While it is looking likely that a buyer will be found, who that will be and how the platform will then operate is a guess. After all, none of the concerns about national security have disappeared and the scrutiny will no doubt continue in the 75-day period.
Uncertainty Still Reigns for TikTok
In the meanwhile, some of TikTok’s 170 million US users have started looking at alternatives, including, ironically, another Chinese social media app called RedNote. Reuters is reporting that Apple and Google have not reinstated TikTok in their app stores as yet, so rivals definitely have an opportunity to jump in and they’re using it.
But is Trump’s suspension of the ban even legal? And is there steering going on behind closed doors as to who the new owner will be? Plenty of questions to be answered and not a huge amount of time for answers.