The future of TikTok in the U.S. is uncertain as it faces another potential ban. The Chinese-owned app was previously scheduled for a shutdown pending ownership changes. Recent discussions involve a coalition of U.S. investors who might buy a 50% stake in TikTok's operations while keeping some existing stakeholders involved. However, whether ByteDance will agree to this change and if the Chinese government would approve it remains in limbo. Former President Trump has hinted at negotiating terms with China, but as of now, no concrete talks appear to have occurred.
TikTok could face a ban soon as it navigates ownership talks amid unresolved negotiations between U.S. investors and the Chinese government regarding ByteDance's operations.
Donald Trump previously postponed the TikTok ban, but the uncertainty of ownership transfer and approval from both investors and China complicates the situation.
Collection
[
|
...
]