Trump Signs Order to Transfer TikTok to US Ownership

President Donald Trump has signed an executive order to transfer the ownership of TikTok, a popular social media app, to a U.S. company. The order gives ByteDance, TikTok's parent company, 45 days to sell its U.S. operations to an American firm or face a nationwide ban. Trump stated that the app poses a national security threat, citing concerns over the potential misuse of user data by the Chinese government. The administration has pushed for a complete separation of TikTok's U.S. operations from its Chinese parent company, ByteDance. Microsoft and Oracle are among the companies that have expressed interest in acquiring TikTok's U.S. business. The move is seen as part of the ongoing tensions between the U.S. and China over trade, technology, and national security issues. The order underscores the administration's focus on addressing perceived security risks associated with Chinese-owned technology platforms operating in the United States.