President Trump has signed an executive order that stipulates a ban on U.S. business transactions with TikTok owner ByteDance beginning on September 20. The order said the U.S. “must take aggressive action against the owners of TikTok to protect our national security.” The date is significant as it comes just after the September 15 deadline that Microsoft recently set for talks with ByteDance as the computer giant explores a potential acquisition of the U.S. operations of the China-based company. If a deal goes through, ByteDance would no longer have any business dealings in the U.S., allowing TikTok to continue operating there under its new owner. Trump last week threatened to ban video-sharing app TikTok — which has seen more than a billion downloads globally and 175 million in the U.S. — over fears that user data could fall into the hands of the Chinese government, though ByteDance has always insisted this could never happen. In the order signed by Trump, the president said steps are needed “to deal with the national emergency with respect to the information and communications technology and services supply chain,” adding that if TikTok data was obtained by the Chinese government, it could potentially allow it… Read full this story
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