China throws a wrench into TikTok acquisition plans

blog post from Columbia Journalism Review

Over the past year or so, the TikTok video-sharing app has become one of the hottest mobile services. But it has also become one of the largest political footballs in recent memory, thanks to an executive order that Donald Trump issued in early August, banning TikTok and a chat app called WeChat. Why? Because they are both owned by Chinese companies: TikTok is owned by a company called ByteDance, which also runs a news aggregation app called Toutiao, and WeChat is owned by Tencent, a holding...

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