Trump Could Save TikTok Without a Sale, ByteDance Insider Suggests

TikTok’s parent company, ByteDance, is reportedly looking for ways to keep the app running in the U.S. without having to sell it. This comes after the Supreme Court upheld a national security law that could force TikTok to either shut down or be sold to a non-foreign entity.

Last weekend, TikTok users in the U.S. experienced a brief outage, sparking concerns. However, the app came back online after former President Donald Trump reassured ByteDance that the law wouldn’t be enforced immediately. Trump later signed an executive order delaying enforcement for 75 days, giving him time to explore options that balance national security with the app’s popularity among 170 million Americans.

While Trump’s order didn’t suggest overriding the ban-or-sale requirement, ByteDance isn’t giving up. A board member, Bill Ford, hinted at a potential non-sale solution during a recent event. He mentioned that ByteDance is considering options like changing local control to comply with U.S. laws, without handing over ownership.

This isn’t the first time alternatives to a sale have been discussed. President Biden’s earlier efforts, known as Project Texas, aimed to keep U.S. TikTok data secure without forcing a sale. However, those efforts stalled, leading to the current national security law.

Ford remains hopeful, stating that ByteDance is “optimistic we will find a solution” that avoids selling a major part of TikTok. He added, “There are a number of alternatives we can talk to President Trump and his team about that are short of selling the company.”

For now, the future of TikTok in the U.S. remains uncertain, but ByteDance is clearly exploring every possible path to keep the app alive.

Trump Could Save TikTok Without a Sale, ByteDance Insider Suggests
https://www.99newz.com/posts/trump-tiktok-sale-options-2318
Author
99newz.com
Published at
2024-12-16
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CC BY-NC-SA 4.0