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TikTok Ban In US : Trump Says Will Ban TikTok From the US

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TikTok CEO slams Facebook : We are not the enemy

Reports on Friday suggested the Trump administration would potentially force TikTok’s Chinese owner to divest it. Such a move triggered rumors about Microsoft potentially acquiring TikTok’s US operations, a move that Trump appeared to downplay on Friday.

“[It’s] not the deal that you have been hearing about, that they are going to buy and sell, and this and that. And Microsoft and another one. We’re not an M&A company,”

-said Trump.

Trump’s announcement followed frantic negotiations on Friday between the White House, ByteDance, and potential buyers of TikTok, including Microsoft. They failed to produce a deal that would result in the Chinese company shedding the app’s US operations, according to people familiar with the matter. The talks are expected to continue in the coming days.

But ByteDance’s valuation expectations for TikTok of more than $50 billion, and its insistence on retaining a minority stake in the app complicated deal talks, another source said.

“As far as TikTok is concerned, we’re banning them from the United States,” Trump said to reporters while aboard Air Force One.”

Trump said he could use emergency economic powers or executive order. It was not immediately clear what such an order would look like and what legal challenges it might face.
“Well, I have that authority,” he said.
Critics of TikTok worry that the data it collects on its US users could end up in the hands of the Chinese government, though TikTok has said it stores its data outside of China and that it would resist any attempts by Beijing to seize the information.
“TikTok US user data is stored in the US, with strict controls on employee access.
TikTok’s biggest investors come from the US. We are committed to protecting our users’ privacy and safety as we continue working to bring joy to families and meaningful careers to those who create on our platform,” TikTok spokesperson Hilary McQuaide told CNN Business Saturday.

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