Washington, United States - President-elect Donald Trump's repeated support for TikTok has sparked speculation about potential solutions to prevent the
Washington, United States – President-elect Donald Trump’s repeated support for TikTok has sparked speculation about potential solutions to prevent the app’s impending ban in the United States, though the path forward remains unclear.
Congress overwhelmingly passed legislation, signed by President Joe Biden in April, that would block TikTok from US app stores and web hosting services unless Beijing-based ByteDance sells its stake by January 19. The law enjoyed rare bipartisan support in a divided Washington, making its outright repeal through a vote in Congress politically unlikely even with Trump’s influence over Republicans.TikTok has appealed to the nation’s highest court, arguing the law violates First Amendment rights to free speech.
Former Trump Treasury secretary Steve Mnuchin, who runs a private equity fund backed by Japan’s SoftBank Group and Abu Dhabi’s Mubadala sovereign wealth fund, has expressed interest. Elon Musk, given his proximity to Trump and ownership of X, could also have a role to play, as he has expressed plans to transform the text-focused platform into something more like TikTok.
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