President Donald Trump plans a decision on China ByteDance Ltd. based on the popular music of the video app TikTok United States rejected to give its known properties familiar with the matter for people. The United States would investigate threats to national security through the monitoring of the company, and Trump decision could yet announced Friday. Spokesman of the White House and the Treasury Department did not immediately respond to requests for comment. TikTok A spokesman could not be reached for comment. Snap Inc., a TikTok competitors, won the relationship, that speculation that they may benefit from any movement that TikTok weakens. Shares of Santa Monica, California-based company’s 2 percent to $22.87 in New York. Bytedance bought Musical.ly Inc. in 2017 and merged with TikTok, a popular and rapidly growing social media hit in the US creation – the first Chinese to make applying these ideas. How popular TikTok grew that US officials were growing concerned about the potential for the Chinese government to use the application to access data to win US citizens. The Committee on Foreign Investment in the United States, who has studied the acquisition of US companies abroad, began a review of the purchase in the fall of 2019 after a person familiar with the investigation. TikTok has become a political pawn between the US and China and elected officials have criticized the security and privacy practices app, suggesting that the app collected user data can be shared with the Chinese government. Trump said earlier this month it was considering TikTok as a way for the ban on the use of the crown retaliation against China. TikTok have critics and competitors who fear, including Facebook Inc. played that criticized the application for alleged censorship. Trump TikTok threat came just weeks after the news that many users Tiktok a Trump campaign had tried to sabotage rally ban tickets they never require planning and a push to flood Trump coordinated campaign of 2020 with negative app reviews. TikTok was looking for ways sought to distance itself from its Chinese-owned, to reassure the public that no data is stored on servers in China, and that the application works independently. Bytedance also appointed a CEO previously by Walt Disney Co., Kevin Mayer, running its operations in America. Picture copyright by Rafael Henrique-SOPA Images / Rocket Light / Getty
Trump to China ByteDance plans to sell in the United States TikTok
