President Trump says he will ban the popular short-form video app TikTok from operating in the United States
"As far as TikTok is concerned, we're banning them from the United States," Trump said to reporters while aboard Air Force One.Trump said he could use emergency economic powers or an executive order. It was not immediately clear what such an order would look like."Well, I have that authority," he said.
TikTok users panic as Trump admin considers banning appByteDance has been considering changes to its corporate structure and had reportedly already been looking into the possibility of selling a majority stake in TikTok.Microsoft is in talks to acquire TikTok, according to the New York Times, citing a person with knowledge of the discussions. Microsoft declined to comment to CNN Business. Trump firmly rejected the idea of a potential spin off deal satisfying national security concerns.
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