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Trump signs executive order banning transactions with TikTok parent company ByteDance after 45 days

US President Donald Trump has signed executive order for banning transactions with TikTok parent company ByteDance after 45 days. This development has come amid technology giant's Microsoft ongoing talks with TikTok to purchase its America operations as chorus grows among lawmakers in the United States for banning the Chinese video making-sharing app over security concerns of users' data and privacy.

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