bytedance, china, chinese app ban, tencent investments, tiktok, wechat

WeChat and TikTok Banned

Citing national security concerns, President Trump issued an executive order (EO) on August 6, 2020, to prohibit any U.S. company or person from transacting with ByteDance, the Chinese parent company of TikTok and messaging app WeChat. The executive orders take effect within 45 days, after which the U.S. Secretary of Commerce, Wilbur Ross, will further ...

Michael Segarty

WeChat app on a smartphone.