Loren Torres brings you the biggest news of the day, including TikTok’s battle to remain legal in the U.S.
Category
🗞
NewsTranscript
00:00TikTok's time is running out again. The social media platform has only a few days
00:04left to find a new buyer or risk being banned in the United States. President Trump gave
00:09TikTok's parent company, China's ByteDance, until April 5th to sell the app's U.S. operations.
00:14The U.S. government has long been concerned that TikTok poses a national security threat.
00:19Lawmakers fear the Chinese government could be forcing ByteDance to turn over data it
00:23gathers on American users. TikTok was previously banned for a short period in January under
00:28the outgoing Biden administration. However, once President Trump took office, he put a
00:3275-day hold on the ban to give ByteDance more time to find a buyer. Now, despite the window
00:38closing, Trump remains confident a deal will get done, saying, quote,
00:42We have a lot of potential buyers. There's tremendous interest in TikTok. The decision
00:46is going to be my decision, and I'd like to see TikTok remain alive.
00:51TikTok currently has more than 170 million U.S. users.
00:55That'll do it for your daily briefing. From New York City, I'm Lauren Torres with The Street.