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A look at China's draft Personal Information Protection Law, which would significantly increase fines for companies responsible for data breaches to up to $7.6M (Celia Chen/South China Morning Post)
President Donald Trump on Thursday signed an executive order that will block any transactions between U.S. companies and the parent firms of TikTok and WeChat starting Sept. 20.
The order, which follows weeks of threats to ban the popular video apps from the U.S., will essentially force ByteDance and Tencent to divest from TikTok and WeChat, respectively, or stop operating those apps in the country.
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