ByteDance Ltd. has publicly refused to sell TikTok, though prospective buyers hope the Supreme Court's ruling and the brief TikTok shutdown could push it to reconsider
The search to find a buyer for the Chinese-owned popular short-video app continues in the US after it went dark and was revived later by an executive order signed by President Donald Trump
Billionaire Frank McCourt, Shark Tank investor Kevin O'Leary, tech entrepreneur Jesse Tinsley and MrBeast have all expressed interest in TikTok
On Jan 18, TikTok went dark for users across the US just days after the Supreme Court ruled that it would uphold a law forcing ByteDance to either sell its American platform by Jan 19 or be banned
This move comes as the Chinese company faces pressure from Washington to sell its popular video-sharing app in the United States
TikTok resumed service after Trump's assurances that the company and its partners would not face hefty fines to keep the app running, but it was yet to return to app stores
Donald Trump is ushering in a Golden Age for people that break the law and attempt to overthrow the government
Popular social media application, TikTok, is banned in the United States. The shutdown majorly impacted the creators' economy and attracted hilarious memes on the internet
US President Donald Trump on Monday signed an executive order that extended the operations of TikTok, the Chinese controlled video short sharing platform, by 75 days, during which he plans to pursue a resolution that protects national security while saving a platform used by 170 million Americans. I am instructing the attorney general not to take any action to enforce the Act for a period of 75 days from today to allow my Administration an opportunity to determine the appropriate course forward in an orderly way that protects national security while avoiding an abrupt shutdown of a communications platform used by millions of Americans, said the executive order signed by Trump. Signed into law by Joe Biden in April last year, the bill passed by wide bipartisan majorities in the House and the Senate gave TikTok's parent company ByteDance 270 days to divest from the app or face a ban from US app stores. January 19 was the last date for this. The popular video sharing app went dark on
US President Donald Trump on Monday signed an executive order to keep TikTok operating for 75 days, a relief to the short video app's users even as national security questions persist. TikTok's China-based parent ByteDance was supposed to find a US buyer or be banned on January 19. Trump's order could give ByteDance more time to find a buyer. "I guess I have a warm spot for TikTok," Trump said. Trump has amassed nearly 15 million followers on TikTok since he joined last year, and he has credited the trendsetting platform with helping him gain traction among young voters. Yet, its 170 million US users could not access TikTok for more than 12 hours between Saturday night and Sunday morning. The platform went dark before the ban approved by Congress and upheld by the US Supreme Court took effect on Sunday. After Trump promised to pause the ban, TikTok restored access for existing users. Google and Apple, however, still have not reinstated TikTok to their app stores. Business leader
China reacted cautiously to US President-elect Donald Trump's offer that 50 per cent of the TikTok ownership should be in American hands, saying such decisions should be independently made by companies while emphasizing that Chinese laws apply to local firms. When it comes to actions such as the operation and acquisition of businesses, we believe they should be independently decided by companies in accordance with market principles," Chinese Foreign Ministry spokesperson Mao Ning said on Monday. She, however, highlighted the conditions attached to Chinese firms, saying that they should abide by local laws. If it involves Chinese companies, China's laws and regulations should be observed," she said. Ahead of the swearing-in on Monday, Trump said that he would temporarily block a nationwide ban on TikTok with an executive order that would give more time to the popular short video-sharing platform to work out a deal to keep the ban from becoming permanent. At the same time, he offere
He, however flagged off an imbalance, stating that though TikTok is allowed to operate in the US, X is banned in China.
TikTok stopped working for U.S. users late on Saturday before a law shutting it down on national security grounds took effect on Sunday
US President-elect Donald Trump vowed swift action upon assuming office on Monday, pledging to prevent World War III and halt what he described as the 'invasion' of the nation's borders
During his first term as president, Donald Trump led the effort to ban TikTok, the hugely popular video-sharing app he said posed a threat to US national security. But on the eve of his return to the White House, the president-elect is being hailed as the app's saviour. After going dark for users this weekend, Trump said on his social media site that he would issue an executive order after he's sworn in for a second term on Monday to delay a TikTok ban "so that we can make a deal to protect our national security". He said the order would make clear that companies will not be held liable for violating a law that aimed to force TikTok's sale by its China-based parent company. Hours later, the app returned, much to the relief of its legions of dedicated users. "Thanks for your patience and support. As a result of President Trump's efforts, TikTok is back in the US!" read the announcement. Trump's legal authority to unilaterally decide not to enforce the law, which passed with ...
There are also questions about whether the extension would be legal once the ban kicked in on Sunday
As users returned, some cringed at sappy goodbyes posted before the shutdown or thanked Trump on social media site X, while others wondered whether the TikTok world would ever be the same again
President-elect Donald Trump also highlighted the impact of his leadership, referring to it as the 'Trump Effect,' which he said has led to unexpected results even before taking office
TikTok began restoring service to its users in the US on Sunday, less than 24 hours after the app went dark under a new federal ban. President-elect Donald Trump, speaking at a rally, vowed to issue an executive order on his first day in office to delay the enforcement of the law, ensuring the short-video app used by 170 million Americans remains operational. "We have to save it," Trump declared, signalling plans for a joint venture that would grant the US a significant ownership stake in the platform. TikTok credited Trump's intervention for providing "clarity and assurance" to its service providers, enabling the app's rapid return. The law, signed by President Joe Biden last April, required ByteDance, TikTok's Chinese parent company, to divest the app by January 19 to avoid a ban. While Trump's move has sparked hope among TikTok users, questions remain about how he will reconcile his executive action with the legislation.
Their moves followed TikTok's decision to proactively suspend its services to US-based users a few hours earlier when it took its platform offline