What you need to know
- Trump has issued a new executive order concerning TikTok.
- The new order forces ByteDance to divest of its business in the United States within 90 days.
- The previous order would have effectively banned the app in 45 days.
TikTok might just survive in the United States after all.
On Friday, President Donald Trump issued an executive order that forces China's ByteDance, the company that owns TikTok, to sell or spin off its business in the United States in the next 90 days. Reported by CNBC, President Trump says that there is credible evidence that the company could take actions that would threaten the national security of the country, but has not provided any evidence to back up those claims yet.
The new executive order buys time for TikTok in the United States. The previous executive order that Trump issued last week banned transactions with Chinese owners of TikTok and WeChat, a move that effectively banned the popular social media app in the country in 45 days. The new order also orders ByteDance to, regardless of if it is able to divest in its business in the U.S., to destroy any data tied to users from the country.
ByteDance responded to the new order with a statement that highlights the app's popularity in the country.
Microsoft is still rumored to be the most likely bidder that could acquire TikTok's business in the United States. According to the report, the deal could be worth up to $30 billion.
If ByteDance only divests of its TikTok business in the United States, it would result in a split experience between users in some countries as opposed to others.
Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.
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