President-elect Trump exploring option to save TikTok before US ban

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President-elect Trump exploring option to save TikTok before US ban
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Trump is weighing a plan that could delay America's TikTok ban, giving the new administration more time to potentially cut a deal with a US buyer to save the super-popular video app, sources familiar with the plans say

David Goldman, Kaitlan Collins and Kayla Tausche, CNNTrump, who supported a TikTok ban as president, has recently said he wants to keep the app alive.

Still, Trump may ultimately decline to act. As the deadline draws closer, Trump - who's never shied away from overt suggestions for the executive and judicial branches - has otherwise sat this one out. Because the ban would take place a day before Trump takes office, an executive order on January 20 wouldn't even be an 11th-hour attempt to save TikTok - it would have already been banned at that point.Some lawmakers have urged Biden to delay the ban before it takes effect. Massachusetts Democratic Sen. Ed Markey and Kentucky Republican Sen.

So it appears unlikely Biden could step in - even if he wanted to slow-roll the bill he signed after it was passed with broad bipartisan support in Congress.Biden and Trump administrations considering ways to delay the ban on TikTok, which is set to take effect on Sunday.But even if TikTok shuts itself down Sunday, that doesn't mean it would go dark forever. It could ultimately sell itself to an American buyer down the road, which would presumably turn TikTok back on for American users.

That's probably not a long-term viable option, however: No one would be able to access the app if they got a new phone or never downloaded the app in the first place, for example. And it would become illegal for companies like Oracle that host TikTok's content in the United States to continue to serve it to the app's users. That could force TikTok to serve content from outside the US, degrading service.

O'Leary and McCourt's bid, valuing the app at roughly $20 billion, is partly crowdfunded from the public. But it would not include an acquisition of the app's algorithm, the key to its success and also US officials' biggest security concern. O'Leary tells CNN the offer has been disseminated to interested parties, but it remains unclear whether the company will choose to engage.

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