TikTok asks court to intervene as Trump orders shutdown of video-sharing app
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Popular video-sharing app TikTok has asked a federal court to intervene its future in limbo since President Donald Trump tried to shut it down earlier this fall. TikTok’s Chinese owner ByteDance has until Thursday to sell off its US operations under an executive order that Trump signed in August. Earlier in September, Trump gave his tentative blessing to a ByteDance proposal meant to resolve U.S. national security concerns by placing TikTok under the oversight of American companies Oracle and Walmart, each of which would also have a financial stake in the company.
Popular video-sharing app TikTok has asked a federal court to intervene its future in limbo since President Donald Trump tried to shut it down earlier this fall. TikTok’s Chinese owner ByteDance has until Thursday to sell off its US operations under an executive order that Trump signed in August. Earlier in September, Trump gave his tentative blessing to a ByteDance proposal meant to resolve U.S. national security concerns by placing TikTok under the oversight of American companies Oracle and Walmart, each of which would also have a financial stake in the company.
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