It is official, as reported by CNBC , the President of the United States Donald Trump has recently told reporters that he will ban TikTok from the States, starting today, Saturday 1 August . This move will come through an executive order, although the American tycoon has not yet specified what course of action he would have taken towards the well-known social network, which is recently becoming popular on the web (especially among the youngest). Here are Trump’s words:
As for TikTok, we are banning it from the United States.
Additionally, the Trump administration-controlled Chinese-owned social media video app is reportedly in talks with Microsoft and other companies for the outright acquisition and sale of part of parent company ByteDance . But that’s not all, given that as reported by the New York Times , the Committee on Foreign Investment in the United States (or CFIUS) would have ordered the Chinese multinational to sell TikTok (as it would represent a threat to national security, due to the oriental ownership. ), while the government is currently discussing the terms of not just the separation from ByteDance, but also the inclusion of the latter in the ” entity list “, which would prevent him from purchasing American products and services without a special license.
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