image text translation
IVLWS
ILoH
PoLL6Y
Trump says heil delay TikTok ban but the
platform must be sold
The coming
president also says he wants the US government
to buy it.
By Lauren Feiner
a senior policy reporter at The Verge, covering the intersection of
Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing
about antitrust, privacy, and content moderation reform
Jan 20, 2025, 103 AM GMT+9
f
74
Comments (74 New)
@
Cath Virginia
The Verge
Photo from Getty Images
President-elect Donald Trump says he wants service
image text translation
providers like Apple and Google to put TikTok back
online in the US, and he proposed creating a joint venture
where the US owns 50 percent of the app:
“I’m asking companies not to let TikTok stay dark!’
Trump wrote on Truth Social Sunday. “I will issue an
executive order on Monday to extend the period of time
before the law’s prohibitions take effect, so that we can
make a deal to protect our national security. The order
will also confirm that there will be no liability for any
The company that helped keep TikTok from going dark
before my order:”
Donald J Trump
image text translation
@realDonaldTrump
Imasking companies not tolet TikTok
dark!
will issue an
executive order on Monday to extend the period of time before the
law’s prohibitions take effect, so that we can make a deal
protect our national security. The order will also confirm that there
will be no liability for any company that helped keep TikTok from
going dark before my order:
Americans deserve to see us
exciting announcement on Monday, as
well as other events and conversations.
would like the United States to have a 50% ownership position in
a joint venture
By doing this, we save TikTok keepit in good
hands and allow it to say up.
Without U.S. approval, there is no Tik
Tok.
With our approval, it is worth hundreds of billions of dollars
maybe trillions.
Therefore, my initial thought is a joint venture between the current
owners andlor new owners where by the US gets a 50%
ownershipinajoint venture set up between the US and whichever
purchase we choose:
4.52k ReTruths
17.6k Likes
Jan 19 2025 at 10:00 AM
stay
Trump proposes that the US government own 50% of TikTok
Trump has made a bold proposal to restore TikTok.
Yesterday, TikTok’s service was temporarily suspended following the Supreme Court ruling, but Trump said he would postpone it through an executive order immediately after taking office, subject to the sale of operating rights. TikTok is grateful and is in the process of restoring service.
And Trump made an even bolder proposal through his social media account. Rather than simply selling the operating rights to an American company, the plan is to establish a joint venture in which the U.S. government has a 50% stake and acquire TikTok from this new joint venture. He said this would save TikTok and potentially make it worth hundreds of billions to trillions of dollars.
However, the Verge commented that having a joint venture 50% owned by the U.S. government running a service like TikTok (which inevitably involves content censorship) could be a violation of the First Amendment.
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It’s like watching a line situation.