About This Source - CGTN
This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.
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CGTN published this video item, entitled “State-sponsored pillage – in the name of national security” – below is their description.
The real reason behind TikTok’s forced sale is probably more politically motivated. Trump just doesn’t want to see a Chinese company succeeding wildly on America soil, and he wants to stick his hands into what he sees as a pot of gold as a side benefit of kicking it out. #TikTokCGTN YouTube Channel
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In This Story: Donald Trump
Donald John Trump was the 45th President of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.
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In This Story: TikTok
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.