Chinese owned parent company ByteDance is at great risk as US President Donald Trump said,
“We’ll either close up, TikTok in this country for security reasons or it’ll be sold,” Trump told reporters on Thursday before a trip to Michigan. “I’m not extending deadlines.”
The U.S has always been concern about security and threats and according to the U.S administration, TikTok is a huge threat. Tiktok might be transferring information to their home ground Beijing and that is an invasion for others.
As TikTok is been sold out and many companies are lined up to buy the company and we all know that ByteDance is already in negotiation with, Microsoft. Other companies are also peeking from the window hoping to get their hand on TikTok now rumors say Walmart can also be a potential buyer.
“TikTok is loved by 100 million Americans because it’s a home for entertainment, self-expression, and connection,” said TikTok spokesperson and according to cybersecurity experts the potential of invasion of national security is theoretical and no such evidence has been found yet.
TikTok is a huge company that has emerged in this few years but if this company does not get sell out then it might get abolish soon and right now Trump administration clearly shows that they do not want to compromise their level of privacy.