President Trump orders ByteDance to divest from its U.S. TikTok business within 90 days

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President 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.

TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019.issued an executive order Friday that will force China's ByteDance to sell or spin off its U.S. TikTok business within 90 days.

"There is credible evidence that leads me to believe that ByteDance ... might take action that threatens to impair the national security of the United States," Trump said in the order. The order was seen as good news for TikTok -- a wildly popular short form video sharing app -- and its future in the U.S., at least relative to an earlier executive order from Trump last week. The prior order could have forced U.S. based app stores to stop distributing the TikTok app if its parent ByteDance did not reach a deal to divest from it in 45 days.Under the latest order, ByteDance is expected to destroy all its copies of TikTok data attached to U.S. users.

 

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And he can order a businesses in the US to do his bidding, how, exactly? Is this like when he ordered companies to start doing busniess in the US over China or elsewhere?

Trump forcing a lower price for Gates again?

OpenOutcrier

OpenOutcrier

90 days? It will be none of his business by then 😂

This is a real example of forced technology transfer.

Winning in the free market!

Were you been sleeping?its a old news

What happens if they say “No?”

Yay capitalism! Wait...

Mafia. Fake democracy, fake market economy.

I wonder why?🤣

Tough guy.

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TikTok employees filing lawsuit, separate from the company, to fight Trump over app banThe employees' legal challenge to Trump's executive order will be separate from a pending lawsuit from the company that owns the app. The reasons why Chinese eat bats and everything.. He’s the President. He could issue an executive order citing National Security; their lawsuit is ‘frivolous and W/out merit.’ That’s a legal term and they will be defeated. It is what it is. A joke.
Source: USATODAY - 🏆 100. / 63 Read more »