Guess, it getting tougher than expected for TikTok.
The United States President Trump has announced that there will be no extension for the TikTok. They have to find a US new owner for their operations to avoid being banned in the country.
According to Trump, “There’ll be no extension of the TikTok deadline,” on Thursday. “It’ll either be closed up or they’ll sell it,” he added.
US President Trump’s Announcement
On Thursday, Trump told the reporters on the Air Force One event that the deal to sell TikTok’s US business is still in the process for bidding, and the deadline will still be this month. Aside from this restriction, new rules require Beijing-based ByteDance to get a government license before selling the technology.
There have been many speculations that TikTok has been giving information to the Chinese Government, breaching data privacy. This rumor has pushed and stir Trump’s decision to ban the China-tech Giant. However, TikTok fought back and filed an executive order against Trump.
The US President highlighted that the TikTok deal’s deadline would be this Sept. 15, but the official deadline is still vague. The online video platform has grown over the past year that it was launched to over 100 million users in the US and 2 billion downloads around the globe.
“TikTok is loved by 100 million Americans because it’s a home for entertainment, self-expression, and connection,” said a TikTok spokesperson in an emailed statement Friday.
“We’re committed to continuing to bring joy to families and meaningful careers to those who create on our platform for many years to come,” Tiktok added.
TikTok has finally broken their silence against Trump Administration’s banning and executive order.
On Saturday, Tiktok has been the first company to confirm to pursue legal action towards the U.S. administration. Though, this has been expected since Friday, for there have been a lot of circulating rumors on TikTok’s move.
According to TikTok spokesman Josh Gartner to The Verge, “Even though we strongly disagree with the administration’s concerns, for nearly a year we have sought to engage in good faith to provide a constructive solution.”
“What we encountered instead was a lack of due process as the administration paid no attention to facts and tried to insert itself into negotiations between private businesses,” TikTok added.
Tiktok has skyrocketed in popularity over the past year, especially during the lockdown. Last April, the platform hit 2 billion downloads globally, with over 315 million downloads in the first quarter of 2020.
Trump Administration filed a motion against the lawsuit filed by Democracy and Technology (CDT) in June 2020. This case has been a significant test of Trump’s directive. They brought this because of Trump’s executive order against social media platforms.
U.S. President Trump threatens Section 230 of the U.S. law that protects social media companies from litigation. The lawsuit argued the executive order violates the First Amendment rights of social media platforms, which reduces free speech ability.