U.S. President Joe Biden is close to issuing a new executive order targeting personal data collection by apps like Chinese-owned WeChat and TikTok, according to people familiar with the matter.
The order would replace bans issued last year under then-President Donald Trump on Tencent’s WeChat, a messaging app, and Bytedance’s video-sharing app Tiktok that have been blocked by U.S. courts, one of the people said.
The…