Trump Executive Order Will Hand TikTok Over to US Investors

President Donald Trump has issued an executive order that will force the Chinese company ByteDance to divest its ownership of the popular social media platform TikTok in the United States.

The executive order comes after months of speculation and concerns about the security risks posed by TikTok’s ties to China. The Trump administration has accused TikTok of collecting data on American users and sharing it with the Chinese government.

Under the executive order, ByteDance will be required to sell off its stake in TikTok to a group of US investors within 90 days. This move is seen as a way to secure American user data and ensure that TikTok does not pose a threat to national security.

The decision has been met with mixed reactions, with some praising it as a necessary step to protect American interests, while others criticize it as an overreach of executive power.

Many US companies, including Microsoft and Oracle, have expressed interest in acquiring TikTok’s US operations. This acquisition would give US investors control over the platform and its data, addressing the concerns raised by the Trump administration.

It remains to be seen how ByteDance will respond to the executive order and what the future holds for TikTok in the United States.

Overall, the Trump executive order marks a significant development in the ongoing tensions between the US and China over technology and data security.

Stay tuned for further updates as the situation continues to unfold.