TikTok Isn't 'Going Anywhere,' Despite Trump's Threat of a U.S. Ban

Yolanda Curtis
August 2, 2020

Gaming legend and Twitch streamer Tyler "Ninja" Blevins also advised his audience to delete the app following concerns over the Chinese government's involvement in data collection through the app.

"As far as TikTok is concerned we're banning them from the United States", he told reporters on Air Force One. "They're going to make it sound like, 'Oh, it can't hurt you.' This, that and the other thing".

"TikTok has become the latest target, but we are not the enemy", he said.

The resulting uncertainty in TikTok's future has reportedly led ByteDance executives and investors to explore alternatives to avoid a United States ban.

ByteDance was said to be initially angling to nullify the political pressure by selling a partial stake in its USA operation to Microsoft. Previously, ByteDance was aiming to retain a minority stake in the usa business, a proposal the White House rejected. TikTok has approximately 80 million active daily users in the states and has a valuation estimated to be somewhere between $50 billion-$100 billion.

"The administration has very serious national security concerns over TikTok". We continue to evaluate future policy, ' the White House said in a statement, declining to comment on whether Trump would accept ByteDance's concession.

"We are here for the long run". As a result, the latest rumor calls for ByteDance to have nothing to do with the US operations of TikTok after the divestiture; Microsoft would end up running the app in the USA and be in charge of protecting all U.S. user data.

Microsoft and other USA companies, in recent days, reportedly have been looking to purchase the US operations of TikTok.

"What's the right answer?"

Without an entertainment service aimed at a broad audience, Microsoft has struggled to capture the increasingly lucrative videos flowing to YouTube, Facebook and more recently TikTok, which widely opened its ad tools this month. Win-win. Keeps competition alive and data out of the hands of the Chinese Communist Party'.

TikTok has refused to comment "on rumors or speculation", after the media requested to shed light on the paused talks.

The move comes as Trump has ratcheted up tensions with China during the coronavirus pandemic and stalled trade negotiations between the two nations.

The popularity of the short-form video app has soared, with TikTok thought to have about half a billion active users worldwide - and about 80 million in the United States - with a huge proportion of these in their teens or early 20s.

ByteDance had received a proposal from some of its investors, including Sequoia and General Atlantic, to transfer majority ownership of TikTok to them, Reuters reported on Wednesday.

She also pointed out that one of her most recent viral videos, in which she mocks Trump boasting about his cognitive test, wasn't even created on the app.

This is not the first time the USA government has ordered a company with a foreign-owned app to divest for reasons of national security. As a result, TikTok reportedly been under investigation.

TikTok has denied any links to Beijing, stressing that all its servers working for the American market are located in the US. Ordering the divestment of TikTok would not be the first time the White House has taken action over such concerns. The Chinese company behind the social media phenomenon is called ByteDance.

"TikTok US user data is stored in the US, with strict controls on employee access". The startup's investors include Japan's SoftBank Group Corp.

Other reports by iNewsToday