Tik Tok is one of the most used social apps, with over 1 billion users around the globe. It exploded in downloads in the United States and over lots of countries…
However, the popularity of this app and its earnings could be changed dramatically by the very last declaration of the American leader Donald Trump.
This Friday night, he announced the effective banning of the popular application from operating in the US. He also rejected a deal for the Microsoft Corporation to buy it from its parent company…
“As far as Tik Tok is concerned, we’re banning them from the United States”, declared Trump to the reporters. He also replicated “Well, I have the authority”, saying that he could use an executive order or economic powers.
Treasury Secretary Steven Mnuchin said to reporters that the US government is also leading a national security review of this app, preparing for a policy recommendation to the president.
Bytedance had already become into the persuading of selling the majority punt in Tik Tok. In acquiring Tik Tok is in talks the Microsoft, according to the New York Times. As national security concerns, Trump rejected the idea.
In the end, the professionalizes have said there is no evidence the Tik Tok’s data have been hacked by the Chinese admins, declaring that “potential risk to national security is largely theoretical” as CNN BUSINESS write.
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