In a recent move, former President Trump has signed an executive order that will allow TikTok to continue operating in the United States for the next 75 days. This stay will provide time for the app’s parent company, ByteDance, to identify and negotiate a potential American buyer for its operations in the country.

During his announcement, Trump also indicated that he would be open to the possibility of the U.S. government holding a 50% ownership stake in the platform, suggesting that this arrangement could help address national security concerns surrounding the app, which has faced scrutiny over data privacy issues.

The order represents a significant shift in the previous administration’s approach to TikTok, reflecting both ongoing dialogues about data security and the competitive landscape of social media.

As the clock continues to tick on this decision, both ByteDance and potential investors will be closely evaluating their options. The outcome of these discussions could reshape the operational landscape of TikTok in the U.S., amidst a backdrop of intense scrutiny and regulatory considerations.

This executive action aligns with Trump’s broader objective of enhancing cybersecurity and ensuring that sensitive user data is managed in a manner consistent with U.S. interests. Observers and stakeholders will be watching closely to see how this situation unfolds over the coming weeks.