Trump: no postponement for the ban on TikTok in the USA

Trump: no postponement for the ban on TikTok in the USA
No extension to the established terms: Donald Trump remains firm on his position and asks that the acquisition of TikTok be completed shortly otherwise the platform will be hit by a ban in the United States. Recall that Microsoft, Oracle, Walmart and perhaps Twitter are in the running to reach out to social media.

TikTok: no acquisition ban in the US on 20/09

The negotiation phase It suddenly got complicated last week when the Chinese government introduced a new law that requires Beijing to obtain authorization before handing over "sensitive technologies" to foreign entities. The category would include artificial intelligence algorithms that regulate the indexing of content on the service currently controlled by ByteDance. These are the words of the US President, collected on the occasion of a trip to Michigan for a stage of the electoral campaign that will end in the fall with the call to the polls of US citizens.

We will close TikTok in this country for security reasons if it is not sold. There will be no extensions of the deadlines.

To be honest there is some confusion regarding the deadlines: Trump has officially spoken of September 20 as the date for the introduction of the ban, while Microsoft speculated at the beginning of August that it could be ready for an official announcement already by September 15, therefore in a few days. The exponents of the CFIUS (Committee on Foreign Investment in the United States) have instead cited mid-November as the deadline within which to take a decision on the matter.




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