It’s unclear precisely what steps Trump plans to take separate the U.S. model of the app from its Chinese language homeowners. In line with Gasparino, Trump might drive a sale by way of the Committee on Overseas Funding in the US (CFIUS). The Trump administration used an analogous tactic final yr when it pressured the Chinese language proprietor of Grindr to sell the courting app to a U.S purchaser.
In a press release, a spokesperson for TikTok mentioned the corporate is “assured within the long-term success” of the app. “Whereas we don’t touch upon rumors or hypothesis, we’re assured within the long-term success of TikTok,” the spokesperson mentioned. “A whole lot of hundreds of thousands of individuals come to TikTok for leisure and connection, together with our group of creators and artists who’re constructing livelihoods from the platform. We’re motivated by their ardour and creativity, and dedicated to defending their privateness and security as we proceed working to carry pleasure to households and significant careers to those that create on our platform.”
Microsoft didn’t instantly reply to a request for remark.
The information comes after weeks of hypothesis about TikTok’s future within the U.S. Secretary of State Mike Pompeo mentioned earlier this month that the federal government was “looking at” banning the app, and Congress has not too long ago moved to bar TikTok from federally-issued gadgets.
TikTok has maintained that the app operates independently from its Chinese language mother or father firm, and that it wouldn’t cooperate with requests at hand over consumer information. The corporate not too long ago appointed an American CEO, former Disney government Kevin Mayer, and has taken a number of steps to extend transparency of its insurance policies and product.