News > Trump signs executive order banning transactions with ByteDance after 45 days

Trump signs executive order banning transactions with ByteDance after 45 days

07/08/2020 07:37 AM | Click to read full article

US President Donald Trump has signed an executive order for banning transactions with TikTok parent company ByteDance after 45 days.

This development has come amid technology giant's Microsoft ongoing talks with TikTok to purchase its America operations as chorus grows among lawmakers in the United States for banning the Chinese video making-sharing app over security concerns of users' data and privacy.