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On August 6, 2020, the White House took the unusual step of banning certain transactions between American citizens and Chinese companies, not based on the overall nature of the companies, but on two of the applications they provide: TikTok and WeChat. But while the prohibition on transactions with TikTok's parent company is broad and (relatively) easily understood, the prohibition on Tencent, owner of the WeChat application, is not. And because Tencent also just happens to be the whole or partial owner of some of the most popular video games in the world (Fortnite, League of Legends, Clash of Clans, Valorant), well...that's why we have Virtual Legality. You want Tencent? We'll give you two... in Virtual Legality. CHECK OUT THE VIDEO AT: https://youtu.be/RJZM9jke-rM #Tencent #Ban #WhiteHouse *** Discussed in this episode: "Trump bans dealings with Chinese owners of TikTok, WeChat" AP - August 7, 2020 - Tali Arbel https://apnews.com/719d8c83f689929c9c9d8c9aa5593fc8 "Executive Order Targeting Tencent Could Have Huge Effect On Games Industry" ScreenRant - August 7, 2020 - Bryan Lawver https://screenrant.com/executive-order-targeting-tencent-wechat-effect-games-industry/ "Tencent" Wikipedia Entry https://en.wikipedia.org/wiki/Tencent "Trump's executive order to ban US individuals from doing business with Tencent will affect..." Tweet - August 6, 2020 - Ian MIles Cheong (@stillgray) https://twitter.com/stillgray/status/1291568516743573504 "Executive Order on Addressing the Threat Posed by WeChat" White House EO - August 6, 2020 https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-posed-wechat/ "Executive Order on Addressing the Threat Posed by TikTok" White House EO - August 6, 2020 https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-posed-tiktok/ 50 USC 1701 https://www.law.cornell.edu/uscode/text/50/1701 "Presidential authorities" 50 USC 1702 https://www.law.cornell.edu/uscode/text/50/1702 50 USC 1621 https://www.law.cornell.edu/uscode/text/50/1621 "List of national emergencies in the United States" Wikipedia Entry https://en.wikipedia.org/wiki/List_of_national_emergencies_in_the_United_States "Executive Order on Securing the Information and Communications Technology and Services Supply Chain" White House EO - May 15, 2019 https://www.whitehouse.gov/presidential-actions/executive-order-securing-information-communications-technology-services-supply-chain/ "Trump signs executive order to ban TikTok, WeChat" LA Times - August 6, 2020 - Wendy Lee, Sam Dean https://www.latimes.com/politics/story/2020-08-06/trump-signs-executive-order-to-ban-tiktok *** "Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law). CHECK OUT THE REST OF VIRTUAL LEGALITY HERE: https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL. *** Twitter: @hoeglaw Web: hoeglaw.com Blog: hoeglaw.wordpress.com