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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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"Something needs to change": Elon Musk questions X's ban in China after TikTok ban reversal
Economic Times
·
6m ago
Medial
Tesla CEO Elon Musk praised President-elect Trump’s decision not to ban TikTok, citing freedom of speech. He noted the imbalance that TikTok operates in the US while X is banned in China, calling for change. Despite a potential benefit to X, Musk opposed TikTok's US ban. Trump agreed to approve TikTok if the US owns 50% to save American jobs. The Chinese app thanked Trump for restoring US access, attributing positive outcomes to the "Trump Effect."
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Watch: The TikTok ban, or at least the effort to force its sale, is gaining steam
TechCrunch
·
1y ago
Medial
A House subcommittee has passed a bill that could lead to a sale of TikTok or a ban on the app in American app stores. Former President Donald Trump has now come out in support of TikTok, while Elon Musk opposes the ban. Congress appears largely in agreement, citing concerns over data safety and potential political interference. The question remains: should TikTok be divested to resolve these issues?
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China signals it is open to a deal keeping TikTok in US
Livemint
·
6m ago
Medial
China expressed willingness to cooperate with Donald Trump to keep TikTok operational in the U.S., modifying its prior stance against a forced sale. This comes amidst new U.S. legislation aiming to ban TikTok. The Chinese Foreign Ministry emphasized compliance with Chinese regulations for any deal. Notably, TikTok founder Zhang Yiming and Elon Musk, a key figure in the matter, have had discussions, potentially smoothing the path for negotiation and investment involving TikTok's U.S. operations.
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Donald Trump says would be open to Musk buying TikTok
Economic Times
·
6m ago
Medial
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.
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Trump to keep Starlink at White House despite break with Elon Musk
Economic Times
·
1m ago
Medial
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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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 says he’s found a buyer for TikTok
TechCrunch
·
1m ago
Medial
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.
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Elon Musk complains about China’s ban on X
Arstechnica
·
6m ago
Medial
Elon Musk criticized China's ban on X, highlighting an imbalance in US-China tech relations, especially as TikTok faces a US ban. While opposing TikTok bans on free speech grounds, Musk pointed out the asymmetry where TikTok is allowed in the US, but X is not allowed in China. Chinese officials stated foreign companies are welcome if compliant with local laws. Musk’s remarks underscore potential conflicts between his business ties in China and his advisory role in the incoming US administration.
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Trump asks Supreme Court to delay TikTok ban so he can weigh in after he takes office
Economic Times
·
7m ago
Medial
President-elect Donald Trump requested the Supreme Court delay the TikTok ban until his administration addresses the issue politically. A law requiring TikTok to divest from its Chinese parent company by January 19 or face a ban is under scrutiny. While TikTok argues against this as a restriction on free speech, the government views it as essential for national security. Trump, although opposing a ban, prepares to resolve the issue after taking office.
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Trump says he 'most likely' will give TikTok 90-day extension to avoid US ban
Economic Times
·
6m ago
Medial
President-elect Donald Trump is considering giving TikTok a 90-day extension to avoid a U.S. ban, allowing more time for its Chinese parent company to sell its U.S. operations. The law banning the app takes effect Sunday, but Trump might announce an extension Monday. The Biden administration has left the decision to Trump, whose inauguration is a day after the ban. TikTok seeks assurance against enforcement, while Apple, Google, and Oracle remain silent on their plans.
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