Again in November, we reported that TikTok’s ban within the US had been delayed. This was because of a number of components, one in every of which is an impending lawsuit the place TikTok creators are suing to maintain the corporate from being banned. Nevertheless, there was nonetheless a deadline in impact that was supposed to finish on the 4th of December.
On condition that we’re now already on the seventh of December, evidently TikTok’s destiny within the US stays undecided, however for now they appear to be secure. Based on a report from Reuters, a US Treasury Division consultant stated that the US authorities is at the moment in talks with ByteDance over a possible divestment of TikTok to a US firm, together with “different steps essential to resolve the nationwide safety dangers.”
There are issues to promoting off TikTok and it appears somewhat messy in the meanwhile. For starters, there are TikTok creators who’re attempting to defend the corporate as their livelihoods rely upon it. Then there may be additionally China who isn’t going to simply let ByteDance unload TikTok, the place the nation has guidelines that may stop the sale of China expertise to international corporations or governments.
In any case, whereas the destiny of TikTok has but to be determined, evidently different corporations like Instagram and Snapchat are wading in with their own alternatives to make the most of the present scenario.
Filed in China, Legal and Tiktok. Supply: reuters. Learn extra about