Trump Administration Reviews Options To Delay TikTok Ban As CEO Shou Chew Will Attend Inauguration

Benzinga

TikTok's survival in the U.S. hinges on incoming President Donald Trump's administration as his advisers explore delaying a legal ban set for Sunday. TikTok CEO Shou Chew will attend Trump’s Monday inauguration alongside U.S. tech leaders, including Elon Musk, Jeff Bezos, and Mark Zuckerberg. The app faces a U.S. ban under a bipartisan law unless its parent company, ByteDance, divests U.S. operations. Trump advisers are reviewing options for an extension. Trump’s support for TikTok has grown, citing its role in reaching young voters. A Supreme Court decision on the ban's constitutionality is expected imminently.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02TikTok's survival in the U.S. hinges on incoming President Donald Trump's administration

00:06as his advisors explore delaying a legal ban set for Sunday.

00:10TikTok CEO Xiao Chu will attend Trump's Monday inauguration alongside U.S. tech leaders,

00:15including Elon Musk, Jeff Bezos, and Mark Zuckerberg.

00:19The app faces a U.S. ban under a bipartisan law that lets its parent company, ByteDance,

00:24divest U.S. operations.

00:25Trump advisors are reviewing options for an extension.

00:28Trump's support for TikTok has grown, setting its role in reaching young voters.

00:32The Supreme Court upheld the ban on Friday.

00:34For all things money, visit Benzinga.com slash GSTV.

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