Trump will block U.S. transactions with Ticket OK, WeChat on Sunday


The Commerce Department announced Friday morning that it would ban U.S. businesses with Chinese-owned social apps WeChat and Ticket ok on Sunday.

The announcement comes ahead of a statement expected by President Donald Trump on Friday on whether the government will approve a deal by President Donald Trump to acquire a minority stake in Ticket Ok and become a “reliable technology partner” for the company in the US.

It is unclear whether the Commerce Department’s announcement means no deal is likely to be struck before Sunday’s deadline, and forcing the ticket to fully own a fully-fledged US company for its original intent could be an aggressive move by the Trump administration.

“At the direction of the President, we have taken significant steps to combat China’s malicious collection of personal data of American citizens, while promoting our national values, democratic rule-based norms and aggressive enforcement of U.S. laws and regulations.” Commerce Secretary Wilbur Ross said in a statement on Friday.

The announcement from the Commerce Department on Friday is the implementation of Trump’s original executive order from Aug. 6 giving Tick Ok a 45-day period to a U.S. company to sell its U.S. business or face a ban in U.S. WeChat, one of the most popular social networking applications in the world. Is owned. Ticket OK’s parent company is the Chinese company ByteDance. To justify the possible ban, the executive order of the apps cited national security concerns over the Chinese government’s access to users’ data in those applications.

A statement from the Commerce Department on Friday said that since September 20, U.S. Companies will be banned from selling and distributing tickets, meaning Apple Pal and Google, the two largest mobile app stores, will have to remove the app from their library. The statement said U.S. Companies are also barred from providing services through WeChat “for the purpose of transferring funds or processing payments within the US.”

But the Commerce Department’s announcement also gives a specific time limit for ticketing, which is Nov. Effective on the 12th. The rules, beginning Nov. 12, include provisions that allow U.S. Blocking companies from providing internet hosting and services for ticketing. This could be directed at negotiations between Ticket OK and Oracle, which would provide cloud services for Ticket OK if Trump approves, and give Ticket OK and Oracle more time to move forward with deals that would satisfy the President.

In an interview with Fox Business on Friday, Ross said the ban would have a different effect on ticket OK and WeChat before. He said the ticket ok will still work if it is already installed on the device, but users will not be able to upgrade the app. After Sept. 20, U.S. It’s not yet clear what kind of functionality Vichet will have in, and it’s unclear whether ticket ok will still be allowed in mobile app stores, but users aren’t allowed to provide updates.

“He’s not doing the same thing on ticket ok as he is on VAT chat,” Ross told Fox Business. “… Speaking of ticket ok, it’s just an upgrade, things like maintenance, which will be closed at this stage. The actual shutdown will come after November 12 when there has been no other transaction. So it’s very different how that way. Two are handling. “

WeChat is primarily a U.S. presence in China. A popular marketing and sales tool for companies, but also worldwide. In China, along with US social apps such as Facebook and Instagram, WeChat is the primary application that people use for social networking and e-commerce. That U.S. There is also a popular app used by people in China to communicate with people in China, as the U.S. Apps are banned.

Representatives from Tencent, Ticket OK, WeChat, Apple Plus and Google were not immediately available for comment.

How the ticket ok deal changed

Following Trump’s August 6 executive order, U.S. sanctions were imposed in Australia, Australia and New Zealand before the Sept. 20 ban. The company is in a frenzy to complete the deal to sell ticket ok businesses. Microsoft was considered the biggest contender to win the deal, and eventually partnered with Walmart on its bid. Oracle was also the top bidder.

But just days before it announced its intention to announce the ticket, China had updated its technical export rules to include artificial intelligence algorithms, such as the use of tickets. That meant that the U.S. Byddance will need a license from China before the company can sell tickets.

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