If TikTok shuts down, what might happen to the industry of teen influencers in LA?

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Chinese and U.S. flags are seen near a TikTok logo in this illustration picture taken July 16, 2020. Credit: REUTERS/Florence Lo/Illustration/File Photo.

President Trump threatened to ban TikTok last week over privacy and security concerns. He now says TikTok’s Chinese parent company has until September 15 to sell it to the U.S. tech giant Microsoft or another company. 

Over the past few years, the $50 billion viral video app created overnight sensations and celebrities on social media. An entire economy also grew around the app, especially in LA.