News > Donald Trump

TikTok threatens legal action against Trump's executive order to ban app

2 monthes ago   |   By New York Post

TikTok has threatened legal action following President Trump's executive order banning transactions beginning in 45 days between American firms and the Chinese parent company of the app.
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TikTok ‘shocked' by Trump's ban on transactions with its parent company, threatens legal action

TikTok ‘shocked' by Trump's ban on transactions with its parent company, threatens legal action

2 monthes ago   |   By RT

TikTok denied having ever shared user data with the Chinese government and threated to sue the Trump Administration after the US president signed an executive order that would ban Americans from dealing with its parent company.
“We are shocked by the recent Executive Order, which was issued without any due process,” the social media platform wrote on its website. “For nearly a year, we have sought to engage with the US government in good faith to provide a constructive solution to the concerns that have been expressed.”
What we encountered instead was that the Administration paid no...
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Trump's vaguely-worded executive order targeting Tencent initially wiped $45 billion off its value

Trump's vaguely-worded executive order targeting Tencent initially wiped $45 billion off its value

2 monthes ago   |   By Business Insider

Tencent's stock fell as much as 10% after Trump issued a vaguely-worded executive order banning US individuals and companies from doing business with its chat app WeChat.
A second order targeted TikTok owner ByteDance.
It was initially clear whether the order targeted Tencent's entire business. Tencent has a big presence in gaming, with stakes in Epic Games, Activision/Blizzard, and Ubisoft.
Tencent's stock recovered slightly after a White House official clarified the order only applied to WeChat.
Visit Business Insider's homepage for more stories .
Chinese tech giant Tencent's stock fell...
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