TikTok restores US service after Trump announces plans to delay ban

KEY TAKEAWAYS TikTok said Sunday it was restoring its service after President-elect Donald Trump said he would issue an executive order on Monday to delay a ban on the Chinese app in the United States. Trump also said he wanted the United States to own 50% of the Chinese company. The app went “dark” on Sunday after the Supreme Court on Friday upheld a law forcing its parent company ByteDance to sell the platform or face a ban in the country.

TikTok said Sunday it was restoring access to its app after President-elect Donald Trump said he would issue an executive order on Monday to delay a ban on the Chinese-owned social media app .

Trump, whose inauguration will take place at noon ET on Monday, also said in a post on his social media platform Truth Social that he wants the United States to own half of TikTok.

“In agreement with our service providers, TikTok is restoring service,” TikTok said in a post on X. “We thank President Trump for providing necessary clarity and assurance to our service providers that they will not be subject to any penalties if TikTok reaches more than 170 million Americans and allows more than 7 million small businesses to thrive.

The app went “dark” on Sunday after the Supreme Court on Friday upheld a law requiring its parent company ByteDance to sell the platform or face a US ban. A law passed by Congress and signed by President Joe Biden in April required TikTok's Chinese parent company to divest the short-video site on Jan. 19 or be barred from operating in the United States over national security concerns.

“I'm asking companies not to let TikTok remain in the dark! I will issue an executive order on Monday to extend the period of time before legal bans take effect, so we can reach an agreement to protect our national security “Trump said in a statement. post on his social media platform, Truth Social. “The order will also confirm that there will be no liability for any company that helped keep TikTok from going dark before my order.”

Trump seeks 50% US ownership of TikTok

“My initial idea is a joint venture between the current owners and/or new owners, in which the United States would get a 50% stake in a joint venture created between the United States and whatever purchase we choose” , Trump added, emphasizing that such a move would “save TikTok.”

Although Chinese officials prefer TikTok to remain under ByteDance's control, they have also discussed options internally, including allowing a “trusted non-Chinese party” such as Elon Musk to purchase TikTok's U.S. operations, according to several reports last week.

However, the app was no longer available on Alphabet's (GOOGL) Google Play Store and Apple's (AAPL) App Store in the United States as of early Sunday afternoon.

“In accordance with the Protecting Americans from Apps Controlled by Foreign Adversaries Act, apps developed by ByteDance Ltd. and its subsidiaries, including TikTok, CapCut, Lemon8 and others, will no longer be available for download or upload updated on the App Store for users in the United States starting January 19, 2025,” Apple said in a statement on its website.

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