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Trump Proposes TikTok Deal with 50% US Ownership Requirement

Trump Proposes TikTok Deal with 50% US Ownership Requirement

Donald Trump promised to resurrect TikTok’s American operations through an executive order he issued on Monday after assuming presidency. In the proposal, he has suggested that for a joint venture to be effected, the American investors must originate at least 50% of the shareholding in the famous social media. This decision is meant to calm mounting national security fears but will also allow TikTok to continue or exist for its users in America.

Trump Pushes TikTok Revival with 50% U.S. Ownership Plan

TikTok, which stopped serving its 170 million U.S. users late Saturday, was ordered shut down by a law citing risks of data misuse under its Chinese ownership of ByteDance. Saying that Americans’ data could be intercepted by China’s authorities, the United States officials speaking for both parties called for more stringent measures.

Trump declared that he would want to postpone how long the law has decisions, which will open the door for talks while making sure that the social media app does not endanger national security, but remains operational. He stressed that shares of the platform will be rather in good hands, and the platform will remain in the American market.

In a post on Truth Social, Trump revealed the details of the executive order that would protect companies that help to keep TikTok online before the deal is made. This declaration is intended to reach out to the main players, such as Apple and Google for continued sustenance of the app.

The proposed deal can mark the potential solution that will satisfy the U.S. regulators duty for taking out the TikTok application on one hand and BitDance on the other hand while not ignoring the cultural value and the economic revenue it provides to the citizens. Given the fact that the app enjoys millions of users in America, the fate of the app remains one of the key concerns when the world continue to discourse over the issues of governing technology and ownership of users’ data.

TikTok Shutdown Sparks Hope with Trump's 90-Day Reprieve Pledge

TikTok users in the U.S. faced a message of ‘sorry, TikTok is no longer available in your country,’ at the weekend as the app shut down operations due to a new law against it. The app informed users that was no longer available but said there was a ray of hope when president-elect Donald Trump expressed willingness to find a solution. Earlier, Trump declared he might delay the TikTok ban until three months after his inauguration if he wins the presidency.

This means that the U.S. has initiated the ban on a massive platform on the social media platform for the first time and many are worried. In addition to impacting millions of users, the ban brings into equation the future state of U.S.-China relation and act as the precedent to control he foreign based application in the country.

In this case, ephemeral transformative technologies like TikTok made app removal from Apple and Google disruptive social and economic experiences. The site has evolved to be relevant to everyone that strives to sell their products, services, content, or ideas to the Internet audience. A shocking question might be asked here: The absence of which application cannot be filled in by any other application and where does this application fit into the applications scheme?

The law that prohibits TikTok also provides the next Us administration with extensive power to block or demand the sale of other Chinese-owned apps, raising talks about national safety and protectionism. The step may well precipitate counteraction from China that will put additional pressure on trade and technology relations between the U.S. and China.

As TikTok users wait for a signal on the next course of action, the apps temporary shutdown is a contribution towards the integration of technology, political and international relations. The course of these negotiations therefore has important implications not only for the future of the application but also for governments’ stewardship of digital platforms in an integrating global economy.

TikTok Ban Spurs Chaos, Alternatives, and Hopes of a Comeback

On the following Saturday, ByteDance’s TikTok and a number of other applications, CapCut and Lemon8, were inaccessible in the USA after the Supreme Court affirmed the bill that banned TikTok for national security purposes. By late Saturday, the apps were gone from the app stores and a simple web search for TikTok resulted in a message stating that the site has been shut down. It had until Sunday to cut all its business ties with its China-based parent company ByteDance or shut down its operations in the US.

The Chinese Embassy in Washington condemned the ban, saying that the US is antigenuinely trying to weaken Chinese enterprises with its state power. According to the announcement a spokesperson said, ‘China will adopt all possible measures to protect its lawful rights and interests’. However, the question about the future of TikTok made to react users looking for new platforms, such as RedNote where people created even #tiktokrefugee while mourning the loss of their online community.

The ban has also opened opportunities for compeditors like Meta and Snap which stocks are up in anticipation of users going back to the platform and generating more ad revenues. Some people have complained about unfulfilled products they ordered through TikTok Shop; other users noted that the platform deprived them of developing relationships on the app. VPN trends also rose as people searched for ways to bypass the restriction, and although NordVPN was functional during the trend, they mentioned server issues.

Marketing agencies as well as companies that heavily rely on TikTok are now seeking their new strategies, as one of the executives said it was time to replace TikTok as if it was on fire. However, there are indications that TikTok maybe allowed to return to the United States under the Trump administration. This is peculiar because Trump has proposed a ‘political solution’ to the problem and showed intent toward a compromise solution, where potentially the platform remains while security issues are resolved.

TikTok’s chief executive, Shou Zi Chew, is said to attend the ceremony in with potential bidders, such as Perplexity AI, expressing interest in buying TikTok US business. But it is critiqued as being a security threat, while industry analysts believe that TikTok’s business in the United States alone could be worth $50 billion. Regardless if they planned to sell, merge or take executive action regarding the application, the future of the product remains blurred but not entirely.

Achaoui Rachid
Achaoui Rachid
Hello, I'm Rachid Achaoui. I am a fan of technology, sports and looking for new things very interested in the field of IPTV. We welcome everyone. If you like what I offer you can support me on PayPal: https://paypal.me/taghdoutelive Communicate with me via WhatsApp : ⁦+212 695-572901
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