Per free dictionary: the phrase “tick-tock” indicates that time is running out (for someone or something).
In that context the popular social media app has been for some time now been under investigation by the Committee on Foreign Investment in the United States (CFIUS) which is chaired by President Trump’s Secretary of Treasury cabinet member Steven Mnuchin.
Per the attached Vox article, apparently this very committee already has had influence with the POTUS in blocking a sale to Singapore-based Broadcom from acquiring US semiconductor company Qualcomm. In addition, CFIUS also forced Chinese owners to divest from the dating app Grindr and the health start up PatientsLikeMe.
Now the Trump administration is more than hinting that something will soon be coming out on TikTok.
I, for one, support potential Presidential action requiring at a minimum the immediate divesting by the Chinese of any ownership interest in TikTok whatsoever.
Appreciating likely the reality of the situation here being that an outright ban of TIkTok in America will be not be feasible, Trump will surely send a strong message to China (and other countries) nonetheless.
The article herein also highlights how in the past CFUIS tended to focus on companies with military or intelligence connections. Understand how world powers hack and devise clever and devious ways to spy on other countries is a new norm-reality.
And please note the Chinese government can already legally force its organizations and citizens to hand over data at anytime under their own National Intelligence Law enacted in 2017.
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