"TikTok has been beset by troubles since 2024, when lawmakers, under the Joe Biden administration, passed legislation to force the platform to divest itself of its ownership by the Chinese internet company ByteDance. Trump, who delayed the ban via an executive order when he assumed office in January 2025, praised this week's deal. In a post on Truth Social early on Friday, Trump touted his role in saving TikTok and said the agreement marked a very dramatic, final and beautiful conclusion."
"It will now be owned by a group of Great American Patriots and Investors, the Biggest in the World, and will be an important Voice, Trump wrote. I only hope that long into the future I will be remembered by those who use and love TikTok, the president added. Trump has repeatedly praised the app for enabling him to reach a younger fan base during the campaign season."
TikTok announced a joint-venture to create a US-controlled entity that will allow the platform to avoid a potential ban. The new entity will be controlled by investment companies, many of them American and several linked to Donald Trump. The platform is used by more than 200 million Americans and 7.5 million businesses. US lawmakers passed legislation in 2024 requiring ByteDance to divest TikTok, triggering prolonged legal and political conflict. Donald Trump issued an executive order in January 2025 delaying the ban and publicly praised the new agreement. TikTok's CEO Shou Zi Chew has testified to Congress about privacy, security and child safety concerns.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]