China's ByteDance gets Trump nod to avoid TikTok shutdown


FILE PHOTO: TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken Nov. 27, 2019. REUTERS/Dado Ruvic/Illustration

WASHINGTON/NEW YORK: U.S. President Donald Trump said on Saturday he supported a deal in principle that would allow TikTok to continue to operate in the United States, even as it appeared to conflict with his earlier order for China's ByteDance to divest the video app.

ByteDance was racing to avoid a crackdown on TikTok after the U.S. Commerce Department said on Friday it would block new downloads and updates to the app come Sunday. U.S. officials had expressed concern that the personal data of as many as 100 million Americans that use the app were being passed on to China's Communist Party government.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

TikTok , ByteDance , Trump , Oracle , Walmart

   

Next In Business News

Oil settles higher on Mideast supply concerns
MAA to sell entire stake in Turiya for RM53mil
Tesla’s plan for affordable cars takes page from Detroit rivals
Singapore’s growth trajectory remains intact and on track for faster growth in 2024
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Rising data centre ability
CMM seeks feedback on Sector Guides for ESG disclosures
Making scents of success
Blackstone, KKR mortgage REITs stung by office debt challenges
Sapura Energy takes a step to turn the tide

Others Also Read