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 :
- Oman’s Spaceport ready for fast-track launches
- Bank uplifts RocketLab
- AST SpaceMobile’s BlueBird/FM1 en route to India
- D2D satellite battle hots up
- Eutelsat share price rockets
- AST SpaceMobile recovers after Verizon agreement
- Bank has mixed messages for AST SpaceMobile
- EchoStar clears key regulatory hurdles for Starlink deal
- Starlinks falling to Earth every day