Skip to main content

Trump's push to ban TikTok in the US, explained in 30 seconds

* TikTok, the video-sharing platform that's become a mainstay of internet culture, is facing an uncertain future in the US, due to its ties to China thanks to its parent company ByteDance. * After months of raising concerns about TikTok's national-security risks, the Trump administration took action this week aimed at banning the app in the US. However, it's still unclear whether Donald Trump has the power to do such a thing. * Now, ByteDance has less than 45 days to avoid a ban by finalizing a deal for a US company to take over TikTok's US operations. Microsoft is the frontrunner in the deal, which is estimated to be valued between $10 billion and $30 billion. * Visit Business Insider's homepage for more stories. Here's everything you need to go about what's going on with Trump's attempt to ban TikTok — explained in just 30 seconds. TikTok, a product of the massive Chinese company ByteDance, came to the US in 2018. The app's addictive recommendation engine and simple video-making process quickly turned it into a mainstay in internet culture. It now has more than 100 million users in the US. As TikTok's popularity has grown, so has scrutiny from US lawmakers over its roots in China, a country President Donald Trump has readily painted as an enemy. Chinese law requires domestic companies to "cooperate" with the state's security efforts — a connection that raised concerns about the government's influence over TikTok content moderation in the US and its access to American users' data. The US government quietly launched an investigation in November 2019 into TikTok's potential national-security risks, a review led by a government body called CFIUS. TikTok's popularity continued to rocket during the coronavirus pandemic. Mainstream attention turned to TikTok when its userbase mobilized to falsely inflate the expected attendance for a major Trump rally in Tulsa, Oklahoma. At the start of July 2020, Trump administration officials first stated publicly they were considering banning TikTok in the US.  On July 31, reports emerged the president would soon turn his words into action as the Trump administration weighed two executive orders: a nationwide TikTok ban, or a directive that ByteDance divest its TikTok operations in the US. In anticipation of a ban, ByteDance started shopping around for potential buyers. Although Trump seemed to initially lean toward a ban, he acquiesced in allowing ByteDance to hold talks to sell off TikTok's US operations — an acquisition in which that Microsoft appears to be the eager frontrunner. Trump has given ByteDance until Sept. 15 to find a buyer, or he says he'll ban TikTok. He's also issued an executive order, set to take effect in less than 45 days, that will bar US companies and entities from "any transactions" with TikTok and ByteDance. However, it's unclear whether Trump has the power to issue a nationwide ban on an app like TikTok. Experts have questioned whether such action could violate Americans' First Amendment rights, and how effective the ban be in practice. SEE ALSO: No, Donald Trump can't 'ban' TikTok Join the conversation about this story » NOW WATCH: Here's what it's like to travel during the coronavirus outbreak
https://bit.ly/33DxHQt

Popular posts from this blog

Why an early exec quit unicorn food delivery startup Deliveroo to launch a food business in the middle of a pandemic

* A former Deliveroo exec has launched a market food hall startup in the middle of COVID-19. * Dan Warne was managing director of the unicorn startup until 2019, but has now launched Sessions Market as a community food hall concept to rejuvenate UK towns after the pandemic. * Warne says he hopes to bring his experience from Deliveroo, particularly about customer behavior, to the analogue world of food halls. * The first venue, Shelter Hall on Brighton seafront, launches July 4. * Visit Business Insider's homepage for more stories. On Saturday, the UK's bars, restaurants, and cinemas will fling their doors open to customers for the first time since a strict lockdown commenced in late March. Given continued public health concerns around the coronavirus pandemic, it might be unwise to open a new food business right now. But Dan Warne, a former high-level executive at British unicorn startup Deliveroo, has launched Sessions Market, a series of community-orientated food hal...

'What is the X-Ray feature on Amazon Prime Video?': How to find and view bonus material about TV shows and movies

* X-Ray is an exclusive feature on Amazon Prime Video that displays bonus material about a show or movie, similar to the bonus features on a DVD. * X-Ray can show you information about the actors in a scene, the musical soundtrack, trivia, and more. * To activate X-Ray, you generally only need to click or tap within a video that's currently playing.   * Visit Business Insider's Tech Reference library for more stories. Amazon Prime Video's X-Ray feature is, at least for now, not available on any other video streaming service. X-Ray works like the bonus features you find on a DVD or Blu-ray. With just a few clicks or taps, you can get additional information about many of the TV shows and movies on Prime Video. When you activate X-Ray, Prime displays an overlay on top of your show, offering additional information.  Check out the products mentioned in this article: Amazon Prime Video ($8.99 a month at Amazon) Roku (from $49.99 at Roku) There are several kinds of info...

Here are the 9 health-tech startups that got coronavirus stimulus loans to keep workers employed during the pandemic

* The Paycheck Protection Program, created by Congress as part of a $2 trillion coronavirus bailout, helped small businesses stay afloat as they struggled economically during the pandemic.  * Businesses were allowed to qualify for up to $10 million in loans.  * On Monday, the Trump administration released the list of companies that borrowed most of the money. We spotted some applications from health-tech companies among their ranks, many of which are backed by venture capital firms.  * Companies that applied for loans include ZocDoc, HealthTap, Bright.md, and Wildflower Health. * For more stories like this, sign up here for our healthcare newsletter, Dispensed. Health-tech startups were among the recipients of federal loans intended to help small businesses stay afloat during the coronavirus pandemic.  Several of the startups have raised tens of millions from venture capital firms. Still, their business models became strained amid the pandemic, they told Business Insider.  Eve...