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KEY TAKEAWAYS
- TikTok mentioned Sunday it is within the strategy of restoring service after President-elect Donald Trump mentioned he would challenge an government order on Monday to delay the Chinese language-owned app’s ban within the U.S.
- Trump additionally mentioned he needs 50% U.S. possession of the Chinese language-controlled app.
- The app went “darkish” Sunday after the Supreme Courtroom on Friday upheld a legislation requiring its father or mother ByteDance promote the platform or face a ban within the nation.
TikTok mentioned Sunday it was within the strategy of restoring entry to its app after President-elect Donald Trump mentioned he would challenge an government order on Monday to delay banning the Chinese language-owned social media app.
Trump, whose inauguration is at midday ET on Monday, additionally mentioned in a put up on his social media platform Reality Social that he needs the U.S. to personal half of TikTok.
“In settlement with our service suppliers, TikTok is within the strategy of restoring service,” TikTok mentioned in a put up on X. “We thank President Trump for offering the mandatory readability and assurance to our service suppliers that they may face no penalties offering TikTok to over 170 million People and permitting over 7 million small companies to thrive.”
The app went “darkish” on Sunday after the Supreme Courtroom on Friday upheld a legislation requiring its father or mother ByteDance promote the platform or face a U.S. ban. A legislation handed by Congress and signed by President Joe Biden in April required that TikTok’s Chinese language father or mother firm divest the short-video website Jan. 19 or not be allowed to function within the U.S. on nationwide safety grounds.
“I’m asking corporations to not let TikTok keep darkish! I’ll challenge an government order on Monday to increase the time period earlier than the legislation’s prohibitions take impact, in order that we are able to make a deal to guard our nationwide safety,” Trump mentioned in a put up on his social media platform, Reality Social. “The order can even verify that there will likely be no legal responsibility for any firm that helped preserve TikTok from going darkish earlier than my order.”
Trump Seeks 50% US Possession of TikTok
“My preliminary thought is a three way partnership between the present homeowners and/or new homeowners whereby the U.S. will get a 50% possession in a three way partnership arrange between the U.S. and whichever buy we so select,” Trump added, noting such a transfer would “save TikTok.”
Although Chinese language officers desire that TikTok keep below ByteDance’s management, they’ve additionally mentioned internally choices together with permitting a “trusted non-Chinese language get together” resembling Elon Musk to purchase TikTok’s U.S. operations, in keeping with a number of studies final week.
Nonetheless, the app was not out there on Alphabet’s (GOOGL) Google Play Retailer and Apple’s (AAPL) App Retailer within the U.S. early Sunday afternoon.
“Pursuant to the Defending People from International Adversary Managed Functions Act, apps developed by ByteDance Ltd. and its subsidiaries — together with TikTok, CapCut, Lemon8, and others — will not be out there for obtain or updates on the App Retailer for customers in america beginning January 19, 2025,” Apple mentioned in an announcement on its web site.