TikTok is hoping that 2025 can be its year – but what comes next for the social media company is truly anyone’s guess. Will someone buy it? Will it divest from its Chinese ownership? Will it exist in America next week (the app is fully banned in China as is)? Stay tuned.
The social-media app is seeking yet another revival at the 11th hour. Despite a bipartisan bill signed by President Joe Biden that restricts the ability for foreign adversaries to run social-media companies in the United States, TikTok is activating its army of supporters once more (the app is presumably hoping that its child soldiers will not threaten to kill themselves or lawmakers this time)… and it just might work.
The problem facing the company and its parent company, ByteDance, is that the bill gave a deadline of 19 January – the day before the presidential inauguration – for TikTok to rid itself of ByteDance’s ownership; ByteDance is a ‘cog in China’s vast military machinery’, the Foundation for Defense of Democracies noted.
But
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