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US TikTok ban looms as Trump seeks last-ditch solution
Economic Times
·
6m ago
Medial
The US Supreme Court upheld a law mandating TikTok's sale or ban for national security, threatening its accessibility to 170 million US users. TikTok's CEO appealed to President-elect Trump for a resolution, as the app risks a US shutdown unless the Chinese owner finds a buyer by Sunday. The law requires Apple and Google to remove TikTok, facing penalties if accessed. Alternatives like Instagram Reels and YouTube Shorts could benefit from TikTok's potential ban.
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TikTok's fate divides Trump and fellow Republicans as Supreme Court action looms
Economic Times
·
7m ago
Medial
President-elect Donald Trump is asking the Supreme Court to block a U.S. ban on TikTok, citing free speech rights, while many Republicans support the ban over national security concerns. The court, with a conservative majority, faces a significant free speech case. TikTok's parent, ByteDance, must sell the platform or face a ban. Trump, once critical of TikTok, now supports it, creating a divide with Republican allies. The decision could impact digital platforms with foreign ties.
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What lies ahead as TikTok ban looms in US
Economic Times
·
8m ago
Medial
TikTok's appeal to challenge a US law requiring it to divest from its Chinese parent company or shut down in January 2025 has been rejected by a federal court. The law was put in place due to concerns over national security and the potential for the Chinese government to access user data. The ruling has been seen as a victory for US officials in protecting American data and national security. TikTok has until January 19 to sell the app, but plans to appeal the decision in the Supreme Court. Former US President Trump, who initially ordered a ban on TikTok, has since opposed it.
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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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Amazon bids to buy TikTok as deadline looms, US administration official says
Economic Times
·
4m ago
Medial
Amazon has made a last-minute bid to acquire TikTok before the April 5 deadline for the app to find a non-Chinese buyer or face a U.S. ban. President Trump is reviewing TikTok's future amid a proposal to reduce Chinese ownership below a legal threshold. Other interested parties include Blackstone and Andreessen Horowitz. Amazon’s bid, revealed via a letter, has not been taken seriously by many involved in the negotiations.
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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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US Supreme Court to hear TikTok ban case
Economic Times
·
7m ago
Medial
The US Supreme Court is set to hear TikTok’s appeal against a US law requiring its Chinese owner, ByteDance, to sell the app or face a ban. The law, signed by President Biden, alleges TikTok enables Beijing's data collection, which both China and ByteDance deny. TikTok argues the law violates its First Amendment rights. The potential ban may affect US-China relations, especially as President-elect Trump emerges as an unexpected ally of TikTok.
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Donald Trump's pledge to 'never ban' TikTok will be tough to fulfill, legal experts say
Business Insider
·
9m 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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Despite law, US TikTok ban likely to remain on hold
Economic Times
·
1m ago
Medial
The US TikTok ban remains on hold as President Trump considers extending the deadline for the app to secure a non-Chinese buyer. Initially set to be enforced due to national security concerns, Trump has delayed the ban thrice, expressing willingness to extend it further. Although ByteDance has been in talks with US authorities, a sale is yet to be finalized. Meanwhile, TikTok continues its operations and has launched new AI tools for advertisers.
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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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Is TikTok back online in the U.S.? Several users report access to website version | Mint
Livemint
·
6m ago
Medial
A recent TikTok ban in the U.S. led to its app's shutdown due to national security concerns over data misuse by Chinese parent ByteDance, although users still accessed its website. The ban, part of escalating U.S.-China tensions, highlighted fears of Chinese data access, which TikTok denies. President-elect Donald Trump plans to extend the ban's deadline to explore a solution ensuring U.S. control, marking a policy shift from his previous attempts to ban the app outright.
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