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Trump Orders TikTok Parent Company to Sell US Assets, Authorizes Full Audit
Share Nowinvoked the Defense Production Act on Aug. 14 to order the Chinese parent company of the app to divest its U.S. assets in 90 days and authorized U.S. officials to access the company’s premises to conduct an audit ensuring the company is not endangering national security.The executive order is the latest in Trump’s campaign against the app, which U.S. officials and experts believe acts as spyware for the (CCP). The order deems illegal the acquisition of the musical.ly app by ByteDance, TikTok’s Beijing-based parent company. ByteDance rebranded musical.ly as TikTok after the...…Share Nowinvoked the Defense Production Act on Aug. 14 to order the Chinese parent company of the app to divest its U.S. assets in 90 days and authorized U.S. officials to access the company’s premises to conduct an audit ensuring the company is not endangering national security.The executive order is the latest in Trump’s campaign against the app, which U.S. officials and experts believe acts as spyware for the (CCP). The order deems illegal the acquisition of the musical.ly app by ByteDance, TikTok’s Beijing-based parent company. ByteDance rebranded musical.ly as TikTok after the...WW…
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