Trump Executive Order Will Hand TikTok Over to US Investors

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Trump Executive Order Will Hand TikTok Over to US Investors

President Trump has signed an executive order that will effectively hand over control of popular social media platform…

Trump Executive Order Will Hand TikTok Over to US Investors

Trump Executive Order Will Hand TikTok Over to US Investors

President Trump has signed an executive order that will effectively hand over control of popular social media platform TikTok to US investors. The move comes amid growing concerns over national security and data privacy issues surrounding the Chinese-owned app.

The order requires TikTok’s parent company, ByteDance, to divest its ownership in the app within the next 90 days. This decision is seen as a major blow to TikTok’s operations in the US, where it boasts over 100 million active users.

US investors are now scrambling to put together a bid to acquire TikTok. This move is seen as an opportunity for American companies to gain a foothold in the highly competitive social media landscape.

However, the exact details of the deal and how it will impact TikTok’s operations and user base remain unclear. Many users are concerned that the app may lose its unique appeal if taken over by US investors.

Despite the uncertainty, the Trump administration sees this move as a step in the right direction towards ensuring the safety and security of American data and national interests. The decision has drawn mixed reactions from lawmakers and tech industry experts.

Only time will tell how the handover of TikTok to US investors will play out and what impact it will have on the app and its millions of users around the world.

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