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This is from Bloomberg's coverage of the story:

"President Donald Trump plans to announce a decision ordering Bytedance to divest its U.S. ownership of TikTok, according to people familiar with the matter. The U.S. has been investigating potential national security risks due to the Chinese company’s control of the app. Trump’s decision could be announced as soon as Friday, said the people."

https://www.bloomberg.com/news/articles/2020-07-31/microsoft...

Microsoft Is Said to Be in Talks to Buy TikTok in U.S.



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