‘The order will also confirm that there will be no liability for any company that helped keep TikTok from going dark before my order,’ Trump said.
President-elect Donald Trump said on Jan. 19 that he is asking tech companies to keep TikTok online and would sign an executive order postponing the federal ban of the social media website in the United States.
“I’m asking companies not to let TikTok stay dark!” Trump wrote in a Truth Social post. “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.”
I’m asking companies not to let TikTok stay dark! 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 company that helped keep TikTok from going dark before my order.
Americans deserve to see our exciting Inauguration on Monday, as well as other events and conversations.
I would like the United States to have a 50% ownership position in a joint venture. By doing this, we save TikTok, keep it 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 and/or new owners whereby the U.S. gets a 50% ownership in a joint venture set up between the U.S. and whichever purchase we so choose.
Trump’s announcement was made as millions of U.S. users found they could no longer access the TikTok app or platform. Both Google and Apple removed the app from their digital marketplaces to comply with a federal law that required compliance if the TikTok parent company ByteDance failed to sell its U.S. operation to an approved buyer by Jan. 19.
Trump also confirmed that there would be no liability for any companies that helped keep TikTok online before he issued his executive order.
“Americans deserve to see our exciting Inauguration on Monday, as well as other events and conversations,” Trump said.
By Jacob Burg
