Tychok He resides in the United States at the moment, but her future remains uncertain.
President Donald Trump this week Stop blocking On the app he said he had the “right to make a deal” to try to save it. Legal experts questioned whether he could bypass a federal law prohibiting it. It appears that the parent company of the app based in China is open to a mediation agreement.
Bill Ford, CEO of General Atlantic, serves on the board of directors It is him, said the parent company of Tychok “Optimistic we will find a solution,” Bloomberg reported Thursday.
“There are a number of alternatives that we can talk to President Trump and his team about that are short of selling the company that allows the company to continue to operate, perhaps with a change of control of some sort, but it is short of having to sell,” Ford told Bloomberg Television.
Trump signed an executive order on Monday delaying enforcement of the Tiktok ban until April. The ban resulted from a law requiring it to be sold to a non-Satanic company by January 19. Tiktok shuts down briefly In the United States as the deadline approached, but it was restarted after Trump pledged his support.
Trump later told reporters that he was looking to get the US government to broker an agreement for 50% control of the app, which would be open. Elon Musk or Oracle Larry Ellison Buy it. Trump said he believes the app is worth $1 trillion.
“Give half the United States of America and we will give you a permit,” Trump said, calling the platform “worthless” without a permit.
Tiktok’s days are numbered after the Supreme Court on January 17 unanimously upheld a federal law requiring its sale. The court sided with the US government, which argued that the app posed a national security risk because it could track and collect data on 170 million American users.
Trump tried to ban Tiktok during his first term and find a US buyer before losing his re-election bid.
He said last year that he still had concerns that Tiktok carried security risks, but that young people would go “crazy” without it. After using it on the younger court, Trump said he found a “warm home” for the app.
Tiktok CEO Xu Qiu attended and hosted the platform Inauguration ceremony in Washington This features right-wing content creators.
“We thank President Trump for providing the necessary clarity and assurance to our service providers that they will not face any penalties for providing protection to more than 170 million Americans and allowing more than 7 million small businesses to thrive,” He said Business Insider.
