WASHINGTON—President Trump will require Beijing-based Bytedance Ltd. to sell its ownership in TikTok, the popular video-sharing app that U.S. officials have deemed a national security risk, according to a person familiar with the matter.
U.S. officials have been concerned that TikTok could pass on the data it collects from Americans streaming videos to China’s authoritarian government. TikTok has said it would never do so.
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