#Trump Wants to Take Control of TikTok#
Hot Topic Overview
Overview
Trump recently announced that he would issue an executive order to postpone the ban on TikTok and plans to set up a joint venture with a 50% stake for the US to ensure control of TikTok and keep it operating. Trump said the move was to protect national security and demanded the company not let TikTok "stay dark." TikTok said it would work with Trump to develop a long-term solution to keep TikTok in the US.
Ace Hot Topic Analysis
Analysis
Trump recently announced that he will issue an executive order delaying the ban on TikTok and plans to set up a joint venture in which the US would own 50% of the shares to ensure it controls TikTok and allows it to continue operating. Trump said the move was to protect national security and urged American companies to participate in the joint venture to help TikTok relaunch in the US. The Trump team has worked with tech companies to find solutions to allow TikTok to continue operating in the US. TikTok has also said it will work with Trump to develop a long-term solution to keep TikTok in the US. However, ByteDance has previously repeatedly said it will not sell TikTok's US assets, so it remains uncertain whether Trump's plan can be successfully implemented.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump plans to help TikTok continue operations through an executive order, establishing a joint venture with a 50% stake for the US to ensure control and continued operation of TikTok.
Trump has asked companies to keep TikTok from going dark and has called for US partial ownership in the joint venture.
The Trump team is working with technology companies to bring TikTok back online in the US, and has said it is not ruling out the possibility of China continuing to own TikTok and the firewall.
TikTok has said it will work with Trump to develop a long-term solution to keep TikTok in the US.