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Home Business & Finance TikTok has 45 Days to Sell or Get Out of USA

TikTok has 45 Days to Sell or Get Out of USA

Document Analysis NLP IA

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3:9
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sentiment

Sentiment0.11749888042991
objective
redaction

Subjectivity0.45487448375379
probably it's an affirmation
Affirmation0.26185344827586

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Key Concepts (and relevance score)

Summary (IA Generated)

A presidential executive order issued on August 6, 2020 effectively bans TikTok in 45 days.

The action also threatens American entrepreneurs that enjoyed income derived from traffic from TikTok.

According to the executive order, banning TikTok is a national security concern because of possible ties to the Chinese government.

This data collection threatens to allow the Chinese Communist Party access to Americans’ personal and proprietary information — potentially allowing China to track the locations of Federal employees and contractors, build dossiers of personal information for blackmail, and conduct corporate espionage.

However the app has become increasingly popular with mainstream businesses who use TikTok to build more traffic to their websites.

net site (@feelgoodfoodie1) has successfully used TikTok to increase the reach of her website.

TikTok has helped her grow her subscriber base and increase traffic to her site.

Still, because of the newness of the platform, established creators and brands don’t solely depend on it, so the impact would not be as harsh as it would for other more established platforms like Instagram and Facebook.

”.

The potential for TikTok being banned has introduced an atmosphere of uncertainty in content creators.

Popular technology researcher, blogger and Hong Kong software engineer Jane Manchun Wong, who is followed on Twitter by top Facebook and Instagram executives, tweeted it was unlikely China could engage in a meaningful tit for tat retaliatory response.

“While I’m not sure about the tit for tat approach, I don’t think there are much websites left that China can block to retaliate”.

She then listed the following sites as having already been blocked by China:.

China blocked the following websites over the past decade:.

data source: wikipedia (which is also blocked in China in 2019).

The presidential executive order issued on August 6, 2020 puts pressure on TikTok to divest itself of its U.

It may also put it at a bargaining disadvantage with potential buyer Microsoft because time is running out on TikTok.

Presidential Executive OrderExecutive Order on Addressing the Threat Posed by TikTok.


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