Trump: “No extension for TikTok sale”
September 11, 2020
TikTok has until September 15th to find an American buyer for its US operations, and that will not change.
“There will be no extension of the TikTok deadline,” US President Donald Trump stated.
Trump has previously given ByteDance, the Chinese owner of the video-sharing app, 45 days to sell it. If ByteDance doesn’t sell the app, then US firms will be barred from doing business with it after the deadline has elapsed.
“We’ll see what happens. It’ll either be closed up or they’ll sell it,” said Trump.
According to Trump, TikTok and other Chinese apps that collect data on US citizens pose a threat to national security.
Other posts by :
- Major banks support AST SpaceMobile
- Fitch downgrades DirecTV debt
- Some new US Starlink subs face $1,000 start-up fee
- Project Kuiper beating OneWeb
- OQ Tech gets Luxembourg 5G-by-Sat concession
- Roskosmos: Heads roll, launch project scrapped
- MDA under pressure over satellite order
- SES backs C-band action from FCC
