According to media reports, US President Donald Trump wants to force the sale of the US business of the rapidly growing smartphone app TikTok. As the financial service Bloomberg and the Wall Street Journal reported, Trump is preparing an order that the platform be detached from its Chinese parent company for reasons of national security. Microsoft is traded as a potential buyer.
"We're looking at TikTok. We may ban TikTok. Maybe we can do other things," Trump said of the process. There are many options, the President indicated.
In the United States, TikTok was last reviewed by the Committee on Foreign Investment (CFIUS). According to this, there are concerns that the service of the China-based company ByteDance will pass user data on to the Chinese government. The company repeatedly denied the allegations.
TikTok is especially popular with young people. The video platform was created by merging with the Sing Along app Musical.ly, which was successful with a lip synchronization function for self-made videos. It started in 2017 - since then the app has won hundreds of millions of users.