According tomedia TheVerge, the United States has given a deadline of September 20 to block TikTok. The latest U.S. rules show that the government will block all deals with Byte Dance, The parent company of TikTok, on September 20th in an effort to “address the national emergency in the ICT supply chain”.
Microsoft confirmed in a statement that it was in talks with ByteDance about the acquisition of TikTok USA, no later than September 15. Microsoft and Byte Dance are exploring a preliminary proposal to acquire TikTok’s services businesses in the U.S., Canada, Australia and New Zealand, according to a Microsoft statement.
In addition, another order would prohibit trading with WeChat, which maintains a limited user base in the United States.
The report said the U.S. government authorized the International Emergency Economic Powers Act and the National Emergency Act as its mandate. In other words, the continued operation of TikTok in the United States is referred to as a “national emergency”.
Industry sources say the U.S. government’s move is highly unusual and is likely to be challenged by law.