In the ever-evolving saga of TikTok's potential acquisition, Kevin O'Leary emerged with a candid Instagram update that cut through the digital chatter.
The popular social media app TikTok has a long history of controversy that has recently come to a temporary rest.
The Tesla and X CEO's commercial interests in China have come under increased scrutiny since he was picked to head DOGE.
Among the executive orders signed on day one was an order that will delay the enforcement of the TikTok ban for another 75 days.
I can do that because we have something that they want,” the president said of a deal with China. “We have a pot of gold.”
Unlike TikTok, RedNote primarily operates in China. As a result, concerns over content censorship, data privacy, and CCP control are even greater.
The chairman of the House Select Committee on China said Jan. 22 that the U.S. should take a harder line against China's aggressive policies on trade, investment and other matters.
ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
The forced social media break was short-lived, however, as TikTok access in the U.S. was reinstated a mere 12 hours later. Shortly after taking office Monday, President Donald Trump signed an executive order halting enforcement of the TikTok ban for 75 days.
TikTok, along with its 170 million U.S. social media zealots, is in desperate need of a lifebuoy. True to form, Trump favors those who submit and supplicate, and TikTok’s CEO Shou Zi Chew has done just that. The problem though is that CEO Shou has another boss: the Chinese Communist Party.
Barstool Sports founder and president Dave Portnoy shares his thoughts on the TikTok debate on 'The Will Cain Show.'