Todd Spangler NY Digital EditorDonald Trump is gearing up to issue an order requiring ByteDance to sell its ownership interest in TikTok, , according to multiple reports — otherwise, he’s threatening to ban the short-form video app over security concerns about its ties to China.At the same time, Microsoft is currently in talks to buy TikTok, per reports by Bloomberg and the New York Times, citing anonymous sources.
TikTok, which lets users record, share and watch short-form lip-syncing and other videos, has surged in popularity over the past two years.Trump previously has issued three orders blocking M&A deals involving foreign parties.
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