Kevin O’Leary’s $20B TikTok offer is rejected as ByteDance confirms it won’t sell the key technology behind the app’s success.
Trump said he planned to issue the order to give TikTok’s China-based parent company more time to find an approved buyer before the ban takes full effect.
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark over the weekend.
The Supreme Court seemed to lean Thursday toward upholding a law forcing Chinese parent company ByteDance to sell off TikTok, with all nine justices indicating national security concerns posed by the social media app outweighed potential threats to free speech.
President-elect Donald Trump says he “most likely” will give TikTok 90 more days to work out a deal that would allow the popular video-sharing platform to avoid a U.S. ban
President-elect Donald Trump said Sunday that he plans to issue an executive order that would give TikTok’s China-based parent company more time to find an approved buyer before the popular
President-elect Donald J. Trump’s idea, a 50-50 “joint venture” between the existing Chinese owner and some kind of American entity, was more politics than substance.
ByteDance has repeatedly stated it has no desire to sell TikTok, yet O’Leary has been persistent in his campaign to buy the U.S. arm of the platform — even without the algorithm in place.
TikTok is now accessible again in the United States. Just how long that lasts will likely depend on incoming President Donald Trump.
The president has signed an executive order delaying the enforcement of a law requiring the sale or banning of the platform in the US.
New York (CNN) — As he promised Sunday, President Donald Trump on Monday signed an executive action that delays enforcement of the TikTok ban for 75 days.
Business leaders, lawmakers, legal scholars, and influencers who make money on TikTok are watching to see how Trump tries to resolve a thicket of regulatory, legal, financial and geopolitical issues with his signature.