US to widen action against Chinese tech groups beyond TikTok

News
The video-sharing app TikTok is accused by the US secretary of state Mike Pompeo of feeding data to the Chinese Communist party © HAYOUNG JEON/EPA-EFE/Shutterstock

The Trump administration has vowed to “take action” in a matter of days against Chinese software companies that it perceives as a risk to security, in a sign that Washington is set to broaden its offensive beyond the video-sharing app TikTok.

ByteDance, the Chinese owner of TikTok, is racing to save the app’s US operations with a plea to the administration to allow it to sell the unit to Microsoft.

Comments from US secretary of state Mike Pompeo on Sunday suggested additional action against a wider range of Chinese technology companies would follow.

Products You May Like

Articles You May Like

Taxable muni deal leads $7B calendar as Hawaii preps sale, Texas issuers set
Nikola’s entire quarterly revenue of $36,000 was from solar installation for the executive chairman
DBE: The Rally In Energy Is Still Strong
Goldman names new head of digital assets in bet that blockchain is the future of financial markets
Stocks making the biggest moves after hours: Etsy, Western Digital, Live Nation and more

Leave a Reply

Your email address will not be published. Required fields are marked *