Also in today’s newsletter, Trump warns Putin to reach Ukraine ‘deal’ soon, and Pakistan to seek extradition of billionaire tycoon from UAE

TikTok went dark for a few hours in the U.S. before the ban was suddenly reversed Sunday. Here's what to know about President Trump's executive order.

WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.

Trump's most recent plan for TikTok centers on demands that the United States be given a 50% ownership position in the app under any proposed deal.

Donald Trump is now being hailed as TikTok's savior after he tried to ban the app during his White House first term.

President Donald Trump’s decision to issue an executive order Monday delaying enforcement of the federal ban on TikTok has deepened a murky legal landscape in the US for the popular social media app and its technology partners.

TikTok, with 170 million US users, faces a potential ban unless its Chinese owner, ByteDance, sells its US operations. President Trump has delayed the ban, considering alternatives like a joint ownership with US investors.

Donald Trump told a pre-inaugural, MAGA-heavy rally that “TikTok is back,” as he has pledged to sign an executive order that will give the social media platform more time amid a new U.S. law requiring a divestiture from its Chinese parent ByteDance.

The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers

The disappearance of popular video app TikTok in the U.S. this week highlighted the looming ban which President Donald Trump’s executive order has delayed this week.

President Donald Trump had recently expressed his support in SpaceX and Tesla CEO Elon Musk or Oracle CEO Larry Ellison purchasing TikTok.