Trump Delays TikTok Ban, Seeks U.S. Buyer for App's Future

A Supreme Court ruling upheld the TikTok ban, but Trump's executive order has paused enforcement, opening a 75-day window for a potential sale.

The Supreme Court ruled the divest-or-ban law targeting TikTok constitutional, giving the app 38 hours to sell its U.S. assets or face shutdown.
TikTok briefly went offline in the U.S. before service was restored following Trump's announcement of an executive order delaying enforcement of the ban by 75 days.
Trump's proposed plan involves a U.S. buyer taking a 50% stake in TikTok, with the U.S. government owning the other half, though legal and political hurdles remain.
Potential buyers include Elon Musk, Larry Ellison, and other major investors, with some analysts raising concerns about antitrust implications.
Existing TikTok users can still access the app, but it remains unavailable for new downloads on U.S. app stores, leading to a surge in secondhand iPhones with TikTok pre-installed being sold at inflated prices.