What does Trump say about TikTok?
Donald Trump officially reversed his initial stance on banning TikTok, instead signing an executive order that kept the app in the U.S. by requiring its Chinese parent company, ByteDance, to sell a majority stake to American investors. He has stated he has a "warm spot" in his heart for the platform, crediting it with helping him win the youth vote and famously telling younger users that they "owe him big" for saving it.
Is Trump not banning TikTok?
Trump signed an Executive Order saving TikTok from a ban while protecting America's national security.
Did President Trump purchase TikTok?
As of January 2026, Donald Trump did not personally buy TikTok, but his administration approved a deal for a U.S.-based consortium to take over TikTok's U.S. operations to avoid a ban. The deal establishes a new joint venture, TikTok USDS, featuring American investors including Oracle and Silver Lake, with ByteDance holding a minority stake.
Which president took down TikTok?
In 2020, President Donald Trump proposed a ban of TikTok, describing it as a potential national security risk. In August, he signed an executive order instructing ByteDance to divest from the app, but a court blocked the order with an injunction in September. The Biden administration later reversed the order in 2021.
Why does Trump want to save TikTok?
Trump argued that while the app's national security and data privacy concerns should still be addressed, banning TikTok would empower Facebook, which he labeled the "enemy of the people." This announcement followed Trump's meeting with Jeff Yass, a Republican donor who owns a "significant stake" in ByteDance and who ...
President Trump signs TikTok deal: Here's what to know
Who owns 80% of TikTok?
The deal was completed by January 22, 2026, with a consortium of investors—including Oracle, Silver Lake, MGX, and others including the personal investment entity for Michael Dell—owning more than 80% of the new venture. ByteDance retained 19.9% ownership.
What is Trump's opinion on social media?
After years of criticism for allowing Trump to post misinformation and falsehoods, Twitter began to tag some of his tweets with fact-checks in May 2020. In response, he said social media platforms "totally silence" conservatives and he would "strongly regulate, or close them down".
Who ended up buying TikTok in the US?
TikTok is now majority-owned by a group of U.S.-backed investors, including Oracle, Silver Lake, and MGX. The app's former owner, Chinese company ByteDance, retains a minority stake of about 20%. Some users are deleting the app, citing new terms of service and alleged content censorship.
Who owns 50% of TikTok in the US?
The agreement transferred control of TikTok's US user data and most of its US operations to a new joint venture, 50% of which will be owned by a consortium of investors comprised of tech company Oracle, private equity firm Silver Lake and Emirati-backed investment firm MGX.
Does the president sleep in the same room as the first lady?
Whether the president and first lady sleep in the same room depends entirely on the couple. While the Executive Residence in the White House offers a shared master suite, many modern and historical presidential couples have chosen to sleep in separate bedrooms or even on different floors.
What are Donald Trump's real social media accounts?
Donald Trump's official social media presence is primarily anchored by his active accounts on Truth Social, X (formerly Twitter), Instagram, and Facebook.
Who banned TikTok in the US?
The U.S. ban on TikTok was driven by a combination of the U.S. Congress, the Biden administration, and the Supreme Court.
Why are people canceling TikTok?
Governments (particularly in the US) are threatening to ban or force a sale of TikTok due to national security concerns regarding its Chinese parent company, ByteDance. Officials fear the Chinese government could use laws to access US user data or manipulate the app's recommendation algorithm to spread propaganda and disinformation.
Who is the founder of TikTok?
TikTok and its parent company, ByteDance, were founded by Chinese internet entrepreneur Zhang Yiming in 2012. A software engineer by trade, he developed ByteDance's first hit product, the news aggregator Toutiao, before launching the short-form video app Douyin in China in 2016, which was released globally as TikTok in 2017.
Why was Donald Trump removed from social media?
Major social media platforms indefinitely suspended or banned Donald Trump in January 2021 primarily due to the risk of further incitement of violence following the attack on the U.S. Capitol. Platforms cited that his posts violated policies regarding civic integrity, glorification of violence, and spreading election-related misinformation.
How much is Trump worth?
Donald Trump's net worth is estimated to be approximately $6.5 billion. His wealth is heavily tied to his cryptocurrency ventures, real estate holdings, and his stake in Trump Media & Technology Group.
Is Gen Z deleting social media?
Yes, a significant portion of Gen Z is stepping back, reducing usage, or entirely deleting social media accounts to protect their mental health and escape "pressure platforms". Driven by a desire for authenticity and less commercialized content, many are adopting a "digital detox" approach, with 46% of young users having reduced their usage in 2024 and 1 in 5 deleting apps.
Will TikTok 100% be banned?
Any ban on TikTok in the United States won't happen for months – or possibly years as the matter drags on in courts, experts say. But this is the closest the United States has come to kicking out an app that TikTok says is used by about half the country.
What are the best alternatives to TikTok?
The best TikTok alternative depends on what you are looking for. For short-form content, Instagram Reels and YouTube Shorts offer the most seamless transition. For decentralized, community-driven short videos, Skylight Social is rapidly growing, while Rednote provides a heavily algorithm-driven lifestyle and video feed.
Is TikTok Chinese yes or no?
Yes, TikTok is a Chinese-owned app. It was developed by ByteDance, a technology company founded in Beijing in 2012. ByteDance still operates TikTok globally and maintains a sister app called Douyin specifically for the Chinese market.
Is TikTok still owned by China?
China no longer owns a majority stake in TikTok's US operations. To avoid a nationwide ban, TikTok separated its US business into a joint venture majority-owned by a group of global and American investors (including Oracle, Silver Lake, and MGX). Chinese parent company ByteDance retains a minority stake of roughly 19.9%.
Is the owner of TikTok a billionaire?
Yes, the owner of TikTok is a billionaire. Zhang Yiming, the founder of ByteDance (TikTok's parent company), is one of the wealthiest people in the world, with an estimated net worth of over $50 billion. You can track his real-time wealth on the Forbes Zhang Yiming Profile.