The future of one of the world’s fastest-growing social media companies may be in the hands of a politician. That sentence should scare you.
Last month, President Trump signed an executive order prohibiting Chinese mobile apps WeChat and TikTok from operating in the United States beginning this month. However, there may be hope for one or both of these apps if they can find American buyers quickly. Trump supports a potential deal that would allow Oracle and Walmart investors to take majority ownership of TikTok. The parties are awaiting approval from Beijing, which has been complicated by recent Chinese restrictions on selling technologies to foreign companies.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
Already a member? Log in
