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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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TikTok a US security threat, says Trump, similar to Facebook
Economic Times
·
1y ago
Medial
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.
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TikTok a US security threat, says Trump, similar to Facebook -CNBC
Reuters
·
1y ago
Medial
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.
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Biden says he would sign TikTok crackdown, Trump raises concerns
Economic Times
·
1y ago
Medial
President Joe Biden has stated that he will sign legislation requiring China's ByteDance, the parent company of TikTok, to divest the popular video app in the U.S. within six months. This comes as former President Trump expressed concerns about a ban on TikTok, saying it would benefit Facebook. The U.S. House of Representatives plans to vote on the legislation next week, but its outcome in the Senate remains uncertain. The bill would give ByteDance 165 days to divest TikTok, and failure to do so would lead to the app being unavailable on major app stores.
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Donald Trump calls TikTok a threat but says some kids could 'go crazy' without it
Economic Times
·
1y ago
Medial
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.
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Australia PM says social media firms now have a responsibility to protect kids
Economic Times
·
8m ago
Medial
Australian Prime Minister Anthony Albanese has stated that social media platforms have a responsibility to safeguard children after the country's parliament passed a bill prohibiting those under 16 from using such services. This move sets a precedent for stricter regulations targeting Big Tech and imposes fines on platforms like Instagram, Facebook, and TikTok if they fail to prevent minors from accessing their platforms. The law will go into effect after a year, following a trial of enforcement methods starting in January. Despite criticism, Albanese asserts that passing the bill now without completing the age verification trial is the correct approach.
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Biden won't enforce TikTok ban, leaving fate of app to Trump, says US official
Economic Times
·
6m ago
Medial
President Joe Biden will not enforce the TikTok ban set by Congress, leaving its fate to President-elect Donald Trump. While Congress mandated ByteDance to divest TikTok, the outgoing administration is deferring enforcement to Trump. Notably, incoming officials suggest TikTok might be preserved, indicating bipartisan efforts to extend deadlines and find American buyers. Despite previous attempts to ban it, Trump’s team now acknowledges TikTok’s significance for communication and influence, especially among younger voters.
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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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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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Perplexity AI submits bid to merge with TikTok
TechCrunch
·
6m ago
Medial
Perplexity AI has submitted a bid to merge with TikTok US amid potential bans in the US, suggesting a new entity with TikTok US and new equity partners. ByteDance investors could retain their equity. The potential law could force ByteDance to sell or face a ban by January 19. President Trump may grant a 90-day extension, but TikTok might face shutdown without Biden administration assurances. ByteDance insists it won't sell TikTok despite multiple buyer interests.
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Oracle, Apple, Google diverge on whether to keep serving TikTok
Economic Times
·
6m ago
Medial
Apple, Google, and Oracle have diverged in their responses to the US government’s national security concerns regarding TikTok. Oracle continues its cloud services for TikTok, benefiting from a longstanding business relationship, while Apple and Google removed TikTok from their app stores, citing legal risks. Oracle's close ties with Trump and significant revenue from TikTok influence its decision. Meanwhile, ByteDance, TikTok’s parent company, faces uncertainty over its future in the US, pending divestiture demands.
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