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— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News

The U.S. government is cracking down on the Chinese apps TikTok and WeChat, starting by barring them from app stores on Sunday.

Trump has also floated a potential way out, at least for TikTok, which on Friday he called an “amazing company” that is “very, very popular.”

Here are some questions and answers about the deal.

WHEN DO THE BANS TAKE EFFECT?

The order disallowing TikTok and WeChat from smartphone app stores takes effect Sunday, as do additional restrictions on the use of WeChat.

A broader ban on the use of TikTok will follow on Nov. 12 unless its Chinese parent company ByteDance is able to persuade U.S. officials that it can resolve national security concerns, such as with a proposed partnership with American tech company Oracle. On Saturday, Trump said he has approved “in concept” a deal between TikTok, Oracle and WalMart that would create a new company likely based in Texas and under the control of the U.S. companies. But the deal still needs to be finalized.

 

 

Source: Q&A: What does banning TikTok and WeChat mean for users? – ABC News







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