Edgar Cervantes / Android Authority
TL;DR
- TikTok is not going to be banned within the US as of tomorrow.
- The White Home has once again issued an order granting a 75-day extension on the ban.
- It stays to be seen what firm could be keen on shopping for the service, with Amazon and Walmart each lately talked about as contenders.
Ostensibly, america authorities desires to ban TikTok. However you wouldn’t know this based mostly upon the phrases and actions of many of the events concerned. For years, fears round nebulous China-based issues had legislators speaking about a doable ban, and again in 2024 they really agreed on making this occur, setting a clock ticking all the way down to a deadline by which TikTok would wish to search out a new proprietor or depart the US. And now, for the second time, that deadline is being prolonged.
We had been initially taking a look at a January 19 deadline, and after courts did not intervene in stopping the pending ban, the White Home got here by way of on the final minute with a 75-day reprieve, put in force on January 20. If you happen to had been about to choose up your telephone and ask Google Assistant “what’s 75 days after January 20,” we’ll prevent the difficulty — simply have a look at your calendar. It’s tomorrow.
Over the previous few days, there’s been tons of discuss probably savior traders swooping in to buy management over TikTok away from mother or father firm ByteDance — most notably, Amazon. However with no deal confirmed, the administration has now introduced one other govt order that can prolong the deadline for 75 extra days.
Whereas that buys TikTok’s legions of followers a little respiratory room, it’s nonetheless unclear which traders would possibly nonetheless be within the operating to save lots of the app. Earlier at this time, ABC Information reported that Walmart could possibly be contemplating the acquisition, however that publish has since been taken down.
With this week’s announcement of economy-trashing tariffs already sending the inventory market into a nostril dive, are corporations going to be much more cautious of spending the tens of billions of {dollars} TikTok would value? The way in which issues are going, it’s beginning to really feel like these 75-day extensions would possibly as nicely simply proceed in perpetuity.
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