TikTok, Deadline
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The plan would be to spin out TikTok into a new company and bring on new American investors to reduce the ownership stakes of Chinese investors.
From The New York Times
According to a source familiar with the White House led discussions about a deal, Amazon made a late bid to buy TikTok.
From NBC News
Trump said that a deal is close on Tiktok, with multiple investors involved.
From Reuters
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The app went dark in January, though Trump’s deadline extension led to its reactivation. The current value ranges from $100 to $200 billion.
TikTok’s future is in limbo as another deadline looms. For some users, nothing has been the same since those 14 hours in January anyway.
There are only a few days left for TikTok to find a new owner before Saturday, when the social media platform is set to get banned for the second time
TikTok, which boasts more than 170 million users, has been under fire by U.S. legislators over concerns about data privacy and national security. In order to save the app, Trump gave the social media site until April 5 to divest and find a U.S.-based owner.
Romania has not announced a TikTok ban as of March 19, contrary to online posts that the deputy head of Romania’s telecoms regulator says have misused an appeal made by him in November.
President Donald Trump’s executive orders have spurred more than 130 lawsuits, but one related to TikTok barely generates a peep.
As TikTok’s April 5th sell-by date approaches, Americans are back to where they stood before the original January deadline: watching anxiously to see if a major social media app gets banned.
A Venezuelan digital rights group developed an application to access censorsed news without the need for a VPN
If ByteDance does not sell TikTok by April 5, the app could be banned again. Donald Trump plans to stop it. Here's what to know before the deadline.