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From the New York Post: President Biden will not enforce a law banning TikTok that is set to take effect the day before he leaves office, according to a US official.
The official indicated that Biden, 82, has decided to pass the buck to President-elect Donald Trump, according to the Associated Press, leaving the implementation of the law targeting the Chinese-owned social media app up to the incoming administration.
The law, which cleared both chambers of Congress and was approved by the president last year, compels TikTok’s parent company, ByteDance, to divest itself from the social media app by Jan. 19 or face a US ban.
TikTok — used by more than 170 million Americans monthly — is reportedly planning to shut down the app on Sunday.
However, Trump’s incoming White House national security adviser Mike Waltz told Fox News, “We will put measures in place to keep TikTok from going dark.”
TikTok CEO Shou Zi Chew visited Trump at Mar-a-Lago last month, and is scheduled to attend Trump’s inauguration on Monday alongside other tech CEOs, including Elon Musk, Jeff Bezos, Tim Cook and Mark Zuckerberg.
“Shark Tank” star Kevin O’Leary, an entrepreneur and investor, has announced that he has joined forces with a group of other investors in an effort to buy TikTok and make it an American-owned company.
President Trump said to me, tell me why I should care about TikTok. I said to him, because there’s six million American businesses that are generating $10 billion in revenue and keeping their families alive with this. You also used it and of 170 million voters many were young… pic.twitter.com/VgwDqHVCF3
— Kevin O’Leary aka Mr. Wonderful (@kevinolearytv) January 15, 2025
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