Trump steps back from the brink as he approves TikTok’s sale, while WeChat wins an 11th hour reprieve from outright curbs

//Trump steps back from the brink as he approves TikTok’s sale, while WeChat wins an 11th hour reprieve from outright curbs

Trump steps back from the brink as he approves TikTok’s sale, while WeChat wins an 11th hour reprieve from outright curbs

In the end, US President Donald Trump blinked in the stand-off between the US and China over TikTok.Trump, who demanded an outright sale of TikTok’s US business over national security and data privacy concerns, took a step back on Saturday after China issued updated export rules and as concerns mounted over a backlash ahead of the November presidential election, according to analysts. Separately, his attempt to ban Tencent Holding’s WeChat was put on hold by a judge.The new export controls,…

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By | 2020-09-20T11:56:58+00:00 September 20th, 2020|Technology|Comments Off on Trump steps back from the brink as he approves TikTok’s sale, while WeChat wins an 11th hour reprieve from outright curbs