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3mo ago

TikTok Ban Delayed as ByteDance Seeks U.S. Buyer

President Trump issues a 75-day pause on TikTok's ban to allow negotiations for ByteDance's divestiture, while the app remains unavailable in U.S. app stores.

TikTok is seen in the app stores of an iPhone and Google Pixel on January 8, 2025.
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Overview

  • The U.S. Supreme Court upheld a law requiring ByteDance to sell TikTok's U.S. operations by January 19, or face a nationwide ban, citing national security concerns.
  • President Trump delayed enforcement of the ban by 75 days through an executive order, allowing ByteDance more time to negotiate a sale to an American buyer.
  • Apple and Google have not reinstated TikTok in their app stores due to potential legal exposure, despite the app being temporarily restored for existing users.
  • Potential buyers include Elon Musk, Larry Ellison, and investor groups led by Kevin O’Leary and Frank McCourt, though no deal has been finalized.
  • Legal experts highlight uncertainties around Trump’s executive order, as it does not change the law, leaving TikTok's future in the U.S. unresolved.