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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
TechTikTok

Trump says he’s considering banning TikTok

By
Shelly Banjo
Shelly Banjo
,
Jordan Fabian
Jordan Fabian
, and
Bloomberg
Bloomberg
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By
Shelly Banjo
Shelly Banjo
,
Jordan Fabian
Jordan Fabian
, and
Bloomberg
Bloomberg
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July 7, 2020, 7:30 PM ET
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President Donald Trump said his administration is considering banning the short video app TikTok in the U.S. as one possible way to retaliate against China over its handling of the coronavirus.

Trump’s comments on Tuesday came one day after Secretary of State Michael Pompeo said officials were looking at barring the app, whose parent company is China’s ByteDance Ltd.

“It’s something we’re looking at, yes,” Trump said when asked in an interview with Gray Television’s Greta Van Susteren about Pompeo’s remarks. “It’s a big business. Look, what happened with China with this virus, what they’ve done to this country and to the entire world is disgraceful.”

Trump did not offer any specifics about a potential decision. He said that banning TikTok is “one of many” ways he is looking to hit back at the Beijing government over the coronavirus, which has infected nearly 3 million people in the U.S. and killed more than 130,000.

The president has seen his poll numbers plummet as his own response to the pandemic has come under widespread criticism, including for his refusal to unequivocally urge Americans to wear masks.

TikTok played up its U.S. ties and said it doesn’t feed user data to China, pushing back against comments by Pompeo, who said the government was weighing a ban in part over concerns about its ownership.

“TikTok is led by an American CEO, with hundreds of employees and key leaders across safety, security, product, and public policy here in the U.S.,” a company spokesperson said. “We have never provided user data to the Chinese government, nor would we do so if asked.”

TikTok hired former Walt Disney Co. executive Kevin Mayer as chief executive officer last month. He also serves as chief operating officer of ByteDance.

Calling attention to India’s recent move to ban almost 60 Chinese apps, including TikTok, Fox News host Laura Ingraham asked Pompeo whether the Trump administration would also consider banning the app in the U.S. “We’re certainly looking at it,” Pompeo responded.

He then recommended Americans not download the app unless they want to see their private information fall “in the hands of the Chinese Communist Party.”

Pompeo joins other U.S. government officials, including Senators Marco Rubio and Chuck Schumer, who have called for investigations of TikTok over possible threats to national security. The U.S. government has also launched a national security review of ByteDance’s acquisition of Musical.ly, a startup that later merged with TikTok.

Young people organizing through TikTok were cited as one reason many people signed up to attend Trump’s first post-shutdown campaign rally last month in Tulsa, Oklahoma, but then didn’t show up. The Trump campaign denied the online organizing effort contributed to lower-than-expected attendance.

In the U.S., TikTok has been downloaded more than 165 million times, according to SensorTower estimates. TikTok has denied allegations that it poses a threat to U.S. national security.

In a public show of support for protecting user data from the Chinese government, TikTok said Monday it would cease operations in Hong Kong over a national security law that compels social media apps to hand over user data to Beijing. TikTok operates a separate version of its app in China called Douyin.

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