App operations will continue in US despite Trump ban: TikTok's US chief
By Vivek Raj | Galatta | Aug 22, 2020, 01:30 pm
TikTok's operations in the United States will continue despite President Donald Trump and his administration threatening to order a ban on the music-video app's business, company senior executive Vanessa Pappas said in a statement, as per a report carried out by Bloomberg.
Pappas, who is serving as the General Manager of TikTok in the US, Canada, New Zealand and Australia, said, "We believe we have multiple paths forward to ensure that we continue to provide this amazing app experience to the millions of Americans who come to rely on it every day,".
United States President Donald Trump issued an executive order on August 14 that gave ByteDance, the parent company of TikTok, 90 days to divest its US operations. Failing to do so, Trump's administration said, the company will have to stop its operations in the country completely, as per a ruling by the Committee on Foreign Investment in the US, or CFIUS. Tensions between the US and China have been high over a period of time with restrictions issued on a number of Chinese tech giants, including Huawei Technologies Co. and Tencent Holdings Ltd.
"We’ve made it clear that we strongly disagree with the conclusions of CFIUS (Committee on Foreign Investment in the US) and we're certainly disappointed in the outcome that we saw there," Pappas stated. The statement further read, "We still haven't been presented with any evidence to back up those claims and assertions."
Several notable tech giants are currently said to be in contention as potential buyers for TikTok's operations in the US , including Microsoft, Oracle and Twitter. In the meantime, TikTok's employees have reportedly stated they are coming across a number of reports in regard to who might acquire the company's US business and become their new employer.
On August 2, Microsoft Corp. was confirmed to be interested in pursuing the acquisition of TikTok's US ownership, while Oracle Corp. and Twitter Inc. are among the tech companies that have given thoughts to bidding, people familiar with the negotiations told Bloomberg News.
Prior to Trump calling out ByteDance to sell its TikTok US operations, he ordered Americans to stop their business with the company as of mid-September. In return, employees have queried about whether they will get paid after the order is in effect, and whether foreign workers will lose their visas, which allow them their right to live and work in the country as they are tied to their employment.