President Trump issued an executive order late Friday giving ByteDance, the Chinese parent company of TikTok, 90 days to divest its U.S. operations. (Politico)
In his order, Trump said that Beijing-based ByteDance “might take action that threatens to impair the national security of the United States” and ordered it to sell off any assets that it uses to support ByteDance’s operation of TikTok within the country’s borders. (WSJ)
That means ByteDance will have until Nov. 12 to find a U.S.-based buyer (or buyers) for TikTok operations in America. (Variety)
It remains unclear what the TikTok orders mean for the app’s 100 million U.S. users, many of them teenagers or young adults who use it to post and watch short-form videos. Trump on Friday also ordered ByteDance to divest itself of “any data obtained or derived” from TikTok users in the U.S. (AP)
The new order joins another one issued earlier in August that gave U.S. companies 45 days to cease doing business with ByteDance (as well as WeChat owner Tencent). (Mashable)