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Speculation Runs High on the Future Ownership of TikTok in the US as Deadline Looms

With TikTok’s future ownership in the United States still uncertain after the Trump administration granted the app another lifeline, speculation over who will ultimately control TikTok USA is running high. The app has frequently been accused of acting against American national interests due to its aggressive data collection practices, even though it is privately owned by the Chinese firm ByteDance.

Other players in the social media space, such as Momo Inc. (NASDAQ: MOMO), will be following how the storm around TikTok plays out so that…

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