The report noted that in September last year, then-President Trump announced that he would “de facto ban TikTok” by November 12, 2020, unless the company sold its U.S. assets.But the order was suspended by a U.S. District Court on Sept. 28 and then on Oct. 30.Before the injunction went into effect, TikTok sued the US government, asking the US courts to intervene to give it more time to reach an agreement with the US government.In December, Judge Carl Nichols of the U.S. District Court for the District of Columbia stayed the Commerce Department’s injunction against TikTok.
Talks between Cfius and TikTok to resolve the situation are continuing, people familiar with the matter said, according to the report.A possible solution would include using a trusted third party to manage TikTok’s data, but that wouldn’t require a ‘direct sale,’ one of the people said.
In August last year, Trump struck a blow at TikTok, ordering that no person or entity be allowed to do any business with TikTok’s parent company, Bytedance, for 45 days (Sept. 20, 2020).The US Department of Commerce has followed suit, demanding a ban on TikTok downloads in the US starting on September 20, 2020.However, the TikTok ban has been blocked several times by judges because of a series of lawsuits filed by TikTok and its content creators against the ban.
According to Fortune, the December 4 “deadline” set by the U.S. Commerce Department has passed quietly, but TikTok’s sale negotiations are still ongoing and the department has not set a new deadline.
After months of being blocked, TikTok is still doing well in the US, and according to data released by data analytics firm Apptopia on January 8, TikTok is the most downloaded app in the US in 2020, and its popularity in the US speaks for itself.
TikTok’s resilience in the face of the Trump administration’s one-two punch is a stark contrast to the way Trump has been “blocked” and how it has turned things around, Fortune says.