RE: LeoThread 2025-03-10 11:44
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With potential deals in progress, the authority to delay the TikTok ban for 90 days rests with Trump. This decision seems straightforward.
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"Regarding the nearing U.S. TikTok ban, Trump is 'most likely' considering an extension," reports AP News.
The ban’s timing might favor TikTok, as the incoming Biden administration states the law's enforcement is Trump's duty, who is set to address this as he takes office soon.
A proposal from Perplexity AI aims to merge with TikTok's U.S. business, keeping ByteDance's stakeholders involved. Meanwhile, a consortium led by investors recently offered $20 billion for TikTok.
Legal battles and national security concerns further complicate the situation, but a 90-day extension might be announced Monday.
TikTok remains crucial for many U.S. users and creators, and banning it could have significant financial impacts. However, the platform would continue operations globally.