Monday, 20 January 2025
27.3 C
Singapore
30.9 C
Thailand
22.6 C
Indonesia
26.8 C
Philippines

Trump hints at TikTok revival with proposed US ownership deal

Trump plans to delay the TikTok ban and proposes a US ownership deal to restore the app and address national security concerns.

TikTok users in the United States experienced a blackout on Saturday night as the app went offline. However, it might not be the end for the popular platform. Former President Donald Trump, set to begin his second term on Monday, has shared plans to extend the timeline for a potential ban and negotiate a deal to address national security concerns.

Trump promises to delay TikTok ban

In a post shared on Truth Social on Sunday morning, Trump revealed his intention to issue an executive order on Monday. The order would delay the ban’s enforcement, allowing a deal to be finalised. Trump’s announcement came after the app went dark due to a lack of assurances from the White House, leaving users unable to access its features.

Trump explained his reasoning in the post, saying the extension would provide time to secure a solution that protects US interests. He stated, “We can make a deal to protect our national security,” offering TikTok a chance to remain operational in the United States.

A joint venture proposal

The former president also shared his idea for resolving the situation. His proposal involves a joint venture between ByteDance, TikTok’s current parent company, and new stakeholders. Trump suggested that US investors hold a 50% ownership stake in the venture, ensuring American control over the app’s operations.

This development follows a bipartisan push in Congress last April to either force TikTok’s sale or impose a complete ban. President Joe Biden swiftly signed the law. Despite supporting a sale during his first term, Trump has opposed the outright ban, calling for a solution that keeps TikTok accessible while addressing security concerns.

The Supreme Court upheld the legislation last Friday, and the ban was set to take effect on Sunday. With the inauguration looming, White House and Department of Justice officials indicated they would defer the ban’s implementation to the incoming administration.

TikTok seeks assurances as users await clarity

Before going offline, TikTok called for clarity on whether “critical service providers” hosting or listing the app would face penalties. Without such guarantees, the app shuts down operations. A TikTok spokesperson criticised the lack of definitive guidance, calling it a significant barrier.

In response, Trump urged companies to help restore the app’s services before his executive order was issued. “I’m asking companies not to let TikTok stay dark,” he wrote, reassuring that his order would remove liability for any firms involved in maintaining the app’s availability.

TikTok echoed Trump’s remarks, promising users that they were working towards a solution to bring the app back online. “We are fortunate that President Trump has indicated that he will work with us on a solution to reinstate TikTok once he takes office,” the platform stated in a message to users.

Trump’s post emphasised the importance of TikTok’s return, particularly for sharing events like Monday’s inauguration. “Americans deserve to see our exciting Inauguration on Monday, as well as other events and conversations,” he wrote.

The fate of TikTok now hinges on Trump’s proposed deal and the cooperation of key stakeholders. With millions of users awaiting updates, the next steps could shape the app’s future in the United States.

Hot this week

DJI Flip: A US$439 foldable camera drone built for portability

Discover the DJI Flip, a US$439 foldable camera drone with 4K recording, 48MP photos, and 31-minute battery life, perfect for photographers on the go.

More applicants but harder to hire: LinkedIn highlights hiring challenges in 2025

LinkedIn's 2025 research highlights hiring struggles in APAC, driven by a skills mismatch, rising AI demands, and new tools to address these challenges.

Bioptimus secures US$41M to create groundbreaking AI for biology

French startup Bioptimus raises US$41M to develop AI that simulates biological processes, driving medical, biotech, and cosmetic innovations.

Commvault introduces automated recovery for Microsoft Active Directory amidst growing ransomware threats

Commvault launches automated recovery for Microsoft Active Directory, reducing downtime and improving resilience against growing ransomware attacks.

OPPO partners with Mobile Legends: Bang Bang for a smooth gaming experience on the Reno13 series

OPPO partners with Mobile Legends: Bang Bang for the Reno13 Series, unveiling the MLBB x OPPO Smooth Legend Cup with prizes worth US$10,000+.

TikTok services were restored in the US after a brief shutdown

TikTok restored its service in the US after a brief outage following former President Trump’s executive action to delay a looming nationwide ban.

Beyond TikTok: How Xiaohongshu (RedNote) is shaping social media trends in the post-ban era

Discover how Xiaohongshu is transforming social media trends after the TikTok ban, creating new opportunities for users, creators, and marketers worldwide.

Genshin Impact developer settles FTC charges with US$20 million fine

Genshin Impact developer Cognosphere agrees to pay a US$20 million fine and implement changes to in-game purchases following FTC charges.

Nintendo leaves the original Donkey Kong Country Returns team out of remaster credits

Nintendo's Donkey Kong Country Returns HD remaster omits the original Retro Studios team from credits, sparking discussions about crediting in gaming.

Related Articles

Popular Categories