The fate of TikTok seems to be sealed for the moment. The Biden administration firmly announced the social media giant would have to look to the Trump administration for help after tomorrow’s ban likely will see the app go dark.
State media hailed RedNote's success among American "TikTok refugees" as a repudiation of U.S. government "demonizing" of China's development.
If lawmakers continue to prioritize politically expedient anti-China bans, then they will fail to convince the public they are acting in its best interests.
Backers of China's Xiaohongshu are looking to sell a part of their stake to the likes of Tencent , among others, in a deal that could value the TikTok-rival at at least $20 billion, Bloomberg News reported on Thursday.
This looming TikTok ban has over 170 million US TikTok users (who have named themselves "TikTok Refugees") scrambling for a replacement app. And that's what these users have seemingly found in Xiaohongshu or RedNote — a Chinese-owned social media app that has already risen to #1 on the US App Store.
Severing ties was what the social media platform needed to do in order to avoid the ban. The platform’s fate may be up to President-elect Donald Trump, who said he will likely grant TikTok a 90-day extension after his inauguration.
TikTok arrived in the U.S. almost 6 1/2 years ago. The possibility the U.S. would outlaw the video-sharing app has kept influencers and users in anxious limbo for more than four of the years since
As the U.S. ban on TikTok approaches, the popular platform started informing users Saturday night that it would be unavailable soon.
TikTok shared a message to U.S. users late Saturday, explaining its suspending service on Sunday, with the deadline for a potential ban hours away.
US president-elect Donald Trump suggested that he will ‘most likely’ give the app a 90-day extension on Monday, when he assumes office.