Mr. Trump also indicated that there will be no extension on that deadline. The president's order cited the app collecting "vast swaths of information" on its users in his executive order. ByteDance has already shut down operations in other locations.
The deal is also under pressure from a changing regulatory environment in China, with the country's autocratic leadership changing its export rules to possibly include elements of TikTok that could limit a transaction, and perhaps scuttle its sale.
The very popular app TikTok is owned by the Chinese technology company ByteDance.
For example, the software code used in ByteDance's apps, including TikTok, are developed by engineers and developers at its Beijing headquarters. As a effect of this decision, more than 100 moderators will be relocated to other jobs within the parent company, Bytedance, or will be fired outright. China has updated laws governing which artificial intelligence technologies can be exported.
Multiple people familiar with the matter have told Reuters that China is in direct opposition to a forced sale of TikTok.
With the China-based parent company, Bytedance being under pressure to divest its U.S. operations, TikTok's future continues to hang in balance.
TikTok received a bid from Walmart, which has teamed up with Microsoft.
Does TikTok have any other options?
TikTok has fought back against those claims.
ByteDance has been in talks to sell TikTok's US business to potential buyers, including Microsoft and Oracle, since US President Donald Trump threatened last month to ban the service if it was not sold. The administration claims that ByteDance could be compelled to hand over US users' data to Beijing or use the app to influence the 100 million Americans who use it. Trump's orders set off a deal-making frenzy by potential American suitors: Oracle Corp and a joint bid by Microsoft Corp and Walmart Inc emerged as top contenders.
NEW YORK, NEW YORK - AUGUST 03: In this photo illustration, a mobile phone featuring the TikTok app is displayed next to the American flag on August 03, 2020 in New York City.
The Chinese government also recently launched a statement about the dispute. TikTok has insisted it has never provided user data to China and that it would not do so if asked.
United States officials have criticised the app's security and privacy, suggesting that user data might be shared with Beijing. According to the WSJ, TikTok stopped collecting unique identifiers in November, but its investigation raised questions about TikTok's commitment to protecting user privacy.
It's not just Republicans who are taking a stance against TikTok.
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