The DL: So, are you wondering what is going on with TikTok? Over the Martin Luther King Jr. holiday weekend, TikTok was briefly banned in the U.S. before being reinstated following an executive order from newly inaugurated President Donald Trump, granting a 75-day reprieve. While TikTok remains accessible to users who already have it installed, it can no longer be downloaded from app stores, affecting other ByteDance-owned apps like CapCut as well. Trump aims to broker a deal for 50% U.S. ownership of TikTok, but legal uncertainties persist, with lawmakers questioning his authority to extend the deadline without proper documentation. Despite assurances, tech companies remain cautious due to the potential financial liabilities. The long-term fate of TikTok in the U.S. remains uncertain, with lawsuits and negotiations expected in the coming months.
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