{"id":76554,"date":"2020-09-09T06:00:04","date_gmt":"2020-09-09T11:00:04","guid":{"rendered":"https:\/\/fordhamram.com\/?p=76554"},"modified":"2020-09-08T23:11:00","modified_gmt":"2020-09-09T04:11:00","slug":"trump-calls-tiktoks-future-into-question","status":"publish","type":"post","link":"https:\/\/fordhamram.com\/76554\/culture\/trump-calls-tiktoks-future-into-question\/","title":{"rendered":"Trump Calls Tiktok’s Future Into Question"},"content":{"rendered":"
The clock is ticking on TikTok\u2019s future. If the app is not sold to a U.S. buyer by mid-November, it will be effectively banned in the U.S. and over 175 million Americans will lose access to one of their new favorite pastimes.<\/span><\/p>\n On Aug. 6, President Trump signed an executive order prohibiting Americans from doing business with ByteDance, the China-based company that owns TikTok, if the app is not sold to a U.S. buyer in the next 90 days.<\/span><\/p>\n \u201cThere is credible evidence that leads me to believe that ByteDance … might take action that threatens to impair the national security of the United States,\u201d Trump wrote in the order. He referenced national security concerns due to ByteDance\u2019s alleged connections to the Chinese government and the possibility the company could share users\u2019 data with it.<\/span><\/p>\n After originally setting a mid-September\u00a0 date for the ban, Trump extended the deadline for an American purchase of TikTok to Nov. 12 in an updated executive order released Aug. 14.<\/span><\/p>\n Trump\u2019s order has sparked outrage from millions of dance-crazed teens and other loyal users of the app. \u201cTikTok is loved by over 100 million Americans because it is a home for entertainment, self-expression and connection,\u201d said Vanessa Pappas, general manager of TikTok. \u201cTikTok will be here for many years to come.\u201d<\/span><\/p>\n While publicly TikTok has continued to remain optimistic, internally, the company is under enormous pressure to secure a deal and fulfill Trump\u2019s demands. The challenges proved insurmountable for Kevin Mayer, the former Disney executive who resigned just months after being named TikTok\u2019s CEO.<\/span><\/p>\n Not anticipating the extent to which the app would become involved in tension between China and the U.S., Mayer said in a letter to employees, \u201cIn recent weeks, as the political environment has sharply changed, I have done significant reflection on \u2026 what it means for the global role I signed up for.\u201d However, he added that he expects the company to reach a resolution on their potential deal soon.<\/span><\/p>\n Amid Mayers\u2019 resignation, Microsoft has remained in talks with TikTok to acquire the U.S. operations of the app. Walmart has partnered with Microsoft on the potential bid but\u00a0 faces competition from Oracle, who has also reportedly submitted a bid in what could be as large as a $50 billion deal.<\/span><\/p>\n However, regardless of who wins out, the potential deal faces new roadblocks from the Chinese government, who recently updated its restrictions on technological exports. This means that TikTok may need approval from the Chinese government to sell its algorithm, whose main component is the app\u2019s iconic \u201cFor You Page\u201d (FYP). Although the app could still be sold separately from the algorithm, is TikTok really TikTok without the FYP?<\/span><\/p>\n Aside from potential roadblocks from the Chinese government, the TikTok deal is also subject to President Trump\u2019s approval. Given his history of indecisiveness, it is unclear whether or not Trump will approve of the buyer and the conditions of the sale. On the contrary, it is also possible that he will back down completely on his ultimatum, given the proximity of the new deadline and the upcoming election.<\/span><\/p>\n