ByteDance may have slightly longer to sell TikTok but Trump has also strengthened his hand, analysts say

ByteDance may have slightly longer to sell TikTok but Trump has also strengthened his hand, analysts say

Friday’s announcement also authorises US officials to inspect TikTok and ByteDance’s books and information systems, to ensure the safety of personal data while the sale talks are ongoing. Among other things, the order requires ByteDance to destroy any data from TikTok users in the United States.

Apple and other companies warn White House about WeChat ban

Apple and other companies warn White House about WeChat ban

The WeChat ban is especially problematic for U.S. companies, as it’s an absolutely massive chat app in China, with 1.2 billion global users. For example, if Apple were not able to allow WeChat on the iPhone, it would make iPhones a lot less desirable in China (think how undesirable Huawei phones are right now in the U.S., with Google’s Play store and many other services taken away from them). Furthermore, China could retaliate against U.S. companies, effectively barring them from the lucrative Chinese market.

Trump issues ban on US groups dealing with TikTok and WeChat

Trump issues ban on US groups dealing with TikTok and WeChat

Tencent, the Shenzhen-based technology company, opened a US office in 2013 with the aim of expanding WeChat’s popularity in the US. WeChat does not disclose how many of them are in the US but the app is used by the Chinese diaspora and businesspeople to deal with those in mainland China, where the app is a must-have utility.

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Trump’s ban against WeChat owner Tencent could have huge implications for U.S. companies