The New York Times reporting that President-elect Trump is considering an executive order to circumvent the TIcTok ban.
The order would allow TicTok to continue to operate until a new owner is found. The Supreme Court is poised to decide on a federal law mandating TikTok's Chinese parent company, ByteDance, to sell the app by January 19 or face a U.S. ban.
U.S. officials have expressed concerns that China could exploit TikTok to access Americans' private data and disseminate covert disinformation. TikTok has argued that a sale is unfeasible and has contested the law, awaiting the Supreme Court's decision.
This article was written by Greg Michalowski at www.forexlive.com.
The order would allow TicTok to continue to operate until a new owner is found. The Supreme Court is poised to decide on a federal law mandating TikTok's Chinese parent company, ByteDance, to sell the app by January 19 or face a U.S. ban.
U.S. officials have expressed concerns that China could exploit TikTok to access Americans' private data and disseminate covert disinformation. TikTok has argued that a sale is unfeasible and has contested the law, awaiting the Supreme Court's decision.
This article was written by Greg Michalowski at www.forexlive.com.