Trump says he will revive TikTok, but wants 50% U.S. ownership
2025-01-19 09:30:01 source：CNBC
Janurary 19, 2025
President-elect Donald Trump said he would revive TikTok access in the U.S. by executive order after he is sworn in on Monday, but said he wants the popular social media app to be at least half owned by U.S. investors.
TikTok stopped working for its 170 million American users late on Saturday before a law shutting it down on national security grounds took effect on Sunday. U.S. officials had warned that under Chinese parent company ByteDance, there was a risk of Americans’ data being misused.
Trump said he would “extend the period of time before the law’s prohibitions take effect, so that we can make a deal to protect our national security.”
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