Trump Pledges TikTok Save

This is a U.S. news story, published by CityNews, that relates primarily to Steven Mnuchin news.

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Trump promises to 'save TikTok'. What happens next?

Summary

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75% Informative

The short-form video app has been embroiled in a legal battle with the U.S. over a federal law that forces them to cut ties for national security reasons or stop operating in one of their biggest markets in the world.

President-elect Trump tried to ban the social media platform the last time he was in the White House .

ByteDance has previously said it has no intention to sell the platform despite interest from some investors, including Trump ’s former Treasury Secretary Steven Mnuchin .

Analysts say even if TikTok is sold to a qualified buyer, it is likely to be a shell of its current self.

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semi-formal

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English

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