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Donald Trump's pledge to 'never ban' TikTok will be tough to fulfill, legal experts say
Business Insider
·
8m ago
Medial
Despite Donald Trump's promise during his presidential campaign not to ban TikTok, the app is facing potential banning as Trump takes office in 2024. TikTok's owner, ByteDance, is required to divest from its US assets or face a ban from app stores based on a law passed by Congress. TikTok is challenging this law in court but is not yet successful. Even with Trump's election win, the future of TikTok in the US remains uncertain as Trump cannot simply repeal the law. He has two options to intervene - not enforcing the law or claiming it doesn't apply to TikTok - but both approaches come with legal challenges and uncertainties. It remains unclear if Trump will prioritize saving TikTok as he begins his term.
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Elon Musk sides with Trump after he speaks out against TikTok ban
Business Insider
·
1y ago
Medial
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.
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Trump says without TikTok, 'Facebook and Zuckerschmuck will double their business'
Business Insider
·
1y ago
Medial
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.
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Trump takes off on TikTok
TechCrunch
·
1y ago
Medial
Donald Trump has launched a TikTok account, despite previously trying to ban the social media platform. Trump's account currently has only one post featuring footage of him at a UFC event, which has already been viewed over 31 million times. With over 1.7 million followers, Trump's move highlights the appeal of TikTok's 170 million US users for politicians, especially as the platform could help reach younger and disengaged voters. This comes after Trump's support for banning TikTok seemingly reversed, with him now claiming it would strengthen competitors like Facebook.
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Why the last attempt to ban TikTok failed
Business Insider
·
1y ago
Medial
The US Congress has passed a bill that could force TikTok to divest its US business or shut down, bringing a potential ban closer to reality. This is not the first time TikTok has faced such threats. In 2020, then-President Donald Trump attempted to ban the app over security concerns and Chinese ownership. However, TikTok denied sharing data with China and sued the US government. A federal judge granted an injunction, and when President Joe Biden took office, he rescinded Trump's executive order. Now, the tables have turned, with Biden indicating he would sign the latest ban bill if it passes in the Senate. TikTok has vowed to fight the ban once again.
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Trump administration asserted sweeping power in seeking to bypass TikTok ban - The Economic Times
Economic Times
·
11d ago
Medial
In newly disclosed documents, Attorney General Pam Bondi stated that former President Trump claimed constitutional powers to override laws banning TikTok, asserting his executive authority. This move implied companies like Apple and Google could lawfully operate TikTok despite a congressional ban. Legal experts view this as a significant overreach of presidential power, setting a new precedent for executive authority. The TikTok ban arose from concerns about data privacy and influence by its Chinese parent, ByteDance.
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Donald Trump says he will extend TikTok deadline for 75 days
Economic Times
·
3m ago
Medial
President Donald Trump extended the deadline by 75 days for ByteDance to sell U.S. assets of TikTok to a non-Chinese buyer to avoid a ban. Trump's administration is in talks with multiple groups regarding a potential deal. Plans involve creating a U.S. TikTok entity, reducing Chinese ownership below 20%, and discussions involve entities like Susquehanna International Group and General Atlantic. Walmart is also interested. Chinese government approval remains a key obstacle.
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Is Trump unveiling a crypto wallet? His associates say yes. His sons say no.
Economic Times
·
1m ago
Medial
A flashy new website claimed to announce a cryptocurrency venture backed by President Donald Trump, featuring the "Official $TRUMP Wallet." However, Trump's sons quickly distanced themselves from the project, with Donald Trump Jr. stating there was no family connection. A rift within the Trump crypto ventures surfaced, involving Bill Zanker, a Trump business partner, and World Liberty Financial, a separate crypto business founded by Trump's sons, highlighting the complex web of competing interests in Trump's crypto endeavors.
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Trump says China could get tariff relief if it approves TikTok deal
Economic Times
·
3m ago
Medial
President Donald Trump indicated he might consider tariff relief for China if it approves a sale agreement for TikTok, owned by ByteDance. Speaking aboard Air Force One, Trump highlighted the potential use of tariffs as a negotiation tool, suggesting China might exchange TikTok's approval for tariff concessions. TikTok faces an April 5 deadline to find a non-Chinese buyer to avoid a U.S. ban. Discussions involved multiple investors, and Trump's administration is close to a deal.
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US House Republicans forge ahead with TikTok bill despite Trump
Reuters
·
1y ago
Medial
Republicans in the U.S. House of Representatives are moving forward with plans to ban the TikTok app, despite former President Donald Trump's opposition. The legislation addresses concerns over Chinese ownership of TikTok and its potential national security risks. The bill would require TikTok's Chinese owner, ByteDance, to divest the platform within six months. Trump, however, expressed concerns about the legislation benefiting Facebook and Instagram. House Speaker Mike Johnson is set to bring the bill to the floor on Wednesday. Calls from teenage TikTok users and the company's lobbying efforts are also influencing the process.
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How TikTok’s Trump whisperer changed minds in Washington
Livemint
·
7m ago
Medial
Tony Sayegh, head of public affairs at one of TikTok's biggest investors, became an advisor to the social media platform as it faced a potential ban under the Biden administration. Sayegh reached out to former President Donald Trump and his advisers, arguing that banning TikTok would benefit both President Biden and Meta Platforms. Trump subsequently expressed support for TikTok. While the outcome remains uncertain, TikTok executives see Trump's re-election as their best chance at remaining in the U.S. Sayegh played a significant role in negotiating TikTok's position.
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