTok Inc… to inspect and copy any books, ledgers, accounts, correspondence, memoranda, and other records and documents”; to audit “any information systems, networks, hardware, software, data, communications, or property”; and to interview employees and executives.

 

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And next week the FuckingMORON is signing an Executive Order to force McDonald's to include the McRib in their permanent menu! But if Biden wins, there will be no more $5 Footlongs at Subway! And he's going to ban PUMPKIN SPICE!!!

So what. Who cares?

Excellent!

VOTE! We can sign an 'executive order' to have the idiot in charge removed from the WH in November and have him exiled in China.

Paranoid Android

So Facebook can buy it and sell our data 🥰

GOP would lose their collective shit if a Democrat president had interfered in a private business like this w/ executive order.

Idk if this is a blessing in disguise or not but wtf he can't do that!

More concerned about TikTok than COVID-19.

2 more weeks in eternity. Bullshitter. Allegedly.

So he’s dictating. Like a dictator. Neat.

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President Trump orders ByteDance to divest from its U.S. TikTok business within 90 daysPresident Donald Trump issued an executive order Friday that will force China's ByteDance to sell or spin off its U.S. TikTok business within 90 days. Tough guy. I wonder why?🤣 What happens if they say “No?”
ソース: CNBC - 🏆 12. / 72 続きを読む »