Trump Executive Order Will Hand TikTok Over to US Investors
President Trump recently signed an executive order that would effectively force the sale of popular social media app TikTok to American investors.
The order comes amid concerns over national security and data privacy issues surrounding the app’s Chinese owner, ByteDance.
Trump has long been critical of TikTok, alleging that the app could be used by the Chinese government to spy on American citizens.
The order gives TikTok’s parent company 45 days to sell the app to a US-based company, or face a potential ban in the country.
Microsoft has emerged as a potential buyer for TikTok, with talks of a potential acquisition in the works.
If the sale goes through, it would mark a major shift in the app’s ownership and management, potentially putting it in the hands of American investors.
Many have raised concerns over the implications of such a move, with some fearing that it could set a dangerous precedent for other tech companies with international ties.
Despite the controversy, some see the executive order as a necessary step to safeguard national security interests and protect user data.
Only time will tell what the ultimate outcome of this executive order will be and what it will mean for TikTok and its millions of users.