ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the platform in the US.
US President Donald Trump on Tuesday said he would be supportive of the world's richest man and his close aide, Elon Musk, buying TikTok "if he wanted to". Trump was asked if he would be open to the billionaire founder of Tesla buying the short-video platform facing a nationwide ban in the US after the Supreme Court last week upheld a law requiring TikTok to sever ties with its Chinese parent ByteDance.
Musk continues to fight the Delaware Court of Chancery’s decision to overturn his compensation plan at Tesla, appealing two decisions from the court to the Delaware Supreme Court last week. Since December,
In an unsigned opinion, the Court sided with the national security concerns about TikTok over First Amendment rights. There were no noted dissents.
TikTok’s time will expire on Jan. 19 if no buyer is found or the Supreme Court rules in the app’s favor. Here’s what to know.
President Donald Trump’s order establishing the “Department of Government Efficiency” aims to give billionaire Elon Musk’s team sweeping access to operations at federal agencies, revamping its structure after competing visions left one of its leaders seeking an exit.
The Department of Government Efficiency (DOGE), Elon Musk 's project to dismantle federal programs and regulations to his liking, has been hit with a lawsuit alleging that it violates federal transparency rules just moments after President Donald Trump was sworn into office.