TikTok is “restoring service” in the United States following today’s ban. “In accordance with our service providers, TikTok is in the process of restoring service,” the app team said. announced in a statement. “We thank President Trump for providing the necessary clarity and assurance to our service providers that they will not face sanctions by bringing TikTok to more than 170 million Americans and allowing more than 7 million small businesses to thrive.”
“It is a firm stance in favor of the First Amendment and against arbitrary censorship. “We will work with President Trump on a long-term solution that keeps TikTok in the United States.”
The update came after Trump pledged to save the app by executive order. “I ask companies not to let TikTok remain in the dark!” Triumph wrote in Truth Social. “I will issue an executive order on Monday to extend the time period before the law’s prohibitions go into effect, so we can reach an agreement to protect our national security. The order will also confirm that there will be no liability for any company that helped prevent TikTok from disappearing before my order.”
“Americans deserve to see our exciting inauguration on Monday, as well as other events and conversations.”
“I would like the United States to have a 50% stake in a joint venture,” Trump continued. “By doing this, we save TikTok, keep it in good hands, and allow it to thrive. Without US approval, there is no Tik Tok. With our approval, it is worth hundreds of billions of dollars, perhaps trillions.”
“Therefore, my initial concept is a joint venture between the current owners and/or the new owners whereby the United States obtains a 50% ownership in a joint venture established between the US and any purchase we choose,” Trump concluded.
