In line with the announcement by the Division of Commerce, “In response to President Trump’s Government Orders signed August 6, 2020, the Division of Commerce (Commerce) at the moment introduced prohibitions on transactions referring to cell functions (apps) WeChat and TikTok to safeguard the nationwide safety of the USA.”
It was beforehand thought that TikTok could possibly be “saved” when it was revealed that Oracle would help manage TikTok’s operations, thus doubtlessly assuaging any nationwide safety considerations. Nevertheless, a report from Bloomberg revealed that US President Donald Trump had said that he didn’t like that deal and wouldn’t be signing off on it.
Observe that this solely impacts TikTok and WeChat’s operations within the US. Each apps will proceed to operate completely wonderful and regular in different international locations that it operates in. The ban additionally spells unhealthy information for firms comparable to Apple, the place an earlier survey prompt that customers in China would rather give up their iPhones than lose access to WeChat.