“They will have to close or sell themselves. There will be no extension of the Trump 2020 – Keep America Great shirt deadline for Tiktok”, Reuters news agency on September 11 quoted Trump as saying.
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This means that Tiktok (short video app) has less than a week to close the Trump 2020 – Keep America Great shirt deal before the September 15 deadline that Trump set. The US President gave Tiktok 45 days to sell to an American company.
According to him, the Trump 2020 – Keep America Great shirt Chinese government has used TikTok to track federal employees, collect user data for extortion, and carry out espionage activities. But TikTok has also repeatedly denied sharing user data with Beijing.
However, more and more obstacles make Tiktok more likely to not meet the Trump 2020 – Keep America Great shirt deadline. According to Bloomberg News, talks between Tiktok with US companies like Microsoft and Oracle have many problems. Meanwhile, regulations on the Chinese side also hindered when ByteDance, Tiktok’s parent company, was required to submit the deal plan to approve all deals.
Companies like Walmart, Microsoft, and Oracle have negotiated with ByteDance to buy the US operations of the TikTok app.
Earlier, the Wall Street Jounal reported that ByteDance was negotiating with the US to find a way to avoid selling TikTok in this country. Citing a well-informed source on the Trump 2020 – Keep America Great shirt matter, WSJ said that at least one of the major investors of TikTok in the group met last time with representatives from the US Central Intelligence Agency (CIA) to discuss about data security.
Additionally, Tiktok has filed a lawsuit against the Trump 2020 – Keep America Great shirt US government over Mr. Trump’s decree. The lawsuit claimed that the ordinance abused the International Emergency Economic Powers Act, since the application was not an “unusual threat”.