Trump Executive Order Will Hand TikTok Over to US Investors

President Trump has signed an executive order that will effectively force the Chinese-owned social media app TikTok to sell its U.S. operations to American investors within 90 days. The order comes amid growing concerns about national security and data privacy risks posed by TikTok, which has been accused of sharing user data with the Chinese government.

Under the new order, TikTok’s parent company, ByteDance, is required to divest its U.S. assets to a U.S. company in order to continue operating in the country. Trump has also set a deadline of 45 days for Microsoft to negotiate a deal to acquire TikTok’s U.S. operations, or else face being banned from the U.S. entirely.

The move has been met with mixed reactions, with some praising Trump for taking action to protect American interests, while others argue that the executive order sets a dangerous precedent for government intervention in the tech industry. TikTok has denied allegations of sharing user data with the Chinese government, and has vowed to fight the order in court.

Meanwhile, U.S. investors are scrambling to put together a bid for TikTok, which has over 100 million users in the U.S. and has become one of the most popular social media platforms in the country. If successful, the deal could reshape the social media landscape and give American investors control over one of the fastest-growing tech companies in the world.

However, the uncertainty surrounding TikTok’s future has raised concerns among its users, many of whom are worried about the app being banned in the U.S. or undergoing major changes under new ownership. It remains to be seen how the situation will unfold in the coming weeks, as TikTok, ByteDance, and U.S. investors navigate the complexities of the executive order.

In conclusion, President Trump’s executive order to hand TikTok over to U.S. investors marks a significant development in the ongoing debate over data privacy, national security, and foreign investment in the tech industry. The outcome of this high-stakes negotiation will have far-reaching implications for the future of TikTok and the broader social media landscape in the U.S. and beyond.