Trump Plans to Unlock Tiktok Territories |
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Today, on January 20, as Donald Trump’s presidential powers come into effect, he has announced his intention to unlock the social network Tiktok territories in the United States. He stated this in a post on his Truth Social account (source). Trump plans to sign a decree immediately after his inauguration to delay the ban on Tiktok and allow time to search for a new owner. |
According to Trump, the decree will focus on extending Tiktok’s operations and protecting companies involved in maintaining access to the platform so that Americans can watch the inauguration and related events directly on Tiktok. The President also plans to create a joint venture where the government will own half of Tiktok shares while the other half will remain with the current owners to ensure control and national security. |
Rumors about the impending decree had been circulating earlier, with reports from The New York Post suggesting Trump’s plans to change Tiktok’s ownership without clear terms. Trump’s proposed model of joint ownership aims to keep Tiktok in “reliable hands” and ensure American approval for the platform to operate in the country. |
Previously, concerns about Tiktok’s ownership by Chinese company ByteDance had raised national security issues during Trump’s earlier term. Although Tiktok was officially blocked in the US on January 19, the ban did not last long. Tiktok’s management has already thanked Trump for his support and reassured users that efforts to restore operations are underway (source). |
Trump’s proposed decree sets the stage for Tiktok to operate in the United States under new ownership terms, ensuring protection for American users and the platform’s value. This initiative gives Tiktok a chance to continue serving millions of Americans while negotiations about its future progress. The signed decree will be a crucial step in resolving this issue. |
/Reports, release notes, official announcements.