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ByteDance thinks TikTok US would have been worth $200bn within a few years. Now it may have to sell for between $15bn and $40bn

President Donald Trump issued an executive order on Thursday evening barring transactions with ByteDance, forcing the Chinese tech firm to divest itself of its U.S. TikTok operations

TikTok plans to sue President Donald Trump’s administration over the Aug. 6 executive order that will make it illegal for U.S. citizens to conduct transactions between TikTok’s parent company ByteDance, according to a report. #FOX35 

Twitter has approached TikTok’s Chinese owner ByteDance to express interest in acquiring US operations of the video-sharing app, two people familiar with the matter told #Reuters .

CGTN Explains: #ByteDance , an algorithm-backed firm with globalization ambitions

WATCH: TikTok owner ByteDance drew criticism in China after U.S. tech giant Microsoft formally declared its interest to buy the popular short-video app's U.S. operations $MSFT

REPORT: TikTok plans to sue President Donald Trump’s administration over the Aug. 6 executive order that will make it illegal for U.S. citizens to conduct transactions between TikTok’s parent company ByteDance, according to an exclusive report.

If ByteDance is forced to sell TikTok to another company, there are places worse than Microsoft where a media platform could wind up. Still, the maker of Microsoft Office is not an obvious choice to acquire a social video app popular with high schoolers.

More behind the scenes on this ‘brawl’: $MSFT #TikTok  #Bytedance 

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BREAKING: Trump signs executive order forcing the divestment of TikTok by it’s owner, ByteDance. Any company still doing business with TikTok in 45 days is subject to sanctions, Trump said

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ByteDance is a Chinese company subject to control of the Chinese Communist Party. Its ownership of TikTok puts at risks the privacy of Americans, especially our kids, and potentially subjects them to manipulation by Beijing.

BREAKING: President Trump just issued an executive order "on Addressing the Threat Posed by TikTok." It takes effect in 45 days, prohibits "any transaction" with ByteDance, the Chinese company that owns TikTok, and will almost certainly face legal challenges.

BREAKING: Microsoft is exploring an acquisition of TikTok’s operations in the U.S. as Trump plans to order ByteDance to divest its ownership

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Trump issues executive order to address the 'threat' posed by TikTok, saying that beginning in 45 days, any transaction subject to U.S. jurisdiction with ByteDance is prohibited

President Donald Trump issued executive orders banning any U.S. transactions with ByteDance, the Chinese company that owns video-sharing app TikTok, and Tencent, owner of the WeChat app, starting in 45 days

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JUST IN: President Trump has issued an executive order that would ban the social media app TikTok from operating in the US in 45 days if it is not sold by its Chinese parent company ByteDance

BREAKING: President Trump has agreed to give ByteDance 45 days to negotiate the sale of TikTok to Microsoft.

BREAKING: President Trump to sign order demanding ByteDance to sell its ownership in TikTok’s U.S. operations.

The claim by #TikTok  that they would not hand over user data to government of #China  if asked is laughable. Under Chinese law every Chinese company MUST hand over whatever data govt asks for & TikTok is owned by Byte-Dance a Chinese company.

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