TikTok, Trump
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CNN |
Advisers to President Donald Trump are expected Wednesday to present the president with options for a deal to invest in TikTok that involves a number of well-heeled venture capital, private equity fun...
Reuters |
A startup run by Tim Stokely, founder of adult content social media site OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Ch...
Reuters |
Bidders for the short video social media company are piling up, as the weekend deadline for TikTok to find a buyer approaches.
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Trump said his EO will give TikTok's Chinese parent company another 75 days to sell its stake in the social media app or else be banned in the U.S.
Under Mr Trump the process has run even farther off the rails. The president has no authority to delay the ban unless a deal is well under way. But on his first day in office Mr Trump signed an executive order telling the Department of Justice not to enforce the law for 75 days.
9hon MSN
President Donald Trump had a TikTok deal in place Wednesday for the app's operations to be spun off into a new company based in the U.S. and owned and operated by a majority of American investors, with ByteDance maintaining a minority position,