• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

TikTok CEO thanks Trump for push to keep app available in US as ban looms

by January 18, 2025
written by January 18, 2025

(Reuters) – TikTok CEO Shou Zi Chew said on Friday he wants to thank U.S. President-elect Donald Trump for his commitment to work with the company and find a solution that keeps the app available in the United States.

The company has until Sunday, Jan. 19, to cut ties with its China-based parent ByteDance or shut down its U.S. operation to resolve concerns it posed a threat to national security.

Supreme Court justices upheld a ban on Friday in a unanimous decision and a White House statement suggested Biden would not take any action to save TikTok before the deadline.

Trump said on Friday the decision on the future of the TikTok app will be up to him, but did not provide any detail about what steps he would take. Media reports have said that he was considering an executive order that would suspend the enforcement of the TikTok sale-or-ban law for 60 to 90 days.

Trump also said he and Chinese President Xi Jinping discussed issues including TikTok in a phone call on Friday.

Chew plans to attend the U.S. presidential inauguration on Jan. 20 and sit among high-profile guests invited by Trump, a source told Reuters.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Tesla’s role in the increasingly embodied AI world
next post
State-owned SEPI proposes to replace Telefonica CEO

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Kimberly-Clark to buy Kenvue in $48.7 billion deal

      November 3, 2025
    • Barbie, Monopoly toymakers see bright holiday season despite tariff pressure

      October 29, 2025
    • Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

      October 24, 2025
    • X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

      October 24, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (661)
    • Stock (6,426)

    Latest News

    • Kimberly-Clark to buy Kenvue in $48.7 billion deal
    • Barbie, Monopoly toymakers see bright holiday season despite tariff pressure

    Popular News

    • Starbucks misses Q4 expectations but new CEO’s plan ‘clear and aspirational’
    • Holcim plans for US spin-off to have Swiss listing too

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy