Tag: ByteDance

  • Trump orders owner of TikTok to sell US assets

    Trump orders owner of TikTok to sell US assets

    WASHINGTON — President Donald Trump on Friday gave the Chinese company ByteDance 90 days to divest itself of any assets used to support the popular TikTok app in the United States. Trump’s executive order said there is “credible evidence that leads me to believe that ByteDance … might take action that threatens to impair the…

  • Trump issues E.O. barring U.S. firms from dealing with TikTok’s parent

    Trump issues E.O. barring U.S. firms from dealing with TikTok’s parent

    President Donald Trump issued an executive order Thursday barring U.S. companies from doing business with ByteDance, the Chinese parent company of TikTok. The order, which is set to go into effect in 45 days, would be a major blow to the popular short-form video app if it is not sold to a U.S. company. Microsoft…