President Donald Trump has said he has a “very wealthy group” ready to buy Tijook. The application of social media, which is used by nearly a third of the Americans, had a volatile history in the country, even after a draft law trying to prohibit Congress with the support of the two parties. Here we will look at the time of Tiktok problems in the United States and discuss whether the company will finally sell this time.
The two parties support for the ban on Tijook
Many politicians around the political gap see Tiktok as a threat to national security, but the company strongly denies this. Certainly, there are real concerns about the fact that Techkk is a security threat, according to Chinese law, Bydtinance can be forced to help with national intelligence efforts, probably, including sending American user data to the government. Although bytedance has denied this, confirmation has failed to reduce ice with many governments worldwide, with some directly banning it, while others prohibit government employees using the application.
Meanwhile, in April 2024, President Joe Biden signed the Act of American Protection of Americans from Foreign Infection Applications (PAFACA), which called for a ban on Tiktok unless he sold the BYTEDANCE his share. Bytedance appealed this decision on the reasons for the first amendment, but the Federal Appeal Court supported the law, which means Tiktok was banned a day before Trump’s inauguration. The ban lasted only a few hours.
Tiktok’s restoration was among the executive orders that Trump signed on his first day in office, and since then this decline has extended through two other executives. The last order was signed in mid -June and gave Tiktok an extension for 90 days. Critics argue that Trump simply does not have the ability to retract the ban because the bill only allows temporary stopping if a buyer is found.
Trump’s opinions have changed about Tijk
Trump’s relationships with BYDTANCE were very accurate at the very least, and in his first period, he issued an executive order in August 2020 that gave Tiktok 90 days to either sell its American assets to a US -based company or closed its operations in the country. However, he joined the platform later, even after he started his social media platform, Truth Social.
Trump used Tiktok to communicate with voters during his campaign last year as he diluted his speech against the owned company.
https://x.com/tonyxtwo/status/1864783249672733181
Trump actually excluded a ban while describing the application with problems such as Facebook, which seems to have a personal grudge. Not only was the social media giant after the Capitol Hill violence, but also worked with government officials to restrict the discussion about the Sayyad Al -Sayyad’s laptop, which is arguing with Trump with an election intervention rate.
Trump holds a large share in Bitaynes
The sale of Tiktok was said to have been discussed in April, but these talks did not make progress in the wake of the escalation in American -Chinese tensions after the two countries imposed a huge tariff on each other. Meanwhile, some see Trump’s repeated heart on Tiktok regarding Yas Ceffling, a trader in American billionaire options.
YASS was one of the largest individual donors in the 2024 elections, where he supported Republic (especially Trump) and issues. Yas is seen as very close to the president. His business, Susquehanna International Group, has a 15 % stake in Bytedance, and he personally holds another 7 % share of billions of dollars. Susquehanna also occupied a 2 % stake in Digital World Acquisition Corporation, which merged with the Trump group of media and technology (which has the social truth) to take the public company.
YASS helped the club to grow, a Republican organization that presses against the Tiktok ban, even if it is not left by bydance its control over the company.
The American ban will collide
It is very likely that the American Tiktok ban will measure the BYTEDANCE assessments significantly, and some believe that Trump has delayed the Tiktok ban to protect the YASS interests. As Dan Evz, a great stock research analyst at Wedbush Securities, CNBC said Last year, “this will be a punch with the evaluation and future of Tiktok if the prohibition and forced sale comes to its fruits.”
“This will be a nightmare for YASS, given the main investment in Tiktok,” added Evis, who believes that such a procedure can reach a quarter of Bitance’s evaluation.
The Quid Pro Quo’s allegations are certainly not new for Trump in his second term. For example, on April 13, shortly after the CEO of NVIDIA, Jensen Huang, at a $ 1 million dinner in Mar-A-Lago, Trump gave technical goods such as smartphones and potatoes from mutual definitions.
Elon Musk (and his companies) has benefited greatly from the billionaire association with Trump until Bonhomie continued. Trump is now inviting to review the subsidies obtained by Musk companies after a very exciting battle between them.
Who will eventually buy Tiktok?
The Oracle, which is already said in the United States, is said to be insured to purchase the American company’s operations. While some reports indicate that General Atlantic and Susquehanna International Group can join Oracle in an attempt, Bloomberg has reported that Blackstone and VC Andressen Horowitz (A16Z) can be potential partners.
It is worth noting that Oracle was put up as a potential buyer in 2020, as Trump was paid by tededance to sell the class. Participant founder of Oracle and CTO, Larry Ellison, close to Trump and support him financially.
Perplexity AI and Applovin are also viewed as competitors to buy a preteedance. Previously put the idea in March, saying it “will rebuild Tiktok algorithm.”
The “People’s Show to Tikhak”, led by the founder of the Liberty Frank McCort project and the star of “Shark Tank” Kevin O’Leari, is supported by the founder of Reddit Alexis Ohanian, in purchasing the American Tiktok operations. However, she may not have the money to do this, even if Bytedance is ready for sale.
Will you sell by attedance their share?
Meanwhile, the possible acquisition by US -based entities depend on two things. The first, of course, agrees to sell its share, as in the past, the company strongly opposed any forced sale. Moreover, the deal may need Chinese President Xi Jinping. Although Trump expressed his belief that Xi “is likely to do it”, it remains to see whether the country agrees with these demands, because it may lead to similar demands in other countries as well.
Then there is a legal challenge because the US Supreme Court held a constitutional ban on Tiktok, which was not imposed by the Ministry of Justice in Trump after his orders. Some legal experts believe that the sale of Tiktok may face challenges if it does not comply with PAFACA.
While this law is included in the inclusion of class shares as an option to evade the ban, I included two sentences In order to be called the disposal of SESURE “qualified. First, through an operation between the agencies, the president determines that the disposal of” will lead to the application of the relevant foreign opponent that is no longer controlled by a foreign opponent. “
He said everything, it remains to see whether Tiktok has been sold this time or whether the president is wearing again.
