Trump Wants To Save TikTok. It Might Not Be So Simple.
2 months, 1 week ago

Trump Wants To Save TikTok. It Might Not Be So Simple.

Huff Post  

LOADING ERROR LOADING President-elect Donald Trump said he plans to issue an executive order once he takes office on Monday to delay a federal ban on the popular social media app TikTok and give its China-based parent company more time to find an approved buyer. Trump said the order would guarantee no penalties “for any company that helped keep TikTok from going” and further suggested the U.S. government take a 50% ownership stake in the company to keep it alive. Trump has the power under the law to give TikTok more time to divest from ByteDance ― 90 days ― if he certifies to Congress that there has been significant progress made toward a sale and that the parties have signed “binding legal agreements.” “The law is very precise, and the only way to extend that is if there is an actual deal in the works,” Speaker Mike Johnson said in an interview with NBC’s “Meet the Press” on Sunday. “Only then will Americans be protected from the grave threat posed to their privacy and security by communist-controlled TikTok.” The problem for Trump is that neither TikTok nor ByteDance have shown any interest in selling despite reports of prospective buyers lining up in the U.S. They’ve steadily refused divestiture since Congress passed the law in April of last year. A joint venture between the U.S. government and another buyer to acquire TikTok as Trump suggested on Sunday would be controversial, likely require congressional approval, and could pose First Amendment problems.

History of this topic

Existing ByteDance investors emerge as front-runners in TikTok deal talks
5 days, 3 hours ago
TikTok sale in progress? Vice President JD Vance expects US deal by April
Trending News
1 week, 4 days ago
Vance hopeful ‘high-level’ TikTok deal will be completed by early April
1 week, 5 days ago
Trump says TikTok deal is in the works. Here’s where things stand with the company
Trending News
2 weeks, 1 day ago
Trump says TikTok deal is in the works. Here’s where things stand with the company
2 weeks, 1 day ago
Trump says U.S. talking to four different groups on sale of TikTok
2 weeks, 3 days ago
4 groups in talks to buy TikTok, says Trump
2 weeks, 3 days ago
Trump says US in talks with four groups over TikTok sale: All options good
Trending News
2 weeks, 3 days ago
TikTok ban: Donald Trump open to extending another olive branch to Chinese company; ‘Lot of interest in…’
2 weeks, 6 days ago
Why is TikTok back in the Apple and Google app stores?
1 month, 1 week ago
Elon Musk says he is not interested in buying TikTok
1 month, 2 weeks ago
Amazon and Microsoft reportedly eye TikTok acquisition, Elon Musk says not interested
1 month, 2 weeks ago
'I Have Not Put In A Bid For TikTok', Elon Musk Clarifies He Has No Interest In Taking Over Company's US Operations
1 month, 2 weeks ago
Elon Musk says he has no interest in acquiring TikTok's US operations
Trending News
1 month, 2 weeks ago
Elon Musk dismisses TikTok purchase speculations: ’I don’t have any plans for it’
1 month, 2 weeks ago
'Danger': WSJ editorial board once again bashes Trump over plan that 'deserves to die'
1 month, 2 weeks ago
'Can't think of a worse idea': GOP insider trashes Trump's new TikTok scheme
1 month, 3 weeks ago
Trump orders launch of U.S. sovereign wealth fund to potentially save TikTok
1 month, 3 weeks ago
Trump says an American sovereign wealth fund could acquire TikTok. Here’s what we know
Top News
1 month, 3 weeks ago
Donald Trump Explains Why He Wants A 'Bidding War' For TikTok
1 month, 3 weeks ago
Microsoft is in talks to acquire TikTok, says Donald Trump
1 month, 3 weeks ago
Trump announces Microsoft is in race to acquire TikTok, expects a bidding war
1 month, 3 weeks ago
Donald Trump confirms Microsoft in talks to buy TikTok, teases potential bidding war
Trending News
1 month, 3 weeks ago
Trump says Microsoft in talks to buy TikTok
1 month, 3 weeks ago
Microsoft is in talks to acquire TikTok, says US President Trump
1 month, 3 weeks ago
What the new TikTok is going to look like? The possibilities explained
1 month, 3 weeks ago
Trump to decide TikTok's future in 30 days, discussing platform's sale with several parties
1 month, 3 weeks ago
Trump holds talks for sale of TikTok, to decide app's future in 30 days
2 months ago
Does TikTok have a US buyer? Trump advises on new bid which could give government 50% stake
2 months ago
Perplexity AI's new proposal for TikTok could give 50% stake to US government
2 months ago
Oracle and Microsoft in talks to take over TikTok under Trump administration plan: Report
2 months ago
Trump administration plans to have Oracle, US investors take over TikTok: Report
2 months ago
Exclusive: White House in talks to have Oracle and U.S. investors take over TikTok
2 months ago
Trump says banning TikTok won’t make Americans safer from China. He may have a point
2 months ago
Indiana man arrested for threatening US President Donald Trump on TikTok
2 months ago
Donald Trump Dismisses Concerns On China Spying Via TikTok: Here's What He Said
2 months ago
China using TikTok to spy on Americans? Donald Trump's ‘bigger threat’ response
Trending News
2 months ago
California lawmakers are big on TikTok. What happens if Trump bans the app?
2 months ago
'Living on borrowed time': Republicans 'cross fingers' on Trump's TikTok plan
2 months ago
What next for TikTok? MrBeast and Elon Musk among potential buyers as ban deadline looms
2 months ago
Trump Says He Would Be Open To His Pal Elon Musk Owning TikTok
2 months ago
Trump says he’s open to Elon Musk buying TikTok ‘if he wants to’
2 months ago
Trump says would be open to Musk buying TikTok
2 months ago
Trump gives TikTok an illegal amnesty
2 months ago
Trump open to Musk buying TikTok if Tesla CEO wants to do so
Trending News
2 months ago
Trump's executive order gives TikTok a reprieve. What happens next?
2 months ago
Trump says he's open to Elon Musk buying TikTok and negotiates a deal with billionaire Larry Ellison in front of the press
Trending News
2 months ago
TikTok farce has damaging repercussions
2 months ago
Trump using TikTok as leverage in Sino-US trade links, experts say
2 months ago
TikTok farce has damaging repercussions
Top News
2 months ago

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