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Trump administration will order sale of TikTok’s US business: report

Trump administration will order sale of TikTok's US business: report

The United States is preparing to take its most drastic action yet against the Beijing-based owner of popular social media app TikTok.

China’s ByteDance will be ordered to sell TikTok’s US operations, according to Bloomberg, due to concerns over the Chinese government potentially gaining access to user data.

Reports of the looming announcement come just days after President Trump said he was considering a ban of the short-form video platform.

“We’re looking at TikTok,” Trump told reporters at the White House on Wednesday. “We’re thinking about making a decision.”

A group of US investors, including Silicon Valley big shot Sequoia Capital, were reportedly in discussions last week to buy the platform’s American business in hopes of lessening scrutiny on the app.

Joe Biden’s presidential campaign this week ordered staffers to delete TikTok off of their phones, while the House of Representatives earlier this month voted to ban federal employees from downloading TikTok onto government-issued phones.

TikTok has said it has never provided user data to China and that it would not do so if asked, saying in a statement that it has “no higher priority than promoting a safe app experience that protects our users’ privacy.”

The company last month tapped former Disney executive Kevin Mayer to be its US CEO.

A representative for TikTok did not respond to The Post’s request for comment.

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Steve Murphy

Steve Murphy has handled various businesses throughout his career and has a deep domain knowledge. He founded Report Door in an attempt to bring the latest news to its readers. He is glued to the stock market most of the times and just loves being in touch with the developments in the business world.

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