U.S. President-elect Donald Trump said on Saturday he would "most likely" give TikTok a 90-day reprieve from a potential ban after he takes office on Monday, as the app with 170 million American users buzzed with nervous anticipation ahead of a shutdown set for Sunday.
On Saturday, TikTok users in the United States scrolled through the app for what could be its final hours after the Supreme Court upheld a law that requires ByteDance, TikTok’s Chinese parent company, to sell the app by Sunday or otherwise face a ban.
Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a merger instead of a sale,
Ahead of the expected TikTok ban in the U.S., creators on the app posted heartfelt goodbyes to their fans. The Supreme Court on Friday ruled unanimously to uphold the law requiring a forced sale or ban of TikTok.
Whether or not the ban holds for very long, the many unique communities on the platform will inevitably scatter across myriad smaller apps — and many will disappear altogether.
TikTok plans to cease operations in the United States on Sunday unless President Joe Biden intervenes before he leaves office one day later.
Project Liberty, an organization led by billionaire Frank McCourt, has made an offer to ByteDance to purchase TikTok's U.S. assets.
The popular platform could be banned on Jan. 19 under a federal law, while many parties have expressed interest in buying the asset.
For now, TikTok’s ability to operate stateside hangs in the balance after the Supreme Court upheld the law demanding that TikTok divest from its Chinese owner or face a ban.
In our news wrap Saturday, TikTok says it will go dark for its U.S. users on Sunday as Trump signaled he may give the app a 90-day reprieve, crews are working to move Trump’s inauguration into the Capitol Rotunda due to sub-freezing temperatures,
With 170 million American users on the platform, a nationwide TikTok ban would have serious consequences, dealing a profound economic, social, and political blow to its creators and users.