Donald Trump sets deadline for TikTok US ban unless company is sold

President Donald Trump sets a deadline for September 15th for Tik Tok, popular Chinese-owned video app , to be sold to a U.S. company or he will shut it down.
“So it will close down on September 15th, unless Microsoft or someone else is able to buy it and work out a deal, an appropriate deal so the Treasury of the, the Treasury of the United States gets a lot of money, a lot of money.”

This comes after Trump first threaten to shut down the app because of claims it is a source of national security and censorship concerns.

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TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.

ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.

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