TikTok went dark for a few hours in the U.S. before the ban was suddenly reversed Sunday. Here's what to know about President Trump's executive order.
ByteDance now has to show that it’s making significant progress on a deal to sell TikTok to a US-based company.
Donald Trump is now being hailed as TikTok's savior after he tried to ban the app during his White House first term.
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
US President Donald Trump on Tuesday said he would be supportive of the world's richest man and his close aide, Elon Musk, buying TikTok "if he wanted to". Trump was asked if he would be open to the billionaire founder of Tesla buying the short-video platform facing a nationwide ban in the US after the Supreme Court last week upheld a law requiring TikTok to sever ties with its Chinese parent ByteDance.
Donald Trump told a pre-inaugural, MAGA-heavy rally that “TikTok is back,” as he has pledged to sign an executive order that will give the social media platform more time amid a new U.S. law requiring a divestiture from its Chinese parent ByteDance.
Donald Trump will be sworn in as president Monday, returning to power to enact his sweeping vision of America after leaving his office in shame four years ago.
Tok is restoring service to users of the app on Sunday after it said incoming president Donald Trump provided "necessary clarity" that it would not face penalties.
Also in today’s newsletter, Trump warns Putin to reach Ukraine ‘deal’ soon, and Pakistan to seek extradition of billionaire tycoon from UAE
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
Trump's most recent plan for TikTok centers on demands that the United States be given a 50% ownership position in the app under any proposed deal.