Donald Trump says United States will ban Chinese social media app TikTok

Donald Trump says United States will ban Chinese social media app TikTok

Donald Trump says United States will ban Chinese social media app TikTok

The company insists it does not share user data with Beijing.

The clampdown on Chinese companies by the United States is far from over. TikTok's U.S. General Manager, Vanessa Pappas, just issued a statement reassuring users their app isn't "going anywhere".

"But before you (like me) immediately dismiss these TikTok rumors as sheer lunacy, it's worth thinking this through", writes Mary Jo Foley, the longtime Microsoft beat reporter.

Social media sites are wildly popular in America.

It could make many companies wary of the USA governments capricious decisions, which leads to instability and uncertainty, says Sucharita Kodali, an analyst at Forrester Research, an e-commerce research firm.

Trump had told reporters earlier that "We're looking at TikTok, we may be banning TikTok".

Sarah's latest video comes on the heels of Trump publicly saying he "has the authority" to ban the app while he was aboard Air Force One.

Trump said yesterday that he would take action as soon as today to ban TikTok in the United States. Furthermore, US-based investors would be given the opportunity to buy minority stakes in the company. It will be taken up by the full Senate for a vote.

TikTok, especially popular with young audiences who create and watch its short-form videos, has an estimated one billion users worldwide. Still, buying TikTok would be a significant change of direction from Microsoft CEO Satya Nadella's focus on workplace software that makes people more productive, said technology industry analyst Patrick Moorhead of Moor Insights & Strategy. Republicans have accused the company of trying to "meddle" in the United States presidential election.

ByteDance launched TikTok in 2017 as a competitor to Facebook and Snap and it has grown in popularity, hitting two billion downloads during April.

The move was aimed at resolving policymakers' concerns that the foreign-owned TikTok may be a national security risk.

Meanwhile, TikTok has refused to comment on the reports being circulated. The Committee on Foreign Investment in the USA, which investigates overseas acquisition of US businesses, began a review of the purchase in the fall of 2019, according to a person familiar with the investigation. The committee has chose to order ByteDance to divest TikTok, and the government is engaged in negotiations over the terms of the separation.

The continuing row comes as Microsoft Corp could re-energise its advertising business with a huge supply of video as it seeks to acquire TikTok's USA operations from ByteDance.

Some of the company's other overseas apps include work collaboration tool Lark and music streaming app Resso.

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