Comment by Workaccount2 2 days ago
I believe Biden says his admin won't enforce the ban, as they only have 1 day left in office after it goes into effect.
Trump has signaled he doesn't support the ban, and wants tiktok under american ownership. The legislation allows the president to put a 90 day hold on the ban too.
So my guess is that this isn't over yet.
https://www.bbc.com/news/articles/cly57kxkmrxo
Apparently Trump did well on tiktok during the last election, and ByteDance (and everyone else) knows that Trump plays favorites.
> The legislation allows the president to put a 90 day hold on the ban too.
Only if there is an in-progress divestiture and only before the ban goes into effect.
Aka, TikTok/Biden would have to announce a sale is in process and Biden would have to enact the extension before the 19th.
There seems to be a lot of misinformation around this, no surprise given the TikTok user base..
The law targets other companies that would be breaking the law if they continue providing services for a China-owned TikTok past the ban date. The statute of limitations is five years, past a Trump presidency. No, an executive order can not cancel a law. Google, Apple & co would be exposing themselves to a lot of uncertainty and risk, and for what?
Do you think Apple, Oracle and Google are going to thumb their noses at the law?
Trump initially championed the ban during his first term