Theyet Again: delays in ByteDance’s TikTok Christmas
1. The delays in the ByteDance-TikTok deal
On Wednesday, President Donald Trump will sign another executive order to extend TikTok’s exclusivity in the United States for another 90 days. This extends the time frame for companies like ByteDance and TikTok to divest from the U.S.-based entity before the end of the TWODAY deadline on Saturday. According to the white House press secretary, Karoline Leavitt, this delay signifies Trump’s third failure to secure a deal that would ensure TikTok continues to operate in the U.S.
2. Trump’s brash demand
Now, on Air Force One, Trump has called for a second extension of the deadline, stating, “Probably, I think we’ll get it.” He emphasized the need to buy TikTok from the U.S. or sell its assets to allow the payments holiday for U.S. workers. Trump is also opening plans to buy the social media, but it remains to be seen whether he can push through this idea.
3. A Turing perfect buyout
Surprisingly, only a few companies are out there as candidates for a TikTok divestment. Amazon, oracle, and Microsoft have emerged as potential suitors. Amazon herself has offered toઽ capture TikTok’s entire Department, while Oracle’s bid would include oversight of U.S. data. Microsoft’s involvement is less significant as the president has targeted the tech industry more specifically.
4. Legal kk então
The legal road judge is well underway. legislation to force TikTok to divest or ban it to the U.S. is under Biden’s control, pending cautious deference to Congress. The White House previously discussed forced sale plans, implying a deepening effort to secure the U.S. from TikTok’sExpand.
5. Social media wiki-path
Users on TikTok showcased personal tales about a parades celebrating the Army’s 250th anniversary and Trump’s 79th birthday. They accused the platforms of celebrating events they plainly didn’t intend to attend. Some users even offered to reserve tickets for such events, skewering the traditional approach. Many social media users used the same tactic in 2020’s election rallies, some claiming to be from Europe.
6. GlobalLooking at global tech
P Twenty-five years ago, Bytespace began pushing laws requiring TikTok to exit the U.S. or ban entirely. That surrounded by bipartisancontri disputes about U.S. privacy. Forbes had previously linked TikTok’s involvement with data cloning in China, though ByteDance deny accounts such claims. Trump’s navigating through the territories, from calls to regulation to pushing for broader tech advancement, now seems derailed by the latest delays.
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