US President Donald Trump has said that he would ban Tik Tok as soon as possible.
Trump said he could use emergency economic powers or executive orders to ban Tik Tok.
As far as Tik Tok is concerned, we are going to ban them in the US. Referring to emergency economic powers, the President said, 'I have this right. I can do this with an executive order. Bytedance acquired a Shanghai-based video app Musically.ly in 2017 for a billion dollars.
The following year it was launched as Tik Tok. There are 80 million users of this app in the US. The Wall Street Journal reported on Friday that Microsoft was in talks to acquire Tik Tok US operation.
According to people familiar with the matter, the deal is expected to be completed by Monday.
As far as Tik Tok is concerned, we are going to ban them in the US. Referring to emergency economic powers, the President said, 'I have this right. I can do this with an executive order. Bytedance acquired a Shanghai-based video app Musically.ly in 2017 for a billion dollars.
The following year it was launched as Tik Tok. There are 80 million users of this app in the US. The Wall Street Journal reported on Friday that Microsoft was in talks to acquire Tik Tok US operation.
According to people familiar with the matter, the deal is expected to be completed by Monday.
