September 28, 2020 | technology | No Comments
(Reuters) – TikTok, owned by China’s ByteDance, has been racing to avoid a crackdown on its U.S. operations after being at loggerheads with the U.S. government, which has expressed concerns over the handling of personal data by the video app.
While ByteDance is still in talks with U.S. investors, the White House and the Chinese government over how to structure the deal, the Trump administration had sought to ban new downloads of the app from U.S. app stores from Sept. 27. A U.S. judge has temporarily blocked that order.
TikTok, in a court filing dated Sept. 23, provided an analysis of how even a temporary ban could affect its business.
** The ban will harm the company irreversibly by first stagnating and then declining its user base. TikTok’s interim head Vanessa Pappas said the app, which was earlier adding about 424,000 new U.S. users daily, saw a drop of over