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Donald Trump says would be open to Musk buying TikTok

Economic Times

Economic Times · 5m ago

Donald Trump says would be open to Musk buying TikTok

US President Donald Trump expressed openness to Elon Musk, owner of social media platform X, potentially buying TikTok, the Chinese-owned app facing a US ban unless divested from ByteDance. Trump has paused enforcing the law against TikTok and suggested a 50-50 partnership between the US and ByteDance. Despite TikTok's brief shutdown and restoration in the US, app availability remains limited, as Apple and Google have yet to provide downloads or updates.

Related News

Trump says any TikTok deal would not mirror Nippon-US Steel

Economic Times

Economic Times · 1m ago

Trump says any TikTok deal would not mirror Nippon-US Steel

President Donald Trump stated that any agreement to prevent TikTok from being banned in the U.S. would differ from the anticipated deal between Japan's Nippon Steel and U.S. Steel. He mentioned that China would need to approve any TikTok deal. Trump made these remarks to reporters while in the Oval Office, highlighting that the circumstances surrounding the deal would be unique and not a replication of past international agreements.

Trump says he’s found a buyer for TikTok

TechCrunch · 10d ago

Trump says he’s found a buyer for TikTok

President Donald Trump announced that a group of "very wealthy people" is set to buy TikTok, pending likely approval from China. In a Fox News interview, Trump mentioned he would reveal the buyers' identities in two weeks. This follows his push for ByteDance to either sell the app or face a U.S. ban. Trump proposed a potential joint venture with existing or new owners and suggested allies like Larry Ellison or Elon Musk as possible buyers.

TikTok a US security threat, says Trump, similar to Facebook

Economic Times

Economic Times · 1y ago

TikTok a US security threat, says Trump, similar to Facebook

Republican presidential candidate Donald Trump expressed his concerns about TikTok as a national security threat, comparing it to other social media platforms like Meta's Facebook. Lawmakers are considering a bill that would require TikTok's owner, ByteDance, to divest the app within six months. The U.S. House of Representatives will vote on the legislation this week. Trump also criticized Facebook, stating that a ban on TikTok would benefit the company. TikTok argues that the bill essentially amounts to a ban and raises concerns about infringements on free expression. It remains uncertain if China would approve a sale or if TikTok could be divested within the given timeframe.

Trump says 'must have time' to decide on TikTok ban

Economic Times

Economic Times · 5m ago

Trump says 'must have time' to decide on TikTok ban

Incoming US President Donald Trump stated that the Supreme Court's decision to uphold a congressional ban on TikTok should be respected. However, he emphasized the need for time to decide on enforcing the ruling. Trump mentioned that his decision regarding TikTok would be made soon, but he requires time to thoroughly review the situation. He communicated this through his social media platform, Truth Social, asking people to stay tuned for his final decision.

TikTok a US security threat, says Trump, similar to Facebook -CNBC

Reuters · 1y ago

TikTok a US security threat, says Trump, similar to Facebook -CNBC

Republican presidential candidate, Donald Trump, has described the popular short video app TikTok as a national security threat but likened it to other social media platforms such as Facebook. Lawmakers are considering a bill that would give TikTok's owner, ByteDance, six months to divest the app. The US House of Representatives is expected to vote on the legislation this week. Trump claimed that banning TikTok would benefit Facebook, a platform he has criticized in the past. President Joe Biden has indicated he would sign the bill once it is approved. TikTok argues that the proposed legislation effectively amounts to a ban.

Elon Musk sides with Trump after he speaks out against TikTok ban

Business Insider

Business Insider · 1y ago

Elon Musk sides with Trump after he speaks out against TikTok ban

Elon Musk has supported former President Donald Trump's defense of TikTok and criticized Facebook and Mark Zuckerberg. Trump voiced opposition to a potential TikTok ban, claiming that it would benefit Facebook. Musk, owner of social media site X, agreed with Trump's statement and criticized potential bans on TikTok. Musk's comments came in response to a post by Senator Rand Paul, who also defended TikTok and argued for the protection of the First Amendment. A bipartisan bill has been introduced that could result in a ban on TikTok in the US due to concerns about its ties to China.

Donald Trump says open to naming Tesla CEO Elon Musk as an adviser; hints at ending EV tax credit

Economic Times

Economic Times · 10m ago

Donald Trump says open to naming Tesla CEO Elon Musk as an adviser; hints at ending EV tax credit

Donald Trump, former US President, stated that if he were to be elected again, he would consider ending the $7,500 tax credit for electric vehicle purchases. He also expressed openness to naming Tesla CEO Elon Musk to a cabinet or advisory role, acknowledging Musk's intelligence. Trump had sought to repeal the tax credit during his presidency, and he criticized Treasury Department rules that made it easier for automakers to utilize the credit. He additionally mentioned his intention to discourage car exports from Mexico for US consumers by imposing tariffs. Trump also criticized Google and hinted at potential consequences for the company. Regarding TikTok, he did not directly address continuing Chinese ownership but expressed difficulty in banning the app due to concerns about free speech.

Donald Trump calls TikTok a threat but says some kids could 'go crazy' without it

Economic Times

Economic Times · 1y ago

Donald Trump calls TikTok a threat but says some kids could 'go crazy' without it

US presidential candidate Donald Trump claimed that a ban on TikTok would only benefit Facebook, which he has criticized in the past. Lawmakers are considering a bill that would give TikTok's Chinese owner, ByteDance, six months to divest from the app. TikTok, in a letter to Congress, emphasized that it is not controlled by the Chinese government and argued that a sale would jeopardize its efforts to protect US data. The FBI and other departments held a briefing to discuss concerns about the app. Trump also mentioned a meeting with an investor who has a stake in ByteDance.

Trump says without TikTok, 'Facebook and Zuckerschmuck will double their business'

Business Insider

Business Insider · 1y ago

Trump says without TikTok, 'Facebook and Zuckerschmuck will double their business'

Former President Donald Trump has expressed concern over the potential ban of TikTok in the US. He believes that eliminating the app could strengthen Facebook and its CEO, Mark Zuckerberg. Trump's comments come after TikTok users launched a campaign against a proposed bill that would ban the app or require its sale to a non-Chinese company. The White House supports the bill, which aligns with Trump's previous stance on TikTok. Trump has a history of feuding with Zuckerberg, calling him a "criminal" and accusing him of interfering in elections.

Trump to keep Starlink at White House despite break with Elon Musk

Economic Times

Economic Times · 29d ago

Trump to keep Starlink at White House despite break with Elon Musk

President Donald Trump will keep Starlink at the White House despite ending his relationship with its CEO, Elon Musk, though he may relocate his Tesla. This decision follows a public fallout with Musk after Musk criticized Trump's tax and spending bill. Although their relationship is strained, Trump stated he wouldn't mind if Musk reached out. Musk, having deleted some critical social media posts, might be open to repairing ties.

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