TikTok shock: Last week a federal judge enjoined an executive order blocking new downloads of the Chinese video-sharing social network, which has 100 million users in the U.S. Wow—that’s a lot of people wasting time. Now a Nov. 12 deadline looms to shut off TikTok’s U.S. operation or outsource its management to U.S. partners. The Trump administration is concerned that the app’s user data could be funneled back to the Chinese government, which owner ByteDance denies. In July, Treasury Secretary Steven Mnuchin announced TikTok...

Source: Wall Street Journal October 04, 2020 20:36 UTC