Bloomberg Law
July 31, 2020, 6:45 PM

Trump to Order China’s ByteDance to Sell TikTok in U.S. (2)

Jennifer Jacobs
Jennifer Jacobs
Bloomberg News
Saleha Mohsin
Saleha Mohsin
Bloomberg News
Jenny Leonard
Jenny Leonard
Bloomberg News

President Donald Trump plans to announce a decision ordering China’s ByteDance Ltd. to divest its ownership of the music-video app TikTok, which is popular with U.S. teens, according to people familiar with the matter.

The U.S. has been investigating potential national security risks due to the company’s control of the app, and Trump’s decision could be announced as soon as Friday, the people said.

“We are looking at TikTok. We may be banning TikTok,” Trump told reporters at the White House Friday. “We are looking at a lot of alternatives with respect to TikTok.”

Spokespeople for the White House and ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.