Movement occurs in response to security concerns raised by US authorities about transferring information from US user
The Chinese app, known for its short and viral videos, is at the center of a negotiation that can change its future in the United States. President Donald Trump announced that the platform can be acquired by an American company. This movement occurs in response to security concerns raised by US authorities, who fear the application, managed by the Chinese company Bytedance, is transferring information from US users, including government officials to the Chinese government. To prevent Tiktok from being banned from the country, Joe Biden’s previous administration and the current one have established that the application should be sold to an American company.
Two large American companies are in the dispute to purchase Tiktok: AppLovin marketing platform and Amazon retail giant. Both have already presented proposals to buy the operation of the short video application, which is used for about 150 million to 170 million Americans. The deadline for the sale of Tiktok in the United States is April 5, as established by an executive order that was postponed several times to allow Bytedance to find a suitable buyer. On January 19, the application was temporarily disabled in the United States, but returned to work after an extension of Donald Trump.
The movement for the sale of Tiktok occurs amid tensions between the United States and the US government seeking to ensure that the application is controlled by a company that does not compromise national security. AppLovin confirmed its participation in the dispute in a statement to the United States Securities Commission. The decision on the future of Tiktok in the United States is expected to be announced soon.
*With information from Eliseu Caetano
*Report produced with the aid of AI
