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Reading: TikTok reacts to report of Musk possession to stop US ban
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Michigan Post > Blog > Business > TikTok reacts to report of Musk possession to stop US ban
Business

TikTok reacts to report of Musk possession to stop US ban

By Editorial Board Published January 14, 2025 2 Min Read
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TikTok reacts to report of Musk possession to stop US ban

TikTok has described a report it may promote its threatened US enterprise to Elon Musk as “pure fiction”.

The quick video platform’s Chinese language homeowners ByteDance are dealing with the prospect of TikTok being shut down completely in America on Sunday.

That’s when a US authorities ban, on nationwide safety grounds, is because of take impact.

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The authorities in China had been mentioned to want that TikTok’s US enterprise remained below ByteDance’s management.

They’ve all the time denied having an affect over ByteDance not to mention TikTok – a place that each entities have supported, constantly denying any suggestion of collusion that might characterize any type of menace to US pursuits.

Picture:
TikTok has 170 million customers within the US. File pic: AP

The US Supreme Court docket has indicated that it’s minded to just accept the Biden administration’s ban on the grounds that nationwide safety considerations outweigh the rights of TikTok’s 170 million US customers to free speech.

It isn’t clear when the ultimate ruling shall be delivered however the ban is because of take impact on Sunday, a day earlier than Donald Trump’s inauguration.

Forward of the beginning of his second time period within the White Home, he has referred to as for the court docket to push again the deadline to permit for a “political resolution”.

Such a transfer wouldn’t rule out Musk, a political ally, from doubtlessly snapping up TikTok if the deadlock cannot be damaged.

A TikTok spokesperson mentioned in response to the report of talks: “We can’t be expected to comment on pure fiction.”

Different potential consumers are mentioned to incorporate Mr Trump’s former treasury secretary Steven Mnuchin and billionaire businessman Frank McCourt.

TAGGED:banMuskownershippreventreactsreportTikTok
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