TikTok cannot continue in US as it is, treasury secretary warns
The Trump administration will not allow TikTok to continue its current tactics of collecting sweeping amounts of data about Americans, said Treasury Secretary Steven Mnuchin, who warned the Chinese-owned firm his department has the power end the practice.
Donald Trump "has made perfectly clear, it's not going to continue with this in this form," Mr Mnuchin said of the US president, who has threatened to shut down TikTok's American operations. The Treasury chief, however, declined to comment on Microsoft's efforts to buy the social media application during a CNBC interview.
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