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TikTok: Donald Trump administration grants video app seven days

2020-11-27T12:23:10.089Z


The wrangling over the future of the short video app continues. Now the US Treasury Department has once again postponed the threatened sanctions against TikTok's Chinese parent company.


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Logos of the video app TikTok (archive image)

Photo: Dado Ruvic / REUTERS

The Tiktok video platform can still be used in the US for the time being: The US Committee for Foreign Investments extended the deadline for the Chinese Tiktok parent company, which has to find a buyer for its activities in the US, to December 4th.

The last time there was a two-week delay on November 13th.

A spokesman for the Ministry of Finance justified the additional seven days by saying that a recently submitted "revised filing" had to be checked.

This could mean a recently submitted proposal that TikTok's parent company ByteDance is said to have made, according to research by the Reuters news agency.

With the proposal, the Chinese company ByteDance wants to address concerns of the US government about TikTok.

US President Donald Trump wanted to get ByteDance to sell the US branch of TikTok to a company from the USA with the prohibition regulation from the beginning of August.

The US government justified its action with the fact that TikTok represented a threat to "national security".

Trump suspects ByteDance of using TikTok for espionage and of forwarding user data to the Chinese government.

The company denies this.

(Read the background to the dispute over TikTok between the USA and China here)

ByteDance is negotiating with the US software company Oracle and the retail giant Walmart about the sale of the US branch of TikTok.

The app has around a hundred million users in the United States.

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hpp / reuters / afp

Source: spiegel

All tech articles on 2020-11-27

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