BREAKING: President Trump says he plans to use his executive power to ban the popular video creation app TikTok in the U.S. as early as Saturday.
Since November, the Committee on Foreign Investment in the United States, which investigates foreign acquisitions of U.S. properties for potential national security threats,Microsoft is in talks to purchase the app, the New York TimesEarlier this month, Larry Kudlow, Trump's top economic adviser, said he had been informed the eventual buyer “will be a one hundred percent American company.”
TikTok has repeatedly claimed to be an independent company, free of China’s influence or demands for rights to domestic companies’ data. But on Wednesday, Wang Wenbin, a spokesperson for China’s Ministry of Foreign Affairs,Trump and members of his administration have repeatedly said China should be punished for its role in allowing the coronavirus to spread to the U.S.
“With respect to Chinese apps on peoples’ cellphones, the United States will get this one right,” he told Fox News in early July.“While we do not comment on rumors or speculation, we are confident in the long-term success of TikTok,” TikTok spokesperson Ashley Nash-Hahn said."Hundreds of millions of people come to TikTok for entertainment and connection, including our community of creators and artists who are building livelihoods from the platform.
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Microsoft Reportedly Considering Buying TikTok As Trump May Force U.S. SaleI am a Texas native covering breaking news out of New York City. Previously, I was a Forbes intern in London. I am an alum of City, University of London and Texas State University.
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Microsoft In Talks To Buy Teen Fave TikTok As Trump Ramps Up PressureMicrosoft is in talks to acquire TikTok, the hugely popular Chinese-owned app, just as the Trump administration considers taking action against the app — including banning it.
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Trump Says He Will Ban TikTok From U.S.Donald Trump says he’ll act as soon as Saturday to ban Chinese-owned video app TikTok from the U.S. on security fears
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