July 31, 2020

Trump to order Chinese firm to divest TikTok: reports

Washington (AFP) – President Donald Trump was preparing an order requiring the fast-growing social media app TikTok to be divested from its Chinese parent firm on national security grounds, media reports said Friday.The Wall Street Journal and Bloomberg reported Trump was set to order the sale of TikTok’s US operations by China-based Bytedance amid concerns the service could be used for Chinese intelligence.Other reports including one from Fox News said Microsoft was in talks to acquire TikTok, which could be valued in the tens of billions of dollars.The move comes following a review by the Co…

source https://this.kiji.is/en/662025408607454305?c=648607265489716321

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