TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019.
Dado Ruvic | Reuters
President Donald Trump issued an executive order Friday that will force China’s ByteDance to sell or spin off its U.S. TikTok business within 90 days.
“There is credible evidence that leads me to believe that ByteDance … might take action that threatens to impair the national security of the United States,” Trump said in his order.
The order was seen as good news for TikTok — a wildly popular short form video-sharing app — and its future in the U.S., at least relative to an earlier one from Trump last week. The prior executive order could…
Source cnbc.com