O'Leary Ventures President Kevin O'Leary reacts to the latest developments surrounding the California wildfires, the potential sale of TikTok and his latest meeting with President-elect Trump at Mar-a-Lago.
President Joe Biden will not seek to implement a popular ban Social media platform TikTok The Associated Press, citing a US official, reported that due to the law passed last year, it is set to take effect on January 19.
“Our position on this is clear: TikTok should continue to operate under American ownership. Given that it went into effect on the weekend the day before the inauguration, it will be up to the next administration,” White said. According to a parliament official in a statement ABC News.
Biden It was signed last year After Congress passed a massive multi-billion dollar package filled with things like foreign aid and action related to TikTok.
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this The Supreme Court issued a ruling On Friday, it decided not to lift the ban.
“There is no doubt that for more than 170 million Americans, TikTok provides a distinctive and broad outlet for expression, a means of engagement and a source of community. But Congress has recognized that the devolution is necessary to address well-supported national security concerns.” “As to TikTok's data collection practices and relationship with a foreign adversary, we conclude for the foregoing reasons that the challenged provisions do not violate plaintiffs' First Amendment rights,” the Supreme Court said.
Trump, the second US president to win non-consecutive White House victories, is scheduled to be sworn in on Monday, which is also a federal holiday celebrating the birthday of Martin Luther King Jr., although King's actual birthday was in January. 15.
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Carolyn Leavitt, spokeswoman for Trump and Vance's transition, said in a statement: “President Trump has repeatedly expressed his desire to save TikTok, and there is no better deal than Donald Trump.” Trump has used Leavitt as his White House press secretary.
If Tiktok is sold in a way that cuts ties with Chinese company ByteDance and is no longer seen as a program controlled by a foreign enemy, it will no longer be subject to the ban under the law.
'Make TikTok awesome again': Kevin O'Leary explains his plan to save the social media platform
Trump's national security adviser, Rep. Mike Waltz, R-Florida, tells Special Report that the incoming administration will work on a deal to preserve a “fantastic platform” for Americans while protecting their data.
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Rep. Mike Waltz, who Trump tapped to serve as his national security adviser, said during an appearance on “Fox & Friends” that the incoming administration “will take measures to prevent TikTok from going dark. ” This law allows the ban to be reversed if a transaction is made.
“The administration, like the rest of the country, has been awaiting the U.S. Supreme Court's decision on TikTok,” White House spokeswoman Karin Jean-Pierre said in a statement.
President Biden's position on TikTok has been clear for months, including since Congress sent a bipartisan bill to the president's desk: TikTok should remain available to Americans, but only under American or other ownership that raises security concerns. Removes the detected national. By Congress in drafting this law with respect to the actual timing, this administration recognizes that measures to implement the law must simply reach the next stage, Jean-Pierre added: the administration, which begins work on Monday.