WASHINGTON: President Donald Trump was preparing an order requiring the fast-growing social media app TikTok to be divested from its Chinese parent firm on national security grounds, media reports said Friday.
The move comes following a review by the Committee on Foreign Investment in the US, which investigates deals affecting US national security.TikTok, which has become wildly popular, especially with young audiences viewing its short-form videos, has an estimated billion users worldwide.“We’re looking at TikTok. We may be banning TikTok. We may be doing some other things,” he said.
TikTok this week pledged a high level of transparency, including allowing reviews of its algorithms, to assure users and regulators.