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TikTok may be SAVED from ban as Chinese company agrees to withdraw and app says ‘we’re not going anywhere’
CHINA’S ByteDance has agreed to completely exit the US operations of TikTok completely in a bid to save a deal with the White House, after Donald Trump announced a ban of the Chinese-owned platform.
ByteDance was previously seeking to keep minority stake in the US business of TikTok, which the White House rejected, now the China based company is letting Microsoft take full control over TikTok in the US.
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According to , under ByteDance’s new proposal Microsoft will be in charge of protecting all US user data.
The plan allows for another US company other than Microsoft to take over TikTok in the United States.
On Saturday, telling it's users "we're not planning going anywhere."
“We’ve heard your outpouring of support and we want to say thank you. We’re not planning on going anywhere," the company said in a video posted on Twitter.
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The news from ByteDance comes on the heels of , which he could act on by Saturday.
“As far as TikTok is concerned, we’re banning them from the United States,” the president told reporters on Friday.
Trump said he could use emergency economic powers or an executive order to enforce the action.
“I have that authority,” he said aboard the presidential plane.
After the president’s announcement several to their followers.
Addison Rae, a social media personality and dancer, who has accumulated 53million followers on TikTok voiced her reaction to the , simply saying, “bitter.”
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An upset , who has over 32million followers on the platform, shared a sad video of herself frowning without saying a word, with a caption that read “yeah.”
ByteDance has been considering a range of options for TikTok amid US pressure to relinquish control of the app, which allows users to create, watch and engage with videos that range from fun dance trends to beekeepers rescuing honeybees.
The video-sharing platform has become widely popular among young people over the year and an estimated 80million Americans are said to be using TikTok.
But while it’s considered fun by users, US lawmakers have about the company’s ownership.
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In the Twitter video, TikTok assured safety and security to it's users.
"When it comes to safety and security we're building the safest app because we know it's the right thing to do," the company said in a video
TikTok has denied the allegations that it shares user data with the Chinese government.
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