TikTok resumes operations in the U.S. after President-elect Trump promises a 90-day extension to the divest-or-sell law, marking a significant shift in the platform's fortunes and potentially impacting U.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
TikTok is no longer accessible in the U.S. as of late Saturday night, shortly before a nationwide ban on ByteDance’s popular social media app took effect, though President-elect Donald Trump has suggested he will delay the ban after his return to the White House on Monday.
As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
Citing national security, the Supreme Court rules that TikTok can be banned if its Chinese parent company ByteDance does not sell the app by Sunday.
Investing.com -- Wedbush analysts expect the Trump administration to delay the imminent TikTok ban, despite an anticipated Supreme Court ruling upholding the prohibition. The ban is set to take effect on January 19th, one day before President Trump’s inauguration.
Several parties have expressed interest in buying the platform, but ByteDance has repeatedly said ... Here's what you need to know: Wedbush analyst Dan Ives estimates TikTok is worth “well ...
Perplexity AI submitted an offer to ByteDance to merge the company ... Dan Ives, an analyst for Wedbush Securities, told CBS the financial services firm had valued TikTok at about $100 billion.
McCourt has made a formal offer to ByteDance to acquire TikTok's ... TikTok operational in the U.S. is a worthwhile pursuit, Wedbush Securities' Ives said. "There is much more at stake here ...
TikTok on Sunday restored service in the United States after briefly going dark, as a law banning the wildly popular app on national security grounds came into effect. The video-sharing platform credited US President-elect Donald Trump,
What comes next for TikTok? For now, it looks as if the app could stay online for 90 days while the government and other players look for someone to purchase the app's U.S. business. Trump suggested that he might look for American owners to take partial control of the app's operations in the U.S.
TikTok restored service in the United States Sunday after briefly going dark, as a law banning the wildly popular app on national