AIRLINK 189.36 Increased By ▲ 1.33 (0.71%)
BOP 11.10 Decreased By ▼ -0.76 (-6.41%)
CNERGY 7.28 Decreased By ▼ -0.26 (-3.45%)
FCCL 36.65 Decreased By ▼ -1.14 (-3.02%)
FFL 14.95 Decreased By ▼ -0.29 (-1.9%)
FLYNG 26.19 Increased By ▲ 0.66 (2.59%)
HUBC 130.89 Increased By ▲ 0.74 (0.57%)
HUMNL 13.47 Decreased By ▼ -0.14 (-1.03%)
KEL 4.28 Decreased By ▼ -0.07 (-1.61%)
KOSM 6.08 Decreased By ▼ -0.09 (-1.46%)
MLCF 45.94 Increased By ▲ 0.26 (0.57%)
OGDC 201.86 Decreased By ▼ -4.57 (-2.21%)
PACE 6.12 Decreased By ▼ -0.26 (-4.08%)
PAEL 38.36 Decreased By ▼ -1.95 (-4.84%)
PIAHCLA 16.73 Decreased By ▼ -0.22 (-1.3%)
PIBTL 7.94 Decreased By ▼ -0.09 (-1.12%)
POWER 9.86 Decreased By ▼ -0.17 (-1.69%)
PPL 173.46 Decreased By ▼ -5.38 (-3.01%)
PRL 34.73 Decreased By ▼ -1.63 (-4.48%)
PTC 23.95 Decreased By ▼ -0.44 (-1.8%)
SEARL 101.74 Decreased By ▼ -1.42 (-1.38%)
SILK 1.07 No Change ▼ 0.00 (0%)
SSGC 32.70 Decreased By ▼ -3.54 (-9.77%)
SYM 17.93 Decreased By ▼ -0.30 (-1.65%)
TELE 8.14 Decreased By ▼ -0.24 (-2.86%)
TPLP 12.02 Decreased By ▼ -0.14 (-1.15%)
TRG 67.40 Increased By ▲ 0.07 (0.1%)
WAVESAPP 11.80 Decreased By ▼ -0.21 (-1.75%)
WTL 1.52 Decreased By ▼ -0.05 (-3.18%)
YOUW 3.90 Increased By ▲ 0.01 (0.26%)
BR100 11,819 Decreased By -87.9 (-0.74%)
BR30 35,000 Decreased By -554.1 (-1.56%)
KSE100 112,085 Decreased By -478.8 (-0.43%)
KSE30 34,946 Decreased By -148 (-0.42%)

BEIJING: Beijing on Monday accused the Trump administration of abusing "national power" by trying to ban TikTok, as a federal court gave the video app's US operations a stay of execution. A US government order had sought to ban new downloads of the Chinese-owned app from midnight (0400 GMT Monday) - but allow use of TikTok until November 12, when all use would be blocked.

President Donald Trump claims the popular app poses a national security threat and harvests data for Beijing via its Chinese parent company ByteDance - allegations the firm vehemently denies.

Describing the order as "bullying behaviour", Chinese foreign ministry spokesman Wang Wenbin said it was evidence of "abusing national power to unreasonably suppress other countries' enterprises".

Instead, the US should "provide a fair, just, open, and non-discriminatory business environment for companies around the world investing and operating in the country", Wang added.

China says Trump is strong-arming the company into giving up full ownership of a lucrative app - with 100 million US subscribers - to an American rival. But late on Sunday a US federal court issued a temporary block on the order after TikTok's lawyers successfully argued it was a "punitive" ban motivated by politics rather than genuine security fears.

Details of the injunction remain sealed for now by the court in Washington. The US squeeze on TikTok is one of a litany of issues souring relations between the rival powers, spanning tech, defence, human rights and contested seas. US tech giants have also raised concerns over the precedent a ban could set for a free internet - and the prospect of reprisals against American firms operating in China's vast market.

ByteDance has begun discussing a complex transfer of ownership to Silicon Valley giant Oracle. A tentative deal unveiled last weekend would make Oracle the technology partner for TikTok and a stakeholder in a new entity to be known as TikTok Global.

TikTok said Sunday it would "maintain our ongoing dialogue with the government" on the plan, which has received preliminary approval from Trump. But it was still unclear whether the deal would be approved by Beijing, where some consider the US move an unjustified appropriation of Chinese technology.

Comments

Comments are closed.