The President’s duty is to enforce the law, not cut a deal with China.
"Shark Tank" investor Kevin O'Leary discussed TikTok's future, particularly the role of a "secret golden share" as his offer for the platform remains on the table.
Users have flooded the app with satirical videos poking fun at the U.S. government's claims about data security.
Trump has said he has a "warm spot" for the app, a distinct change of heart after his first administration first called for a ban on TikTok.
The US Supreme Court upheld a law to force TikTok’s sale from a Chinese state-owned firm, even as President Biden and President-elect Donald Trump have sought to block the divestment.
Incoming President Donald Trump said Friday that he has discussed solving the problem of TikTok with China’s president Xi Jinping. The social media platform owned by Chinese tech giant ByteDance is set to face a nationwide ban starting Jan.
President-elect Donald Trump vowed to issue an executive order on Monday to postpone the ban on TikTok from going into effect.
Han has used the visit to meet with members of the American business community, including Tesla CEO and close Trump associate Elon Musk, according to Chinese state agency Xinhua. Musk is widely thought to be seen by Beijing as more sympathetic to its interests than others in Trump’s orbit.
In an unsigned opinion, the Court sided with the national security concerns about TikTok rather than the First Amendment rights. There were no noted dissents.
Tesla ( TSLA) stock jumped more than 6% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.