White House’s TikTok Proposal Raises Big Questions
What a wild 24 hours it’s been! Everyone and their mother, including Amazon, AppLovin and the founder of OnlyFans, threw their hat in the ring at the last minute to try to acquire TikTok’s U.S. assets.
And as we first scooped on Wednesday, the White House is finalizing its proposal for a deal aimed at keeping TikTok alive in the U.S. On Thursday morning, Vice President JD Vance went on Fox News to reiterate that the Trump administration is on track to hash out a solution before the Saturday deadline the president set in January.
Related Knowledge Center: The TikTok ban
The U.S. Congress passed and President Joe Biden signed into law a measure banning TikTok if it weren’t sold by its Chinese ownership. But now-President Donald Trump gave the service a reprieve, and a sale of its U.S. operations appears imminent.