Donald Trump proposes US government acquire half of TikTok, which thanks him and restores service
ID: dad8ddc1-8f31-5b99-b366-db3319f3c5b7
STIX ID: report--dad8ddc1-8f31-5b99-b366-db3319f3c5b7
Feed Name: The Register (Security)
The report covers president-elect Donald Trump’s plan to issue an executive order delaying enforcement of the Protecting Americans from Foreign Adversary Controlled Applications Act against TikTok and his proposal for a joint venture granting the U.S. a 50% stake, prompting TikTok to begin restoring services after suppliers had started winding down ahead of the shutdown deadline. It highlights unresolved issues around potential buyers, ByteDance’s intentions, Chinese regulatory approval, and TikTok’s profitability, with additional commentary from Elon Musk and Marco Rubio on free speech and U.S.–China relations.
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