NEW YORK – ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.
Start-ups with Chinese ties have found it increasingly difficult to do business and list shares in the United States.
Many people are listing iPhones with TikTok installed on eBay for thousands of dollars as the app remains absent on Google and Apple app stores.
In an executive order signed on Monday, Trump instructed the U.S. attorney general to not enforce the ban for 75 days while his administration determines “the appropriate course forward in an orderly way that protects national security while avoiding an abrupt shutdown” of TikTok.
Measure directs Justice Department to not enforce the law for 75 days while administration determines “the appropriate course forward.”
President Trump's executive order pausing the TikTok ban for 75 days might not protect the app's technology partners from $850 billion in fines.
The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.
ByteDance is exploring a deal to keep TikTok running in the United States without selling its operations there, according to board member Bill Ford.
An eBay seller in Raleigh, North Carolina, took things to a whole new level, listing a 128GB iPhone 15 Pro for a staggering price of over £3.65 ($4.5) million. This particular phone boasts both TikTok and CapCut, a pre-installed video editing app developed by ByteDance.
As the U.S. government recognizes China's ByteDance's video platform TikTok as a national security threat and moves to ban its use, TikTok creators hold a press conference at the U.S. Capitol in Washington,