Does TikTok have a US buyer? Trump advises on new bid which could give government 50% stake - The future of TikTok is still up in the air despite Trump’s intervention last week
TikTok held firm and refused to be sold, Congress blinked, and now everyone is scrambling to avoid a backlash from its younger user base.
Rep. Mike Turner, R-Ohio, former chairman of the House Intelligence Committee, said on Sunday that TikTok remains a national security threat and he hopes President-elect Trump can reaches a deal that leads to China-based ByteDance selling its stake in the app.
Amid reports that the White House is negotiating a deal for TikTok’s sale to Oracle, President Donald Trump has said that he would decide the future of the app in 30 days
President Trump signed an executive order on his first day in office that halts the ban on TikTok. But is TikTok actually "saved?"
We (sort of) answer the burning questions about TikTok, which is back online in the United States (sort of). TikTok is back online — sort of. But also it’s still banned. Huh? You probably have some questions about this whole thing with TikTok. I (sort of) have answers.
Under the deal being negotiated by the White House, TikTok’s China-based owner, ByteDance, would retain a stake in the company, but data collection and software updates would be overseen by Oracle, which already provides the foundation of TikTok’s Web infrastructure, one of the sources told Reuters.
The popular video app went dark in the United States late Saturday and then came back around noon on Sunday, even as a law banning it took effect.
When the Supreme Court upheld a law that banned TikTok from the US, it seemed well aware that its ruling could resonate far beyond one app. The justices delivered an unsigned opinion with a quote from Justice Felix Frankfurter from 1944: “in considering the application of established legal rules to the ‘totally new problems’ raised by the airplane and radio,
The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — and some, including Apple and Google, are not.
U.S. President Donald Trump revealed ongoing talks with various parties regarding the future of TikTok, a popular social media app with significant national security concerns.
A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.