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Why Trump’s TikTok deal worries deep-pocketed investors

Deep investors are wary of ploughing money into Trump-backed proposals for Tiktok's US ownership. Top law firms have warned several potential investors that if they play on Oracle Takeover, proposed by a Chinese-owned video sharing app, they could require some kind of compensation from the White House. Problem: Some say that the lawsuits that argued […]

Powerful Republican poses potential roadblock to Trump-backed plan for saving TikTok

Tech Giant Oracle's plan to save Tiktok hits a horrifying obstacle: US Senator Tom Cotton. The Arkansas conservative heavyweight has revealed he is opposed to Team Trump, saying that he will oppose a bipartisan US law that calls for Tiktok to be sold entirely from China's control and ownership, according to three people with first-hand […]

JD Vance Confident TikTok Deal Will Be Reached by April Deadline

Vice President JD Vance has expressed optimism that a high level of agreement will be implemented in the United States to maintain China's Tiktok operations by the April 5 deadline set by President Donald Trump. in Interview with NBC News Aboard the Air Force 2, Vice President JD Vance stated his belief that a framework […]

JD Vance confident a ‘high-level’ TikTok buy will happen by April 5 deadline

Vice President JD Vance believes that Tiktok's “high-level” purchases will be made before the law banning US social media apps comes into effect on April 5th. “There is a high level of agreement that almost certainly meets our national security concerns. Told to NBC News Friday on ongoing negotiations to secure US buyers. “Some of […]

Commerce secretary says Trump wants TikTok deal done under current deadline

Commerce Secretary Howard Lutnick on Friday said President Trump wanted to block deals on Tiktok's future ownership under the current deadline, and the president “doesn't want to ask for an extension.” “So it's in Donald Trump's hands. He's going to decide how he wants to play it,” Lutnick said in an interview with Fox Business […]

TikTok extension expiring soon: Will the app be banned?

(Nexstar) – Seven weeks have passed since Donald Trump took over the presidency. This is the role he promised to “save Tiktok” (among many other campaign promises). At least according to his original extension deadline, there was no time to find a way to keep the app. Last year, Congress passed a bill banning apps […]