President Trump Targets TikTok with New Executive Order
SAN FRANCISCO, August 15 (Online Int’l): President Donald Trump has once again targeted ByteDance with a new executive order ordering it to sell the US operations of its video-sharing app TikTok within 90 days. The order builds on sweeping restrictions issued last week by Trump that TikTok and WeChat end all operations in the US, his latest explosive moves aimed at countering China’s rising global power.
ByteDance bought karaoke video app Musical.ly from a Chinese rival about three years ago in a deal valued at nearly a billion dollars. It was incorporated into TikTok, which became a global sensation. Trump’s order contends there is “credible evidence” leading him to believe that ByteDance’s take-over of Musical.ly “threatens to impair the national security of the United States.”
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