The company reported 2 billion downloads worldwide in April, according to Sensor Tower, and has 100 million American users.
Earlier Friday and Saturday, US media reported that Microsoft has been in negotiations with ByteDance on buying TikTok in the US, with other corporate investors outside China also said to be considering buying up a majority stake of shares in the company.
It also remains uncertain exactly what Trump's "ban" threat entails, or under what legal argument he'd block a Microsoft acquisition.
Critics of TikTok worry that the data it collects on its USA users could end up in the hands of the Chinese government, though TikTok has said it stores its data outside of China and that it would resist any attempts by Beijing to seize the information.
Udinese force Juventus to keep the champagne on ice
The Little Zebras claimed all three points at home to the Old Lady as they came from behind to win the game against all odds. A defensive header out came straight to De Ligt and he took one touch before firing powerfully into the bottom left corner.
TikToks fun, goofy videos and ease of use has made it immensely popular, and US tech giants like Facebook and Snapchat see it as a competitive threat.
CNBC reports: "Trump's comments come as it was reported Friday thatMicrosoft has held talks to buy the TikTok video-sharing mobile app from Chinese owner ByteDance, one person close to the situation told CNBC". In the US, TikTok has tens of millions of registered users.
There have been reports of U.S. tech giants and financial firms being interested in buying or investing in TikTok as the Trump administration sets its sights on the app. She is known for often posting various videos of herself mocking Trump by lip syncing to some of his political speeches and interviews on the Chinese-owned app, and Twitter users feel like she is scaring him and "rattling his cage". Secretary of State Mike Pompeo said earlier this month that the U.S. was considering banning TikTok.
United States officials and lawmakers in recent weeks have voiced fears of the wildly popular video platform being used by Beijing for nefarious purposes, but the company has denied any links to the Chinese government.
The move was aimed at resolving policymakers' concerns that the foreign-owned TikTok may be a national security risk.
He added; "I have that authority". It's unclear who this other U.S. company would be, or how the operation would be structured.
The app has already been banned on USA military-issued smartphones, and Congress is considering prohibiting federal government employees from using the service. The proposal values TikTok at about $50 billion, but some ByteDance executives believe the app is worth more than that.