TikTok WeChat Ban | The New Cold War Between US and China And Its Consequences For Silicon Valley ⇅
#india china standoff #tiktok banned in us #us china #tiktok ban usa #News & Politics
What China Is Trying To Do With Its New Digital Currency: https://www.youtube.com/watch?v=-ycr797Nb7k
Is The Idea Of India's First 'Super App' Inspired From China's WeChat: https://www.youtube.com/watch?v=nLNCIIIq1wA
United States President Donald Trump on Thursday (7 August) issued executive orders that would ban US operations of TikTok and WeChat in 45 days if they are not sold by their Chinese parent companies.
TikTok, a video-sharing app, is owned by ByteDance while Tencent is the parent company of WeChat, a social messaging platform. Both ByteDance and Tencent are Chinese companies.
The order regarding TikTok prohibits after 45 days "any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd.
The order said that TikTok "automatically captures vast swaths of information from its users," such as location data and browsing and search histories,
It further stated that the TikTok accessing US citizens' data "threatens to allow the Chinese Communist Party access to Americans' personal and proprietary information -- potentially allowing China to track the locations of Federal employees and contractors, build dossiers of personal information for blackmail, and conduct corporate espionage.
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