President Trump Signs Executive Orders Against ByteDance, Tencent
Update: The White House has told the LA Times that the executive order only applies to WeChat transactions. Original Story: U.S. President Donald Trump issued two executive orders Thursday prohibiting transactions with TikTok owner ByteDance and WeChat owner Tencent Holdings. The language of the order as it relates to Tencent, is as follows: “The following actions shall be prohibited beginning 45 days after the date of this order, to the extent permitted under applicable law: any transaction that is related to WeChat by any person, or with respect to any