TikTok Makes a Comeback After Trump Assumes Office
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Key TakeawaysTikTok, which was scheduled to get banned as per the divest-or-ban bill, became unavailable for many users.However, after Trump assumed office, he promised to sign an order that would delay the ban, which allowed TikTok to restore services for the time being.The final fate of the company is yet to be decided.After being unavailable for just 12 hours, TikTok is back online for many users with the message Thanks for your patience and support. As a result of President Trumps efforts, TikTok is back in the U.S.!TikToks struggle with the US government has been going on for a year now. Last year former president Joe Biden signed a bill that forced TikTok to either part ways with its parent company ByteDance or risk getting banned in the US.TikTok obviously opposed this decision and engaged in a legal battle that went on till the end of 2024. In the end, TikTok lost and was scheduled to get banned.On Saturday night, the app became unusable for many. It was also unavailable on Apple and Google Play Store.However, things took a turn when Trump assumed office on January 20. As per his promise to keep TikTok around for a while, he promised to issue an executive order on the same day as his term began to delay the execution of the law.He urged TikToks partners to allow the app to keep operating and also promised that neither of them will be held accountable regardless of what happens with TikTok in the end.This assurance allowed TikTok to restore services even before the order was signed.Its unclear why Trump is so invested in saving TikTok. During his first term, it was he who suggested the idea of banning this platform. But this time, he has been rallying for it, openly speaking against the ban and promising to save it.It might have something to do with the fact that TikTok is very popular among the youth, and this time, they were his chief target for his vote bank. He did win the youth vote by a significant margin and confessed that TikTok might have something to do with it.What Happens Now?The fate of the company is yet to be decided. But TikTok is hoping for at least a 90-day extension to get enough time to handle this issue.During this time, it would try to sell the company to a non-Chinese owner. There have been rumors that this owner might be Elon Musk. However, nothing official has been confirmed just yet. Also, instead of a complete sell-off, might look to establish a 50-50 joint venture between ByteDance and the new American owner. This would be a win for all parties involved.ByteDance will be happy that it wont completely lose its precious app and access to the American market and the US authorities will be assured that the company is no longer engaging in any activity that could harm the country or its citizens.TikTok and CEO Shou Chew are very happy with Trumps quick response. He has expressed his gratitude to him multiple times. He even posted a video thanking him for his support and promising to keep cooperating with him to create a long-term solution that works for both parties.He also promised to attend Trumps Make America Great Again Victory Rally in Washington, DC before the official inauguration.Add Techreport to Your Google News Feed Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now! Subscribe now Alpa is a tech writer and editor with a wealth of experience in alternative finance, fintech, cryptocurrency, app security software, and the medical industry. Shes passionate about breaking down complex topics and sharing informative content that provides value. View all articles by Alpa Somaiya Our editorial processThe Tech Reporteditorial policyis centered on providing helpful, accurate content that offers real value to our readers. We only work with experienced writers who have specific knowledge in the topics they cover, including latest developments in technology, online privacy, cryptocurrencies, software, and more. Our editorial policy ensures that each topic is researched and curated by our in-house editors. We maintain rigorous journalistic standards, and every article is 100% written byreal authors.
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