TECH Trump says he will ban TikTok from operating in the US

jward

jward

passin' thru
Trump says he will ban TikTok from operating in the US
By Brett Samuels - 07/31/20 10:24 PM EDT 285

1,789




Just In...


President Trump on Friday said he plans to ban the social media platform TikTok from operating in the United States.
“As far as TikTok is concerned, we’re banning them from the United States,” Trump told reporters aboard Air Force One.
The president said he could use emergency economic powers or an executive order as early as Saturday to officially bar the Chinese-owned company from the U.S. He signaled he was not supportive of allowing an American company to acquire TikTok.
TikTok did not immediately respond to a request for comment.

Trump's announcement came hours after reports that Microsoft was in talks to purchase popular TikTok from Beijing-based company ByteDance. That report emerged around the same time news outlets reported that Trump was considering signing an executive order requiring ByteDance to divest the U.S. portion of TikTok due to concerns that the company may be giving sensitive U.S. data collected through the app to the Chinese Communist Party (CCP).
TikTok has become wildly popular with young people and has hundreds of millions of users worldwide. The app often allows users to watch and create short videos featuring audio and other effects. The videos often go viral across other social media platforms.
Trump administration officials have for weeks floated taking action against TikTok due its connections to China.
Secretary of State Mike Pompeo made similar comments earlier this month, announcing that the Trump administration was considering banning Chinese apps, including TikTok, due to national security concerns.
The Treasury Department’s Committee on Foreign Investment in the United States (CFIUS) opened an investigation into ByteDance last year, while the House approved legislation last week banning the use of TikTok on federal devices.
Senators have also asked the Justice Department to open an investigation into TikTok, and have separately raised concerns the app could be used by the CCP to interfere in U.S. elections.
TikTok has pushed back against claims that it censors content and shares data with the CCP and attempted to distance itself from China. The company hired former Disney executive Kevin Mayer to serve as CEO earlier this year and relocated American data storage to the United States
posted for fair use
thehill.com

Trump says he will ban TikTok from operating in the US

President Trump on Friday said he plans to ban the social media platform TikTok from operating in the United States.“As far as TikTok is concerned, we’re banning them from the United States,” Trump…
thehill.com thehill.com
 
Kathy in FL

Kathy in FL

Administrator
_______________
Tik Tok is a piece of crap. It should have never been allowed on our phones to start with, it is one huge piece of nasty spyware masquerading as social media. I have it banned in our house when I caught the 16 year old looking at it. Uh no. Nope. Uh uh. Nunca nunca nunca. We are being spied on enough by our own country, I don't want the Chinese taking their bite out of my privacy.
 
jward

jward

passin' thru
ndo-Pacific News
@IndoPac_Info
12m

"China will not accept the "theft" of a Chinese technology company and is able to respond to Washington's move to push ByteDance to sell short-video app TikTok's U.S. operations to Microsoft, the China Daily newspaper said on Tuesday."

Thinking face
 
P

Pinecone

Has No Life - Lives on TB
Wait, if Microsoft buys it, doesn't microsoft already work in conjunction with the Chinese? Does this do anything more than adding one more step to them spying on us?
 
TammyinWI

TammyinWI

Talk is cheap
On MSM during the night, Trump said that he is setting a deadline for the sale to happen, and that the U.S. Treasury should get some of it:

World
Trump Gives TikTok 6 Weeks To Sell Itself To US Company

By Paul HANDLEY 08/03/20 AT 7:33 PM

US President Donald Trump gave popular Chinese-owned video app TikTok six weeks to sell its US operations to an American company, saying Monday it would be "out of business" otherwise, and that the government wanted a financial benefit from the deal.

"It's got to be an American company... it's got to be owned here," Trump said. "We don't want to have any problem with security."

Trump said that Microsoft was in talks to buy TikTok, which has as many as one billion worldwide users who make quirky 60-second videos with its smartphone app.

But US officials say the app constitutes a national security risk because it could share millions of Americans' personal data with Chinese intelligence.

Trump gave the company's Chinese parent ByteDance until mid-September to strike a deal.

"I set a date of around September 15, at which point it's going to be out of business in the United States," he said.

Whatever the price is, he said, "the United States should get a very large percentage of that price because we're making it possible."

Trump compared the demand for a piece of the pie to a landlord demanding under-the-table "key money" from a new tenant, a practice widely illegal including in New York, where the billionaire president built his real estate empire.

"TikTok is a big success, but a big portion of it is in the country," he said. "I think it's very fair."

But Trump also threw a surprise new condition in any deal, saying the sale of TikTok's US business would have to result in a significant payout to the US Treasury for initiating it.

"A very substantial portion of that price is going to have to come into the Treasury of the United States, because we're making it possible for this deal to happen," Trump told reporters.

"They don't have any rights unless we give it to them," he said.

The pressure for a sale of TikTok's US and international business, based in Los Angeles, left the company and ByteDance facing tough decisions.

Trump has made TikTok the latest front in the ongoing political and trade battles between Washington and Beijing.
The app has been under formal investigation on US national security grounds because it collects large amounts of personal data on all its users and is legally bound to share that with authorities in Beijing if they demand it.

Both its huge user base and its algorithm for collecting data make it hugely valuable.

But being forced by the US government to sell at least its US business or be shut down -- and to then split the sale price with the US Treasury as Trump is demanding -- was an almost unheard-of tactic.

Shutting down could force users to switch to competitors, and many content creators are already encouraging followers to follow them on other social media platforms.

"The most obvious beneficiaries are Snapchat, Facebook and Twitter, with Snapchat likely being the biggest beneficiary," said investment analysts at Lightshed Partners.

Earlier Monday, ByteDance founder Zhang Yiming acknowledged the hefty pressure and said in a letter to staff, reported by Chinese media, that they were working around-the-clock "for the best outcome."

"We have always been committed to ensuring user data security, as well as the platform neutrality and transparency," Zhang said.

However, he said, the company faces "mounting complexities across the geopolitical landscape and significant external pressure."

He said the company must confront the challenge from the United States, though "without giving up exploring any possibilities."

According to Britain's The Sun newspaper Monday, as a possible consequence of the pressure, ByteDance is planning to relocate TikTok's global operations to Britain.

China's foreign ministry pushed back Monday, calling Washington hypocritical for demanding TikTok be sold.
"The US is using an abused concept of national security and, without providing any evidence, is making presumptions of guilt and issuing threats to relevant companies," said spokesman Wang Wenbin.

"This goes against the principle of market economy and exposes the hypocrisy and typical double standards of the US in upholding so-called fairness and freedom," he added.

Copyright AFP. All rights reserved.

www.ibtimes.com

Trump Gives TikTok 6 Weeks To Sell Itself To US Company

Trump gives TikTok 6 weeks to sell itself to US company
www.ibtimes.com www.ibtimes.com
 
G

ghost

Veteran Member
jward said:
Trump says he will ban TikTok from operating in the US
By Brett Samuels - 07/31/20 10:24 PM EDT 285

1,789




Just In...


President Trump on Friday said he plans to ban the social media platform TikTok from operating in the United States.
“As far as TikTok is concerned, we’re banning them from the United States,” Trump told reporters aboard Air Force One.
The president said he could use emergency economic powers or an executive order as early as Saturday to officially bar the Chinese-owned company from the U.S. He signaled he was not supportive of allowing an American company to acquire TikTok.
TikTok did not immediately respond to a request for comment.

Trump's announcement came hours after reports that Microsoft was in talks to purchase popular TikTok from Beijing-based company ByteDance. That report emerged around the same time news outlets reported that Trump was considering signing an executive order requiring ByteDance to divest the U.S. portion of TikTok due to concerns that the company may be giving sensitive U.S. data collected through the app to the Chinese Communist Party (CCP).
TikTok has become wildly popular with young people and has hundreds of millions of users worldwide. The app often allows users to watch and create short videos featuring audio and other effects. The videos often go viral across other social media platforms.
Trump administration officials have for weeks floated taking action against TikTok due its connections to China.
Secretary of State Mike Pompeo made similar comments earlier this month, announcing that the Trump administration was considering banning Chinese apps, including TikTok, due to national security concerns.
The Treasury Department’s Committee on Foreign Investment in the United States (CFIUS) opened an investigation into ByteDance last year, while the House approved legislation last week banning the use of TikTok on federal devices.
Senators have also asked the Justice Department to open an investigation into TikTok, and have separately raised concerns the app could be used by the CCP to interfere in U.S. elections.
TikTok has pushed back against claims that it censors content and shares data with the CCP and attempted to distance itself from China. The company hired former Disney executive Kevin Mayer to serve as CEO earlier this year and relocated American data storage to the United States
posted for fair use
thehill.com

Trump says he will ban TikTok from operating in the US

President Trump on Friday said he plans to ban the social media platform TikTok from operating in the United States.“As far as TikTok is concerned, we’re banning them from the United States,” Trump…
thehill.com thehill.com
Click to expand...
I hopes he keeps his word to totally band TICTOK and the sue the company bought it?
 
jward

jward

passin' thru
ghost said:
I hopes he keeps his word to totally band TICTOK and the sue the company bought it?
Click to expand...
Steve Herman


@W7VOA
·
1h

Replying to
@W7VOA
Executive order prohibits, 45 days from now, "any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd" (parent of
@tiktok_us
).
https://twitter.com/i/web/status/1291540838783291393
View: https://twitter.com/W7VOA/status/1291540838783291393?s=20


Excerpt about his
@tiktok_us
executive order in letter sent by
@POTUS
to
@SpeakerPelosi
as part of the formal notification.
https://twitter.com/i/web/status/1291541584979296256
View: https://twitter.com/W7VOA/status/1291541584979296256?s=20


A similar ban, effective also in 45 days, slapped on
@WeChatApp
, according to a
@POTUS
executive order just issued.

https://twitter.com/i/web/status/1291546039548338178
View: https://twitter.com/W7VOA/status/1291546039548338178?s=20

"Like TikTok, WeChat automatically captures vast swaths of information from its users -- threatens to allow the Chinese Communist Party access to Americans' personal and proprietary information," says
@POTUS
in formal notice to
@SpeakerPelosi
.
 
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