US President extends another 45 days for Byte Dance to Divest interest in Tik Tok Operations

Vastavam web: US President ordered ByteDance on Friday to divest the U.S. operations of its video-sharing app TikTok within 90 days, the latest effort to ramp up pressure on the Chinese company over concerns about the safety of the personal data it handles. Trump’s latest move comes on top of an executive order he issued last week that would prohibit certain transactions with TikTok unless ByteDance divests it within 45 days. ByteDance is already in talks to sell the North America, Australia and New Zealand operations of TikTok to Microsoft Corp.

The new order adds to pressure for ByteDance to divest TikTok, and legally buttresses the U.S. government’s crackdown on the Chinese-owned social media app. While TikTok is best known for its anodyne videos of people dancing and going viral among teenagers, U.S. officials have expressed concerns that information on users could be passed on to China’s communist government. Trump has said he would support an effort by Microsoft to buy TikTok’s American operations if the U.S. government got a “substantial portion” of the proceeds but has also said there are other interested potential buyers.