UPDATE 2: Secretary of State Mike Pompeo said on Sunday that Trump “will take action in the coming days” on TikTok and other Chinese based apps. On Friday afternoon, the president said that he would ban the short-form video app on Saturday. As of Sunday, no action has officially been taken.
UPDATE: The Wall Street Journal is reporting that Microsoft and ByteDance have put talks on hold as the companies seek to get clarity from the White House. The two firms had been in talks, a source familiar with the negotiations said, and Trump’s comments last night caught them …
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