US Edition
Lutnick: TikTok will go dark unless China agrees to US control
UNITED STATES, JUL 24 – TikTok faces a U.S. shutdown for 100 million users if China refuses U.S. control to address data security and content manipulation concerns, officials said.
- Howard Lutnick, President Trump's Commerce Secretary, stated that TikTok will go dark for American users if China does not agree to a deal for U.S. ownership control by September 17.
- Under a new law, it is illegal for American companies to host TikTok while it remains controlled by Chinese company ByteDance.
- Trump claimed he has identified wealthy buyers for TikTok, and he thinks China will likely approve the deal.
- TikTok CEO Shou Zi Chew asserted that ByteDance is not controlled by the Chinese government and does not share user information with it.
76 Articles
76 Articles
Commerce secretary says TikTok will go ‘dark’ if China, US can’t finalize deal
TikTok, the Chinese-owned social media app with more than 170 million American users, will cease operating in the United States unless China can approve a deal granting control of the app to an American owner, Commerce Secretary Howard Lutnick said. “It’s got to come out of Chinese control,” Lutnick said recently on CNBC’s “Squawk on the Street.” “We’ve made the decision. You can’t have Chinese control and have something on a hundred million Ame…
Lutnick: TikTok Will Soon 'Go Dark' Unless China Makes Deal to Sell Platform
The future of TikTok in the United States remains uncertain as the Trump administration threatens to shut down the Chinese app if a deal involving the sale of TikTok to U.S. buyers fails to materialize.
The short video app will go off the grid in the US if the Chinese government does not agree to a takeover by US investors, Lutnick said.
Howard Lutnick Says TikTok Is 'Going Dark' Unless Beijing Agrees To Hand It Over: 'Can't Have Chinese Control…On 100 Million American Phones' - Meta Platforms (NASDAQ:META), Blackstone (NYSE:BX)
On Thursday, U.S. Commerce Secretary Howard Lutnick said that TikTok will be banned unless China allows American ownership and control of the platform's algorithm and technology. What Happened: Speaking on CNBC's Squawk on the Street, Lutnick reinforced the Donald Trump administration's position that TikTok must be divested from Chinese parent, ByteDance, to remain operational in the U.S. "It's got to come out of Chinese control," Lutnick said. …
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