Apple following the guarantees of the Trump administrationyou will keep Tiktok and Other Bytedance applications in your US App Store for at least another 75 days.
The iPhone manufacturer received a letter from the attorney general Pam Bondi on Saturday in which he told him that he should follow the executive order of President Donald Trump that will extend the pause in the prohibition of Tiktok in the US, according to people with knowledge of the matter. An Apple spokesman declined to comment.
“The agreement requires more work to ensure that all the necessary approvals are signedhence I am signing an executive order to keep Tiktok in operation for 75 more days“Trump said in a post on his Truth Social platform on Friday.
In February, Apple restored Tiktok in his application store after receiving a similar letter from Bondi in which he offered guarantees around an executive order of Trump of January that initially put the ban on pause. Tiktok also is still available on Google Play, Alphabet’s store. Available on Android devices. A Google spokesman did not respond immediately to a request for comments.
The last extension occurred two days after the US authorities were about to close an agreement to create an American version of Tiktok that would be the majority property of US investors. The agreement had the approval of Bytedance, but was rejected after Trump’s decision to impose generalized tariffs on US business partners, included levies that raised the total rate on Chinese imports to 54%.
American legislators approved the original prohibition of concern for the Chinese property of Tiktok, fearing that the popular application could be used to spy on US citizens. China requires their companies to share data with the government if it requests it. Trump previously supported the ban, but has changed posture. “I guess I have a warm point for Tiktok that I didn’t originally had“He said when signing the order of January.
Trump and other senior officials examined on Wednesday a proposal of a consortium of US investors, including Oracle, Blackstone and the venture capital firm Andreessen Horowitz, which had emerged as one of the main contestants to buy Tiktok, According to two people familiar with the meeting.
According to the possible agreement, the new external investors would have 50% of the Tiktok business in the US in a unit that would be split from Bytedonce, said Bloomberg News on Friday. The current Bytedance investors in the US would also have about 30% of the businessreducing the participation of Bytedance to just under 20%.
