Trump Executive Order Will Hand TikTok Over to US Investors

President Donald Trump recently signed an executive order that could potentially hand over ownership of the popular social media app, TikTok, to US investors.

The order comes amidst growing concerns over TikTok’s ties to China and worries about data privacy and national security issues.

Under the order, TikTok’s parent company, ByteDance, has been given 45 days to negotiate a deal with US companies to divest its ownership of the app.

If the deal is not reached within the specified timeframe, the executive order threatens to shut down TikTok operations in the US.

This move by the Trump administration is part of a broader effort to crack down on Chinese-owned companies operating in the US.

Several US companies, including Microsoft, Oracle, and Twitter, have already expressed interest in acquiring TikTok’s US operations.

Handing over control of TikTok to US investors could potentially alleviate concerns about data privacy and national security risks associated with the app.

However, it remains to be seen how this deal will play out and what the long-term implications will be for TikTok’s millions of users.

Overall, the executive order is a significant development in the ongoing battle between the US and China over tech dominance and national security concerns.