Update 8/1 1:30PM PT: The Wall Street Journal is reporting that the deal ByteDance and Microsoft were pitching as a way to keep TikTok running as a U.S. company here in the states is on hold. The reason given is that both parties are now a bit shaken by Trump’s statements late last night about not allowing such a deal to go through and being intent on a ban. They’re now ‘looking for clarity’ on the White House position on such a deal. We’re looking into it with Microsoft and ByteDance but for now we haven’t heard that anything material is different here — the deal was always contingent on tacit, if not explicit, approval from the administration. We will update if we hear more. Original story follows.