TikTok, which was about to be banned from US service starting on the nineteenth (local time), was given time until the twenty first attributable to overlapping public holidays. And it’s reported that the Trump administration, which takes office on the twentieth, may have less time to barter the sale. For now, service interruption next week has been avoided.
Bloomberg quoted two Biden administration officials as saying that TikTok’s service deadline, the nineteenth, is Sunday, and that the subsequent day, the third Monday of January, is Martin Luther King Jr. Day, and that service suspension is something the incoming administration will implement starting on the twenty first.
On this case, the Trump administration can extend the service suspension for 90 days attributable to sale negotiations. Michael Walz, the Trump administration’s recent national security adviser, announced today that he actually plans to search out a technique to extend service. “The TikTok ban allows for an extension so long as a feasible deal is on the table,” he said in an interview with Fox News. “We’ll take steps to be sure that TikTok isn’t left in the dead of night.”
This allowed TikTok to take a breather. Nonetheless, that is conditional on the sale, and doesn’t mean that ByteDance can proceed to operate TikTok in the US.
Specifically, Advisor Walz said, “President-elect Trump doesn’t want the Chinese Communist Party to acquire Americans’ passwords and data.”
As this information became known, news broke that TikTok CEO Shouchu would attend the presidential inauguration ceremony on the twentieth. He flew to Florida last month and met with President-elect Trump.
It’s unclear whether TikTok might be sold to an American company. There have been rumors that the Chinese government was considering CEO Elon Musk as a buyer, but it surely is alleged that discussions are still within the early stages. ByteDance denied this.
As well as, issues related to TikTok arose on at the present time. Evaluation has emerged that if ByteDance sells TikTok, the acquisition cost could reach $50 billion.
Also, based on the South China Morning Post, fake foreigners pretending to be ‘TikTok refugees’ are gathering followers on ‘Douyin’, the Chinese version of TikTok.
The Information reported that Americans are rapidly flocking to Xiaohongshu, which is taken into account a substitute for TikTok, and that the Chinese government is considering censoring ideas. On this case, overseas users are more likely to be blocked.
Reporter Lim Da-jun ydj@aitimes.com